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A Greek flag waves at Syntagma square in front of the Greek Parliament as pedestrians walk by, in Athens, Greece, 15 May 2012. Photo by BGNES
The International Monetary Fund will not return to Greece to review its loan program before Athens holds fresh elections on June 17, an IMF official said on Thursday.
"We take note that elections have been called and we look forward to being in contact with the new government when it has been formed," David Hawley, IMF deputy director of external affairs, said at a news briefing.
Greece faced anew the risk of default and exit from the euro zone after voters rejected austerity and the terms of the country's bailout from the European Union and International Monetary Fund, plunging the country in political instability.
No party won a majority in the May 6 election.
Greece recently won approval for a second bailout of EUR 130 B intended to help keep it afloat until 2014.
Despite the measures, some analysts fear Greece might need even more help.
The Greek economy is expected to suffer a fifth consecutive year of recession this year, and has already shrunk 12% since 2008.
Greece will hold fresh elections on 17 June and a judge has been appointed to head an interim government.
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