IMF welcomes Greek concessions at Eurogroup, says more needed to bridge differences

The International Monetary Fund (IMF) welcomed on Monday the progress made by Greek authorities to meet the requirements of the institutions in key areas, but noted that more is needed to bridge the differences between the two sides.

“We have agreed to send back the mission. More progress will be needed to bridge differences on other important issues and it is too early to speculate about the prospect of reaching staff-level agreement during this mission,” the Fund said in a press release.