
IMF and the EU are different to the decision of the Greek debt crisis
On Saturday, the WikiLeaks Internet portal published excerpts from telephone negotiations of two representatives of the International Monetary Fund: the head of the European Unit of the IMF of Paul Tomsen and the head of the IMF mission in Greece Delia Velkuleska. The theme of the conversation, held on March 19, was the attitude of the IMF, as one of the creditors of Greece, to the conditions for the provision of further assistance to Athens.
The WikiLeaks website reports that during the conversation it was said about the IMF’s intention to declare Germany about the exit from the Troika creditors if the IMF and the European Commission will not be able to agree on the conditions of restructuring of Greek debt. According to Tomsen, who are given in the publication on the WikiLeaks website, German Chancellor Angela Merkel will have to determine which option is more expensive for it - to act without the IMF or participate in the revision of the conditions for repaying Greek debt, as the IMF suggests.
The threat of an inevitable financial disaster should be realized in order to push other triple participants - the European Commission and the European Central Bank - to solve the problem.
The head of the European unit of the IMF considers it necessary to increase taxes and reduce pensions in Greece. In Athens, this approach is called "dragon measures."
The agreement reached by Athens with creditors in the summer of 2015 involves the allocation of Greece of new loans worth up to 86 billion euros. 13 billion out of this amount was granted Greece in August last year.
In January 2016, the head of the IMF Kristin Lagarda said that the fund has so far refuses to participate in the third package of financial assistance to Greece and calls for this country to fundamental economic reforms. The economic potential of Greece should be strengthened, and the growth of public debt is suspended, Lagarda said. She emphasized that these conditions have not yet been fulfilled, and the results of the retirement reform begun are still unclear.