IMF calls on Greece to finally inaugurate e-auction platform

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IMF calls on Greece to finally inaugurate e-auction platformReducing the “mountain” of non-performing loans (NPLs) in Greece is a prerequisite in order to restore a normal flow of credit from Greece’s lenders

An IMF spokesman on Thursday reiterated that electronic auctions comprise an important structural reform in still bailout-dependent Greece, while encouraging Greek authorities to quickly implement a relevant platform that is still on the “drawing board”.

Deputy spokesman William Murray, who spoke during a regular press briefing in Washington D.C., said reducing the “mountain” of non-performing loans (NPLs) in Greece is a prerequisite in order to restore a normal flow of credit from Greece’s lenders.

At the same time, he noted the IMF does not discern a danger of any divergence from the set fiscal goals entailed in the current Greek bailout program, and as such, no further measures are necessary. 

Read more here.

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

Source: naftemporiki.gr

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