Regling: IMF will not participate in next aid programmes

Wednesday, June 21st, 2017
Last Update: 10:47

European Stability Mechanism (ESM) chief Klaus Regling in an interview with public broadcaster ERT said that the International Monetary Fund (IMF) will not participate in the next aid programmes of EU member states.

"It is also the issue of what we are going to do with the ESM.

According to AMNA, many argue that we need to widen the responsibilities, which I believe can be done, perhaps after the end of the Greek programme, next year.

When the next crisis breaks out, which I do not foresee in the near future, it will probably be dealt with without the IMF. So ESM will, in this respect, have extended powers and can expand its authority," he explained.

See Also:

Thank you for contacting

Thank you for your enquiry to 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 Business page, CLICK HERE to create a Account