Press Release No. 10/143

Press Release: Statement by IMF Managing Director Dominique Strauss-Kahn on Greece

April 11, 2010

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement today on Greece:

“I welcome today’s statement on the financial support package that will be provided by Euro area member countries to Greece, when needed, to safeguard financial stability in the euro area as a whole. The agreement among euro area finance ministers, the European Commission and the ECB marks a very important step.

“The IMF stands ready to join the effort, including through a multi-year stand-by arrangement, to the extent needed and requested by the Greek authorities. An IMF team will hold discussions in Brussels on April 12 with the Greek authorities, the European Commission and the ECB.”

For additional background information on the IMF and Greece, see: http://www.imf.org/external/country/GRC/index.htm