Privatisation plan inches along as groups express interest in DESFA
IMF insists fiscal targets unrealistic, cites historical evidence to support case
IMF sets out why it stands apart from eurozone on long-term growth prospects
IMF approves programme "in principle," repeats position on debt and reforms
Compliance report looks at programme financing, arrears clearance and 2016 performance
European Commission's DSA reveals serious concerns over debt sustainability, need for relief
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.
As it outlined in its recent Article IV for Greece, the DSA is based on the Gross Financing Needs (GFN) framework due to the majority of Greece’s debt consisting of official sector loans with favourable servicing terms. Also, the financing needs framewo...
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