Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
Updated privatisation plan seeks to make up for ground lost in 2020
Covid recession bumped pension spending to 18 pct of GDP in 2020
Greece draws another 3 bln from bond markets as debt strategy continues at pace
S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
The International Monetary Fund completed the latest round of discussions with the Greek authorities, in the context of the Article IV consultations, and the staff remarks were released on Wednesday.
Overall, the IMF’s view has not substantially changed on Greece after more than one year of the pandemic, with the only significant deviation from previous views being the uncertainty over the sustainability of Greece’s debt in the long-term.
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