IMF: Greek talks ‘long way from finish line’

Global lenders’ negotiations with Greece, which have been moving at a crawl recently, have gained some momentum but remained a long way from the finish line, the IMF’s European head has said.

Athens has been stuck in negotiations with its eurozone partners and the IMF over economic reforms required by its lenders to unlock remaining bailout funds.

“There has been a little bit more impetus in the negotiations between the three institutions and the Greek government for several days,” Paul Thomsen told the newspaper Handelsblatt yesterday, referring to the European Commission, the ECB, and IMF.