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Greece Will Get 'Back on Track': IMF's Lipton

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Published: Friday, 31 Aug 2012 | 10:40 AM ET

Greece is committed to meeting the terms of its bailout program and remaining in the euro zone, International Monetary Fund First Deputy Manager David Lipton told CNBC on Friday.

Macduff Everton | Ironica | Getty Images

“We believe the prime minister, the finance minister, are dedicated to finding the appropriate path for adjustment, getting things back on track… I think they’re working hard, they want to stay in the euro zone, they want to get their country going again,” he said.

Lipton added that the IMF (learn more) was working together with the European Commission and the European Central Bank, as well as Greece, to find ways for the country to balance austeritywith stimulus over a two-year period.

Lipton said an IMF mission will visit Greece next week.

To view IMF First Deputy Manager David Lipton's appearance on CNBC,click here.

— By CNBC.com's Katy Barnato

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Greece is committed to meeting the terms of its bailout program and remaining in the euro zone, International Monetary Fund First Deputy Manager David Lipton told CNBC on Friday.

   
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