IMF distances itself from budget talks, leaving Athens and EU to hammer out deal

EconomyProgramme Tags: Budget, EC, Eurogroup, IMF, Pensions

The International Monetary Fund has officially indicated that although it believes Greece should implement the pension cuts it has agreed for next year, it will leave it up to Athens and its European lenders to come to an arrangement over the 2019 budget.

The Fund has gradually taken a backseat role in the negotiations over the budget and it is believed that when Finance Minister Euclid Tsakalotos and IMF managing director Christine Lagarde met in Bali last month, the Greek official was given assurances ...

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