Mitsotakis says Athens IMF office to close

Government sources say crisis in country is over

08 January, 16:40

    ROME - The office of the International Monetary Fund (IMF) in Athens will soon close, said Greek Prime Minister Kyriakos Mitsotakis in Washington following a meeting with IMF Managing Director Kristalina Georgieva.
    Greek government sources cited by Greek daily Kathimerini said the closing of the office of the IMF - one of the protagonists in the Greek bailout during the years of the devastating economic crisis - "signals the end of the crisis in our country".
    Speaking with Georgieva, Mitsotakis touched on Greek budget surplus objectives requested by international lenders, and said they will be scaled back in 2021.
    "I believe the time has come to discuss them with our Eurozone partners," Mitsotakis said, cited by Greek media.
    "We are a credible government, we are carrying out reforms, we have an economic environment with low interest rates - borrowing money costs less than in Italy," he said.
    "There's no reason to be limited by such high budget surpluses," he said.

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