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Eurogroup approves SMP and ANFA profit release, decision on investment use postponed
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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
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![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-small.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
Focus shifts to DSA, fiscal targets after IMF loan prepayment
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Despite differing views IMF and EC see no immediate debt sustainability concerns
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Brussels gives Athens thumbs-up for reforms and budget
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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
IMF voices concerns over long-term debt, sees more relief being needed
In the report of the Article IV consultation with Greece, the International Monterary Fund (IMF) updated its Debt Sustainability Analysis (DSA) to incorporate the debt relief measures that were agreed by the Eurogroup in June.
The Fund reiterates its long-held view that the agreement to extend the maturities of Greece’s EFSF loans by 10 years (which brings the average maturity to 42.5 years), the additional disbursement that created a cash buffer of 24 billion euros and the r...
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