Greek finance minister Yanis Varoufakis has traveled to Washington to meet with International Monetary Fund Managing Director Christine Lagarde . The crucial for Greece’s survival meeting with the Presidnt of IMF was set on Easer Sunday evening, and took place “in an empty city, and an empty building”, international correpondents wrote .
After the meeting with Yianis Varoufakis, the IMF Managing Director Christine Lagarde said in a statement that she welcomed his confirmation that the loan payment due would be made on schedule.
“I welcomed confirmation by the minister that payment owing to the Fund would be forthcoming on April 9th,” Lagarde said.
Following the meeting with the head of the International Monetary Fund, the Greek Finance Minister told the press in Washington, that
‘the government plans to “reform Greece deeply” and would seek to improve the “efficacy of negotiations” with its creditors’
Greek Finance Minister Yanis Varoufakis didn’t neglect to make clear to the reporters, also, after the meeting, that Greece “intends to meet all obligations to all its creditors, ad infinitum,” seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this week.
The talks come just days ahead of an April 9 deadline for Greece to repay a 450-million euro ($493.8 million) loan instalment to the International Monetary Fund. There has been concern over a possible default, which the Greek government has sought to quash.
Earlier in April, Junior Finance Minister Dimitris Mardas gave assurances on Saturday that Greece has the money; “The payment to the IMF will take place on April 9. There is money for the payment of salaries, pensions and whatever else is needed in the next week,” Mardas has said, as Deutshe Welle had reported.
Greece is locked in negotiations with creditors over its international bailout program, and has not yet received the remaining funds in its 240-billion euro EU-IMF reserve package, with Brussels insisting it approve Greece’s new reforms.
Finance deputy ministers from the EU will meet on April 8 and 9 to try and agree on the reforms, to unlock the last tranche of the bailout.
EU officials have said that progress had been made in talks but more work was needed for a deal to be reached.
“It is necessary to restore the Greek economy’s funding flow,” Labor Minister Panos Skourletis told Greek Ependysi newspaper, accusing the country’s lenders of taking advantage of Greece’s funding limits to add pressure on Athens.