IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
ESM report highlights programme weaknesses, outlines improvements for future bailouts
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
Piecemeal process likely in drive for more fiscal space
IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
The International Monetary Fund has officially indicated that although it believes Greece should implement the pension cuts it has agreed for next year, it will leave it up to Athens and its European lenders to come to an arrangement over the 2019 budget.
The Fund has gradually taken a backseat role in the negotiations over the budget and it is believed that when Finance Minister Euclid Tsakalotos and IMF managing director Christine Lagarde met in Bali last month, the Greek official was given assurances ...
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