IMF: The financing of Greece ceases temporarily till the election of the new government

Greece is in no immediate need of any funding whatsoever

Following failure of electing a new President of the Republic from the current Parliament and the announcement of early elections the IMF representative Jerry Rice announced the decision of the fund to

However, Mr. Rice added that the above development will not affect the economic situation in Greece.

According to Mr. Jerry Rice “Negotiations with Greek authorities for the completion of the sixth program evaluation report will be restarted, in consultation with the European Commission and the European Central Bank, once a new government in Greece is formed”.

Finally, the IMF representative stressed that Greece is in no immediate need of any funding whatsoever.