Lagarde-Dijsselbloem: Measures on Greek debt to be discussed in coming weeks

The measures that will provide debt relief for Greece will be discussed in the coming weeks, IMF managing director Christine Lagarde said on Thursday, during press conference after the Eurogroup meeting in Lxembourg.

She said when the measures are agreed on, the first loan installment will follow, if Greece requests it, as this is a precautionary package offered by the IMF, she explained. Lagarde also noted that the final debt relief will be provided after the end of the Greek program.

In the same press conference, Eurogroup President Jeroen Dijsselbloem clarified that a mechanism will be put in place which will be decided on before the end of the program, but will be implemented after it is completed.