Fears of Grexit Grow as IMF and EU Fall Out Over Bailout Program
SputnikNews.com
15.02.2016
Greek Prime Minister Alexis Tsipras has warned that disagreements between the European Union and the International Monetary Fund are hampering Athens’ efforts to get to grips with the country’s economy following the latest bailout.
Greece has been forced to implement a deeply unpopular set of austerity measures by its creditors — the European Central Bank (ECB) the International Monetary Fund (IMF) and the European Commission, known as the Troika — and is awaiting the latest assessment of its plans.
However, despite sending the Troika details of its latest pension reforms, Athens has heard nothing following disagreement between the EU and the IMF.
“Negotiations on the reform plan have fallen behind, which is in nobody’s interest. To date we have had no official response from the institutions, which is due to disagreements at their heart,” Tsipras said.
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