Following from the news earlier the IMF had approved a standyby loan facility for Greece, comments issued by the IMF
- Greek deal only effective if makes debt sustainable
- Rehabilitating Greek financial sector is essential
- Greece deal gives space for more structural reforms
- Urges Greece to open up its product, services market
Headlines via Bloomberg
And full text here: IMF Executive Board Approves in Principle €1.6 Billion Stand-By Arrangement for Greece
A good pic for a Friday!