Dubai-Mubasher: The International Monetary Fund (IMF) said it is awaiting the European decisions on Greece’s debt crisis, to decide whether it participate in the bailout plan.  

“In the period ahead, we look forward to working with the authorities to develop their program in more detail and for Greece’s European partners to make decisions on debt relief that will allow Greece’s debt to become sustainable,” said Delia Velculescu, head of the IMF delegation.

She added that the IMF will remain closely engaged with the Greek government and the European partners to assist in this process, and will make an assessment of its participation in providing any additional financing to Greece once the steps on the authorities' program and debt relief have been taken, expected at the time of the first review of the ESM program.