IMF Now Says Gov't Economic Program Leading to Recovery

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 The government's economic program is apparently going to give Greece the opportunity to recover, IMF representative Paul Thomsen told the Sunday Edition of "To Vima". The article quoted him as saying that "political stability is an element of substantial importance in recovery," but also added that the troika of lenders is not infallible in its predictions. The IMF official did not rule out the possibility of a new haircut of the debt, referring instead to the EU's commitment for "further lightening of the debt as long as Greece applies its economic programme fully." He also stressed the need for speeding up privatisations, as results in that sector had "fallen greatly behind in terms of the binding commitments." If delays continue to mid-year, he said, it will be suggested to the government that it contacts experts in global markets "who can maximize the benefits for all Greeks."