IMF highlights bailout shortcomings in latest admission of programme errors
Athens warned about missing fiscal targets rather than changing them unilaterally
Finance Ministry, Stournaras disagree over fiscal space for expansionary measures
Athens moves ahead with expansionary measures as it waits for lenders' response
Lenders highlight risks of 'short-term popular' measures unveiled by government
Athens plans to use cash buffer to create fiscal leeway for expansionary measures
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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