Eurogroup emphasises limited room for discussion on fiscal targets
Regling underlines concerns about fiscal target after voter-friendly measures
Eurozone set to give next govt until Sept to address fiscal issues
EC warns budget not on track due to handouts, advises against further underspend
Institutions warn of fiscal target being missed, reforms slowing
Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
IMF outlines areas in which Greece needs further reforms, where it should apply caution
The International Monetary Fund (IMF) issued on Tuesday its first post-programme report for Greece as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay the Fund.
The IMF acknowledges that the Greek economic recovery is ongoing, with GDP growth expected to accelerate further this year, but cautions that the reform momentum is slowing down, and risks to the growth trajectory are rising.
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