“The report noted that, among others, the Fund failed to adequately examine alternative routes instead of the “wrong” memorandum that was implemented in our country in 2010″ the officials said, according to AMNA News.
“The big mistake, according to the report, was that there was no debt restructuring, as the IMF failed to convince the Europeans that this would not have any catastrophic impact on their economies. Of course, there is nowhere the view of the governments by New Democracy (ND) and PASOK. We remind that Samaras and Venizelos viewed the public debt as sustainable” Finance ministry sources said.
The officials stressed that the current government has set as a priority a debt restructuring -as agreed officially during the last Eurogroup and also noted that the report confirmed -once more- that a debt restructuring was not agreed because European banks were “loaded” with Greek bonds.
“They offered them the time, without any reaction from the governments of ND and PASOK, to “unload” these bonds and to burden the country's pension funds”.
IMF Report Justifies Greek Position, Finance Ministry Says
The Athens News Agency reported on Friday that Finance ministry officials, commenting on a report drafted by IMF’s watchdog over the Fund΄s role in the Greek program 2010-2011, said “there is a daily flow of reports by international organizations which justify the views and position of the government and SYRIZA when the party was in opposition"
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