IMF

The country is being hit by the current crisis having barely emerged from the decade long period of essential bankruptcy and the harsh austerity.

The government must act poste haste and implement all the reforms that are required in order to shield an economy that is hanging by a thread.

The IMF appears determined to make its views known on a political level, beginning with the representatives of eurozone member-states in the Eurogroup Working Group, which is set to meet in Brussels on September 20-21.

It is impermissible for government cadres to imply or clearly state that the cancellation of pension cuts is a given, when in fact there has been no tangible result from talks with creditors.

'We are a very patient creditor, but we can stop the debt relief measures that we have agreed to with Greece, if the adjustment programme does not continue as we have agreed.'