Tsakalotos: IMF’s Requirements Side-Line European Democratic Values

Friday, January 27th, 2017
Last Update: 12:37

The demands put forward by the International Monetary Fund (IMF) which require that Greece legislates now for measures that will be implemented after the end of the current bailout program are side-lining democratic values, Finance Minister Euclid Tsakalotos said on Thursday, after a Eurogroup meeting in Brussels.

“You cannot request a country to legislate for what it will do as of 2019. In this way, European and democratic values are side-lined,” the minister said, noting that this would commit future governments of a European country.

Speaking about the meeting, Tsakalotos said all participants recognized that Greece has made great progress and that the Greek economy can achieve growth. “In all the meetings, we found common ground. Greek growth is doing much better than many expected,” he said.

Commenting on the pending program review, he said everyone noted the importance of reaching a solution quickly. He then asked to consider the IMF’s demand for legislating precautionary measures that concern the period after 2018, saying if the country is making such progress, “new measures are not so necessary.”

Source: ANA-MPA

See Also:

Thank you for contacting Greece.com.

Thank you for your enquiry to Greece.com Villas, in partnership with ISV. Our Villa Experts will get back to you very soon with more information on your Greece villa holiday!

The contact form was not sent. Please contact us via email at [email protected]

All form fields are required.

If you want to add, edit or delete a Greece.com Business page, CLICK HERE to create a Greece.com Account