Greece seeks swift bailout review as IMF role still unclear

Greece seeks swift bailout review as IMF role still unclear


3 photos
Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

ATHENS, Greece (AP) — Greece's finance minister says his government is pressing lenders for a swift review of the country's bailout program, warning that delays would prolong market uncertainty and make fiscal targets more difficult.

Euclid Tsakalotos said he wanted negotiations with bailout inspectors to last "weeks not months." He spoke Monday after returning from a six-city tour of European Union countries that included talks with German Finance Minister Wolfgang Schaeuble.

Tsakalotos headed dramatic negotiations last year between Greece's left-wing government and rescue lenders for a third bailout that brought Greece to the brink of an exit from the euro currency.

The International Monetary Fund has still not said whether it will continue as a full bailout partner, but Tsakalotos insisted Athens would welcome participation despite the IMF's "higher bar" on fiscal discipline.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

Most recent Business stories

Related topics

Business
The Associated Press
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button