IMF voices concerns over long-term debt, sees more relief being needed

EconomyProgramme Tags: Debt, Eurogroup, IMF, Reforms
Photo by Andrea Bonetti/Fosphotos
Photo by Andrea Bonetti/Fosphotos

In the report of the Article IV consultation with Greece, the International Monterary Fund (IMF) updated its Debt Sustainability Analysis (DSA) to incorporate the debt relief measures that were agreed by the Eurogroup in June.

The Fund reiterates its long-held view that the agreement to extend the maturities of Greeceā€™s EFSF loans by 10 years (which brings the average maturity to 42.5 years), the additional disbursement that created a cash buffer of 24 billion euros and the r...

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