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Statement by Klaus Regling, ESM Managing Director

21/07/2017
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Press releases

ESM

Following the decision by the IMF Executive Board today to approve in principle an IMF programme for Greece, ESM Managing Director Klaus Regling said: “I am encouraged that the IMF Executive Board has now approved in principle a Precautionary Stand-By Arrangement for Greece. The shared conditionality between the IMF and ESM programmes ensures full alignment on the policy package for Greece. This should allow Greece to successfully complete the reforms foreseen until the end of the ESM and IMF programmes in August 2018, to rebuild a competitive economy and to regain market confidence”.
 

Wolfgang Proissl

Wolfgang Proissl
Chief Spokesperson
 

+352 260 962 230

Anabela Reis

Anabela Reis
Senior Spokesperson / Financial Press Spokesperson
 

+352 260 962 551

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