Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
No breakthrough on debt talks at Eurogroup but June 21 goal remains
Supplemental MoU sets out path for maintaining fiscal sustainability
Growth strategy sets out reform targets, broad policies for post-MoU era
Debt relief talks enter final phase, with June 21 as target for deal
After unveiling growth plan, Athens has fourth review loose ends to tackle
IMF sees much scope for reform progress, particularly on tax in Article IV report
Despite the significant progress made so far, Greece faces fundamental challenges such as vulnerable public finances, notable tax evasion and ineffective tax administration, impaired bank balances sheets and pervasive structural obstacles to investment and growth, the International Monetary Fund’s Article IV consultation report concludes.
Addressing those challenges and restoring debt sustainability is of paramount importance to create a vibrant and dynamic private sector that would be capable to generate sustainable and equitable growth and employment, the IMF stresses.
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.