Εκ νέου στήριξη του IIF στις αποφάσεις για το πρόγραμμα διάσωσης της Ελλάδας
The Board of Directors of the Institute of International Finance (IIF) strongly supports the recent agreements among Greece, Euro Area authorities, and the IMF on a new adjustment and financing program for Greece, including the common understanding of the terms of a voluntary exchange of privately held Greek Government Bonds as presented in the February 21, 2012 statement by the Steering Committee of the Private Creditor-Investor Committee for Greece.
The decision to participate in the debt exchange lies exclusively with individual investors. The IIF Board is firmly of the view that a successful completion of the exchange will contribute meaningfully to facilitating the official financing for Greece and help Greece to carry out necessary reforms to set the basis for economic recovery.
These are important steps towards resolving the Greek debt crisis, addressing the overall fiscal and sovereign debt problems in the Euro Area, and restoring financial stability, which is essential to foster economic growth and job creation.