'Greece Will Decide on Precautionary Credit Line,' IMF Spokesman Says
Friday, 31 October 2014
"A precautionary support could come in several forms," Gerry Rice, IMF spokesman, said on Thursday during a briefing to reporters in Washington, reiterating that "Greece will decide."
Responding to a reporter’s question on when the troika will return to Athens, Rice stressed that the troika awaited from Greek authorities "the full amount of policy proposals", adding that there was no specific timetable for this. Rice reiterated the IMF’s position on a "precautionary credit line" – a view presented by the IMF’s head Christine Lagarde - saying "that’s something for Greece to decide" while he underlined the progress made by the country and its "access to markets".
Rice said that “a precautionary support could have several forms.” The IMF spokesman said that the troika’s technical staff was in Athens in early October, in the framework of the sixth assessment of the Greek economic programme, adding that discussions will continue on “key issues”.