‘Urgent’ to reach agreement on loan for Greece, says IMF

Talks with IMF and eurozone have dragged on for months, but fresh funds needed so Greece can pay debt due in July

It is "urgent" to reach an agreement on a loan program for Greece but a commitment is still required from Athens on reforms and from Europe on debt relief, a senior IMF official said on Friday.

"It is urgent that we agree on a program and that we conclude these discussions because it's taking a toll on the Greek economy," Poul Thomsen, head of the IMF's European department, said. "There is no doubt about that, it's serious."