WASHINGTON, March 15 There was no room for
slippage in Greece's economic rescue package and failure to
implement agreed policies could trigger an "unsustainable debt
dynamic," a senior International Monetary Fund official said on
The biggest risk to implementation of Greece's new IMF-EU
program is that Athens delays needed economic reforms to address
large competitiveness gaps, Poul Thomsen, the IMF mission chief
to Greece, told a conference call with reporters.
"To get the recovery going, we need to get a strong impulse
from productivity-boosting reforms and failure to launch such
reforms could indeed mean ... that the (Greek) economy will
continue to trend down," he added.