Greece's exit from the memorandum dominated the meeting between FinMin and IMF chief

Greece's exit from the memorandum dominated the meeting between Finance Minister Gikas Hardouvelis and International Monetary Fund (IMF) chief Christine Lagarde on Sunday at the Fund's headquarters in Washington.

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According to a senior government source, "discussions have started" and the "IMF is positive because it has contributed to this effort."

As it was pointed out, "there are many factors and players in this negotiation." The same source said that everyone would be happy in the end, emphasizing that "we want the markets to get a positive message. It is a difficult venture."

Bank of Greece Governor Yannis Stournaras, advisor to the Prime Minister Stavros Papastavros, Finance ministry secretary general Tassos Anastasatos and Greece's IMF representative Thanos Katsampas participated in the meeting as well as the head of the IMF's European department Poul Thomsen and Jerry Rice, Director of the Communication Department.

Hardouvelis and his colleagues on Sunday night will travel from Washington to Luxembourg for a Eurogroup meeting.