By Jonathan Davies

The International Monetary Fund (IMF) has cast doubt over the make-up of Greece's third bailout after saying it was very wary of contributing.

Officials at the IMF are concerned that the economic reforms agreed do not go far enough to make Greece's debt sustainable.

The comments imply that the IMF will not contribute to the bailout in its early stages, but will add funds when it feels its concerns have been addressed.

The IMF believes the eurozone needs to give Greece debt relief in the form of longer repayment terms and grace periods. The eurozone has said it will consider such moves after the Greek government has started implementing economic reforms.

The organisation also called on the Greek government to further with its economic reforms in order to make itself more sustainable.