The International Monetary Fund executive board made no decisions at an informal meeting Wednesday on the Greece loan program, the fund said in a statement.
IMF and European officials returned to Athens earlier in the day, officially restarting the review of the Greek
program after an unexpected halt in talks nearly two weeks ago. Greece had failed to meet many of the basic targets that are conditions for the next tranche of funding, while there are disagreements between the European Union and the IMF over how stringent the loan conditions should be.
The IMF said fund staff briefed the board, updating them on the latest developments.
"Staff will continue its work, together with the Greek authorities and with our European partners, with the intention of completing the fifth review of the program to support Greece's economy," the IMF said.
IMF and European officials returned to Athens earlier in the day, officially restarting the review of the Greek
program after an unexpected halt in talks nearly two weeks ago. Greece had failed to meet many of the basic targets that are conditions for the next tranche of funding, while there are disagreements between the European Union and the IMF over how stringent the loan conditions should be.
The IMF said fund staff briefed the board, updating them on the latest developments.
"Staff will continue its work, together with the Greek authorities and with our European partners, with the intention of completing the fifth review of the program to support Greece's economy," the IMF said.
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