Latest EC review clears path towards end of enhanced surveillance process in 2022
Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
In 9th post-bailout review, EC sees reforms slowing due to pandemic
Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
Lenders acknowledge reforms, flag up tricky fiscal path ahead
IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
The International Monetary Fund (IMF) issued on Friday its latest Article IV consultation report for Greece and its assessment of the condition and prospects of the Greek economy.
Combined with the Fund’s policy recommendations, the report should not have caused surprise to the Greek authorities or the country’s official lenders as they reflect the longstanding views of the IMF.
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