US Treasury Mnuchin talks to FT on Greece, €86 billion bailout and IMF

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US Treasury Mnuchin talks to FT on Greece, €86 billion bailout and IMFFinance Minister Euclid Tsakalotos and Alternate Finance Minister George Chouliarakis on Thursday will depart for Washington

WASHINGTON – US Treasury Secretary Steven Mnuchin talked about the “Greece Situation” in an interview with the Financial Times, ahead of this week’s spring meetings of the International Monetary Fund and World Bank.

Finance Minister Euclid Tsakalotos and Alternate Finance Minister George Chouliarakis on Thursday will depart for Washington where the 2017 spring meetings of the World Bank Group and the International Monetary Fund will take place.

Mnuchin in a way settles down fears that Donald  Trump’s election might signal US withdrawal from the world,  offering signs of the administration’s willingness to engage in attempts to deal with economic crises elsewhere, FT says.

“While he stressed that the IMF’s primary role was not to lend to rich countries, the Treasury secretary’s words did not suggest he was planning to impose obstacles on possible IMF participation in Greece’s €86bn bailout,” Financial Times writes.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

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