EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus

EconomyProgramme Tags: IMF, NPLs, Pensions, PPC, Reforms, Revenues, Taxes

Two separate draft documents for the conclusion of the ongoing review were published over the weekend in the Greek media that demonstrate broad convergence in the overall conditionality between the eurozone institutions and the International Monetary Fund on the key policy measures and actions.

The drafts also highlight a major gap in the effectiveness of the policy mix to reach the goal of 3.5 percent of GDP by 2018.

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