Greek bailout talks only after vote: IMF

Greece's bailout review will resume only after a new government is in place, the International Monetary Fund says.

A Greek flag waves in front of the Greek Parliament in Athens

The IMF says Greece's stalled bailout review will resume only after a new government is in place. (AAP)

The International Monetary Fund says Greece's stalled bailout review will resume only after a new government is in place, following general elections called for January 25.

In a statement on Monday, IMF spokesman Gerry Rice said Greece faces no immediate financing needs.

The IMF and eurozone countries have kept Greece afloat since 2010, when the heavily indebted country nearly went bankrupt.

In exchange, governments in Athens implemented deeply resented spending cuts and tax hikes, to restore the public finances.

Greece's talks with its bailout creditors have been stalled for months amid disagreements over required new spending cuts.


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Source: AAP



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