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Photo via IMF photostream on Flickr [] IMF sees eurozone debt relief pledges failing to deliver sustainability

Following the executive board meeting on July 20 that approved in principle the precautionary Stand-By Arrangement (SBA) for Greece, the International Monetary Fund published its updated Debt Sustainability Analysis, which includes the relief measures that were agreed in the June 15 Eurogroup.

Photo by Gerasimos Domenikos/Fosphotos IMF sets out why it stands apart from eurozone on long-term growth prospects

Greece’s long-term growth potential was one of the main points of contention as the International Monetary Fund and the Greece’s eurozone creditors were attempting to bridge their differences on debt sustainability to ensure the conclusion of the review and the Fund’s participation in the programme.

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