Athens forced to consider shelving market access plans for now

PoliticsGreek Politics Tags: Debt, ECB, ELSTAT, IMF
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Uncertainty surrounds the government’s plans to return to the bond markets after the European Central Bank and the International Monetary Fund appeared to be less than fully supportive of Greece issuing a bond right now.

Although the International Monetary Fund’s executive board approved “in principle” on Thursday the organisation’s participation in the Greek programme, it emerged that in the agreement between the Fund and Athens a limit had been set on the amount of de...

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