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IMF to consider aid after referendum in Greece

03. November 2011. | 07:16

Source: Athens News

The International Monetary Fund board will consider the sixth tranche of Greece's loan after the referendum on the new bailout plan, the head of the IMF said on Wednesday.

The International Monetary Fund board will consider the sixth tranche of Greece's loan after the referendum on the new bailout plan, the head of the IMF said on Wednesday.

"As soon as the referendum is completed, and all uncertainty removed, I will make a recommendation to the IMF executive board regarding the sixth tranche of our loan to support Greece's economic program," IMF Managing Director Christine Lagarde said in a statement.

The IMF chief was part of talks between eurozone leaders and Prime Minister George Papandreou, who surprised European leaders on Monday by calling for a referendum on the country's bailout plan.

Lagarde welcomed Papandreou's plans to hold the referendum as soon as possible. (Reuters)
Eurozone watches as Greece heads for Dec 4 vote

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