Tags
IMF
RSS-
IMF argues case for further reform of pension system
EconomyProgrammeOne of the issues discussed in a recent International Monetary Fund paper deals with the Greek pension system and notes that the most recent reform goes in the right direction since it removes some distortions and reduces the overall pension cost.
-
Lack of clarity across the board highlights review impasse
PoliticsGreek PoliticsThere appeared little chance of any progress in the talks between Greece and its lenders on Thursday as it emerged that Alternate Finance Minister Giorgos Houliarakis would not be attending the Eurogroup Working Group (EWG).
-
IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeFollowing the International Monetary Fund’s executive board meeting on Monday, the Washington-based organisation published its ex-post evaluation report on Tuesday evening.
-
Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgrammeThe Article IV consultation report on Greece published by the International Monetary Fund on Tuesday evening included letters by the Greek Finance Minister Euclid Tsakalotos and Bank of Greece governor Yannis Stournaras, which both outlined their disagreement on certain assumptions and comments in IMF’s debt sustainability analysis (DSA) and ex-post evaluation report.
-
IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeThe International Monetary Fund's updated Debt Sustainability Analysis (DSA) sees Greek debt as being highly unsustainable and stresses that even with the full implementation of the policies included in the third eurozone bailout programme, both debt and financing needs will become explosive in the long-run.
-
IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgrammeDespite 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.
-
With review stalled, Athens continues to be coy on concessions
PoliticsGreek PoliticsWith the meeting of the International Monetary Fund’s executive board out of the way, the next crucial waypoint in the Greek review is Thursday’s meeting of the Eurogroup Working Group (EWG).
-
IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammeThe International Monetary Fund’s executive board convened on Monday evening to discuss the Article IV consultation on Greece.
-
Athens gears up for deal with lenders, pending news from IMF
PoliticsGreek PoliticsAll eyes in Athens are on Monday’s meeting of the International Monetary Fund’s executive board, although there are few expectations that it will result in a clear-cut decision regarding the IMF’s future role in the Greek programme.
-
Tsipras tweaks message as chance of review compromise emerges
PoliticsGreek PoliticsAs speculation mounts that the Greek government is preparing for a compromise with the institutions that will lead to the conclusion of the review, Prime Minister Alexis Tsipras presented a slightly more nuanced position during a stormy parliamentary debate on Wednesday night.