IMF Ready to Continue Support for Greece

International Monetary Fund (IMF) Director Christine Lagarde, photo by EPA/BGNES

The International Monetary Fund has said it is ready to extend its financial support for Greece.

"We stand ready to continue supporting Greece, and look forward to discussions with the new government," IMF chief Christine Lagarde said in a statement on Monday, according to The Financial Times.

The statement of the IMF Managing Director came against the backdrop of anti-austerity party Syriza winning Sunday’s parliamentary elections in Greece.

Syriza, which won 149 seats in the 300-seat parliament, chose the right-wing Independent Greeks (ANEL) as a coalition partner.

Syriza has condemned the austerity measures imposed by the troika (IMF, European Central Bank (ECB), European Union) in Greece.

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