European Institutions and IMF Working Together as Foreseen in ESM Charter

Monday, February 6th, 2017
Last Update: 18:25

The European institutions and the International Monetary Fund (IMF) are working within the framework of the agreements and commitments set out in the European Stability Mechanism (ESM) charter, Annika Breidthardt repeated on Monday.

The IMF had recently reaffirmed its intention to stay on board the Greek program, said the spokesperson for European Commissioner Pierre Moscovici. Under the ESM charter, she added, the European Commission, the European Central Bank and where possible the IMF will be responsible for monitoring the implementation of terms that accompany the financial assistance package to Greece.

“In this framework, we are working with the IMF,” she said.She avoided any comment on the position of the new U.S. administration regarding the IMF’s participation in the Greek program.

(source: ana-mpa)

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