Troika concludes visit to Greece

Teams from the troika, comprising staff from the European Commission (EC), the European Central Bank (ECB) and the International Monetary Fund (IMF) have concluded their visit to Greece to discuss policies related to the country’s adjustment programme.

In a joint release on Wednesday, the organisations said that during the visit the teams and Greek authorities “had comprehensive and productive discussions on the policies needed to restore growth, employment and competitiveness, secure fiscal sustainability in a socially balanced manner, and strengthen the financial system.”

It said the Greek and the staff teams agreed on most of the core measures needed to restore the momentum of reform and pave the way for the completion of the review.

“Discussions on remaining issues will continue from respective headquarters and through technical representatives in the field with a view to reaching full staff level agreement over the coming days. Furthermore, financing issues will be discussed between the official lenders and Greece,” the release said.

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