NEWS

‘No change’ to IMF plan for loan talks, fiscal gap

The board of the International Monetary Fund, one of Greece’s three international creditors, is to convene before the end of this month as planned to approve the release of a 3.6-billion-euro tranche of pending rescue funding, the Finance Ministry said in a statement on Saturday, rejecting press reports suggesting the meeting would be delayed.

The ministry’s statement also rebuffed media reports referring to a fiscal gap of 2 billion euros in 2015 and 3 billion in 2016.

“In accordance with the Medium-Term Program, which was voted through Parliament on Friday, there is no fiscal gap for the period 2014-18,” the statement said.

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