GREECE said yesterday that it would welcome the withdrawal of the International Monetary Fund from its “bailout” programme after the agency expressed reservations about a planned 3.5 per cent budget surplus and the sustainability of Greek debt.
Dimitris Tzanakopoulos, speaking for the Syriza-led government, said the IMF had made “irrational demands” of Greece.
“What the IMF decides is its own concern,” he said. “It should take the decision as soon as possible and not create pointless delays.”
Negotiations for a third bailout continue following two previous agreements imposed on the country by the IMF, EU and European Central Bank that ordered a fire sale of public assets such as ports and transport infrastructure, cuts to wages and pensions and the deregulation of many industries and professions in return for cash to repay bad loans.