Time for IMF to make up its mind, says Greece’s new economy minister
Athens — The time has come for the IMF to make up its mind on Greece, according to the country’s economy minister. The path to recovery ran sequentially through completion of Greece’s bail-out review, debt relief and then admission to the European Central Bank’s (ECB’s) quantitative easing programme, said Dimitri Papadimitriou, an economist who joined the government in November after a career championing alternatives to the macroeconomics espoused by the IMF. Now, the Washington-based fund must decide whether the Greek recovery would happen with or without it, he said in an interview. "The IMF has changed its opinion many times," said Papadimitriou, who spent almost five decades in the US, where he is on leave from his post as president of Bard College’s Levy Economics Institute. "It’s very hard to know whether in fact they want to be in or they want to be out. I think they do want in, and we want them to be in." Greek markets have rallied in November on the expectation creditors ma...
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