ECONOMY

Germany does not expect IMF to call for new writedown of Greek debt

A German Finance Ministry spokesman said on Monday he saw no reason to believe that the International Monetary Fund (IMF) would call for another write-down of Greek public debt.

Chief inspectors from the «troika» – the European Union, European Central Bank and the IMF – are due in Athens on Monday to continue a review of Greece’s fiscal adjustment and agreed reforms before the country’s donors pay out more aid.

Finance Ministry spokesman Martin Kotthaus said during a regular government press conference Germany saw no need to discuss further measures for Greece.

[Reuters]