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!