Friday, July 24, 2015

Greece sends formal request asking for new IMF credit line – Reuters

ATHENS (Reuters) – Greece has sent a formal request to the IMF asking for a new credit line, said Friday the Ministry of Finance

Greece should begin talks with lenders of the European Union and the IMF on a new rescue package .

It is not clear the extent of the involvement of the IMF once the current program expires next year.

“We would like to inform you that we are looking for a new credit line from the International Monetary Fund, “wrote the Minister of Finance, Euclid Tsakalotos, in a letter dated July 23 addressed to the IMF Managing Director, Christine Lagarde.

“We expect a continued cooperation with the Fund.”

The IMF confirmed Friday that received the request and said in a brief statement that” the Greek authorities will discuss with our European partners and the time and modalities of negotiations “.

(Reporting by Karolina Tagaris, additional information Krista Hughes, published in Spanish by Manuel Farias)

© Thomson Reuters 2015 All rights reserved.

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