BUSINESS

IMF on board for Greek bailout, says Slovak finance minister

TAGS: Finance

It looks like the International Monetary Fund (IMF) will take part in the financing of Greece's third bailout, Slovakia's finance minister Peter Kazimir said at the EBRD's annual meeting in Nicosia on Wednesday.

"It seems to me that yes, finally [the IMF will provide funding to Greece]. We have to congratulate Christine Lagarde that she managed to convince the IMF," he said.

"This amount is not important, [but] it is really symbolic. Technically the IMF must be on board," he added.

The eurozone has always said it would only consider debt relief for Greece after 2018, Kazimir said. [Reuters]

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