Some comments from an IMF official

They look pretty much the same as we had earlier from the FT

  • Greece needs sustainable plan to get loan from fund
  • Crisis requires difficult decisions on all sides
  • IMF wouldn't fund Greece without debt relief pledge
  • IMF to stay fully involved in Greek talks
  • Fund can only lend when conditions are in place
  • Dismisses FT report, saying that the IMF is participating in talks

The official has dismissed the FT story even though the FT stated that they would still be participating in talks. He/she has also pretty much given comments word for word from what Peter Spiegel wrote.

Not so much reaction in EURUSD though it remains heavy at 1.0910