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IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
EconomyProgrammeThe International Monetary Fund (IMF) published on Tuesday the report for the Article IV consultation with Greece, which was discussed by its executive board last week.
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IMF insists labour market reforms need to be preserved
EconomyProgrammeThe IMF has reiterated its key recommendations for Athens and placed strong emphasis on labour policies and continuing reforms that will foster growth and facilitate investment.
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IMF sets date for Article IV and DSA as markets mull Greek bonds
EconomyProgrammeInternational Monetary Fund officials are due to meet on July 27 to discuss the Article IV review regarding Greece and the latest debt sustainability analysis (DSA) put together by the Washington-based organisation, which is being keenly anticipated by investors as Athens prepares for another possible bond issue.
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IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgrammeFollowing a week of meetings with the Greek authorities and relevant ministries in the context of the regular consultations under Article IV, the IMF staff issued on Friday their concluding statement of this year’s mission.
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IMF concludes Article IV consultation, prepares to publish DSA in July
EconomyProgrammeThe International Monetary Fund is due to wrap up its Article IV consultation meetings in Athens this week, but its debt sustainability analysis (DSA) will not be available for a few weeks yet.
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammeAfter lengthy discussions in Luxembourg on Thursday, the Eurogroup arrived at a decision on significant debt relief for Greece that ticks many of the boxes the government had been hoping for but which will still leave Athens with a significant exposure to the International Monetary Fund.
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Fourth review nears conclusion, clearing path for debt relief agreement
EconomyProgrammeGreek ministers and representatives of the institutions held a teleconference on Monday to discuss the state of play in the fourth review as all sides attempt to clear the decks so a comprehensive agreement, including debt relief, can be reached at Thursday’s Eurogroup.
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeExpectations for the debt relief package that may be agreed at next week’s Eurogroup are being kept low and the interventions that are due to be announced look set to fall below the bar set by the Greek government.
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Debt relief discussions continue as clock ticks down to June 21 Eurogroup
EconomyProgrammeJust one week is left until the June 21 Eurogroup and speculation is mounting about what kind of debt relief package Greece can expect when eurozone finance ministers meet in Brussels.
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammeInternational Monetary Fund managing director Christine Lagarde has vowed that her organisation will remain engaged in Greece after the end of the third programme, although it is looking almost certain that this will be in a technical capacity.