IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief

EconomyProgramme Tags: Debt, Eurogroup, IMF
Photo via Flickr https://flic.kr/p/7BWNey
Photo via Flickr https://flic.kr/p/7BWNey

Ahead of the Eurogroup meeting on Tuesday, the International Monetary Fund published its preliminary debt sustainability analysis (DSA), which was distributed to its Executive Board but was neither discussed nor approved.

The report notes that the programme’s initial implementation problems mounted from mid-2014, with across-the-board reversals after SYRIZA came in power in January 2015. The DSA published by the Fund last June had shown that the agreed debt targets would...

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