IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap

EconomyProgramme Tags: Budget, EC, Eurogroup, GDP, IMF, Reforms
Photo via Flickr
Photo via Flickr

The International Monetary Fund (IMF) concluded its consultations with the Greek authorities in the context of its Article IV mission with a statement issued on Friday afternoon in which its staff outline the challenges that the new administration will face.

The Fund notes that although the Greek government has made a promising start in its first months in office in unblocking certain reforms, accelerating privatisations and pushing forward initiatives to clean up the balance sheets of the banks, a much str...

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