The International Monetary Fund has had no discussions with Greece about a third bailout, as the current programme will continue until 2016, a Fund spokesman said yesterday.

German Finance Minister Wolfgang Schaeuble earlier this month predicted Greece would need a new rescue plan, though he later played down talks the bailout was imminent.

Greece has already been bailed out twice since 2010 with €240 billion worth of agreements coordinated by the European Central Bank, EU and IMF. But the IMF estimated last month that Greece will still have a funding gap of nearly €11 billion in 2014-2015.

“In our next review, we’ll discuss developments on that front and see where we are,” IMF spokesman Gerry Rice told reporters, referring to Greece’s funding needs.

“The numbers of course could change in either direction.”

Rice repeated that Europe has already promised to support Greece until it can tap markets on its own, provided the indebted country can stick to its current bailout obligations and post a primary budget surplus this year.

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