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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
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Lenders acknowledge reforms, flag up tricky fiscal path ahead
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![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-small.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
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ESM report highlights programme weaknesses, outlines improvements for future bailouts
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Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Athens prepares for bond issue, eurozone works on growth/debt mechanism
An imminent bond issue by the Greek government is set to attract the immediate attention of local and international observers but discussions are continuing in the background regarding the method of the country’s exit from the third programme and what will follow.
An unnamed government official told Reuters on Monday that Athens plans to issue a 7-year bond in the next two weeks with the aim of raising 3 billion euros from investors. It is believed that the Public Debt Management Agency (PDMA) is targeting a yiel...
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