The International Monetary Fund said it will support Greece and help the country overcome its economic problems. The IMF dismissed a news report over the weekend that said the IMF may refuse to continue supporting Greece.
The German weekly Der Spiegel reported over the weekend that Greece will need up to 50 billion more euros on top of the 130 billion euros already agreed on and the IMF may refuse to fund any more.
An IMF spokesperson said, “The IMF is supporting Greece in overcoming its economic difficulties.”
Greece’s new Prime Minister has vowed to renegotiate the bailout while remaining in the euro zone. The IMF has hinted that it would be open to discussing new targets under the bailout agreement due to delays caused by elections in Greece.