IMF expects ideas from eurozone on bridging Greece’s funding gap

By Katerina Sokou

The representatives of the country’s creditors will return to Athens once a series of technical issues are cleared up, while the bridging of the funding gap will be necessary for the completion of the ongoing assessment of Greece’s progress, an IMF spokesman said in Washington on Thursday.

Gerry Rice added that the Fund expects specific proposals from the eurozone on how the gap will be covered.

“We usually require a degree of specific measures to ensure sustainability for the next 12 months,” he said when asked if the eurozone needs to take any measures or make a general commitment.

On the other hand, it now appears the IMF is not bent on pressuring the Europeans regarding the lightening of Greece’s debt.

Rice expressed confidence that the Europeans will fulfill their pledge to secure the long-term sustainability of the country’s debt, as long as Greece fulfills its own commitments.