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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammeand cross-countries based on prior fiscal adjustments data. In the 70 years following the post-war... deficit of 2 percent immediately following the euro ascension. Cross-country evidence in the post-war... that have had an employment rate of more than 20 percent in the post-war era. High unemployment
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Greece issues 7-year bond, moves closer to wrapping up third review
EconomyProgrammebillion euros for the post-programme period. This is expected to be roughly equally split between... that will provide further relief if growth fails to meet expectations, and the post-programme framework... programme. That is why it is promoting its own post-MoU plan, with measures focused on growth
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Newsletter 154 -9/03/2018
, this means the European lenders can focus on settling the debt relief and post-MoU framework issues... in the coming weeks and the complex issues of debt relief and the post-programme framework that need... restructuring measures and the post-MoU framework into the autumn. GDP grows by 1.4 pct in 2017 January general
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The gruelling final straight of Greece's bailout
Agoralater that month. This would open up the path for the political decisions on debt relief and the post... will be subject to the normal EU post-programme monitoring, which will also take place under the ESM early... in the future. “If Greece requires additional debt relief measures, the post- programme surveillance may
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Tsakalotos sees timely conclusion to fourth review despite growing doubts
EconomyProgrammeon debt will be secured, we will agree the rules on [post-MoU] surveillance and the growth plan... and the subsequent agreements on debt relief and post-bailout monitoring. In fact, comments made... during the discussions on the post-programme framework that future primary surplus targets should
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Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts
EconomyProgramme. “All in good time. Let’s conclude the fourth review, the type of (post-programme) surveillance... that after that, the aim is to reach an agreement on debt relief and post-MoU surveillance... prior actions would not be completed on time and would be included in the post-programme commitments
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammepost-program fiscal trajectory but it also means long term backed debt measures. For example... as a technical adviser in the post-programme era. “We are considering all the options,” Lagarde said... on the post-MoU fiscal trajectory is another loose end that needs to be wrapped up in the coming days
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About last night
Agorawill be fully funded until the summer of 2020. Post-programme surveillance It would be naïve to expect... sustainability The view of the IMF as expressed by managing director Christine Lagarde at the post... programme activated and the Fund will stay as a technical advisor in the post-programme period
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IMF concludes Article IV consultation, prepares to publish DSA in July
EconomyProgramme100 percent of GDP by 2060. Post-MoU monitoring Regarding the IMF’s role in the surveillance... here at the IMF our post-programme monitoring where we look at the outcomes and the implementation... countries around the world, this post program monitoring is a very normal process for the IMF,” said Rice
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Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
EconomyMacroeconomypercent of GDP. Adjusting for the methodology of the enhanced post programme surveillance, the primary..., the primary surplus is seen at 8.42 billion euros. After the adjustments for the post-MoU surveillance... billion euros. Adjusted for the post-programme surveillance methodology will reach 6.78 billion
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