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  • Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/] IMF consultation report pinpoints health of Greek banks as central to growth

    EconomyBanking

    In the Article IV consultation report that was published on Friday, the International Monetary Fund (IMF) took a detailed look into Greece’s banking sector, as the Fund has repeatedly stated that restoring Greek banks back to health is a prerequisite for the country to attract investment and achieve higher growth rates, while it remains an area of fiscal and wider financial stability risks.

  • Photo by Panayotis Tzamaros/Fosphotos Greek govt gears for final Eurogroup of 2019, hoping for better terms

    EconomyProgramme

    The Greek government has set its sights on the last Eurogroup of the year, hoping that it will manage to secure from the country’s official creditors higher investment spending through the allocation of SMP and ANFA profits that are due to be released in two tranches next year, and a looser fiscal path from 2021.

  • Photo by MacroPolis Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets

    EconomyProgramme

    The Greek government is hoping to get the all-clear from the European Stability Mechanism (ESM) on Monday to make a loan pre-payment to the International Monetary Fund, a move which Athens hopes will boost its chances of convincing its creditors to lower its fiscal targets for the coming years.

  • Finance Ministry Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts

    EconomyMacroeconomy

    The government submitted to the European Commission on Tuesday the draft 2020 budget after negotiations over the fiscal gap reportedly concluded successfully but, at the same time, the International Monetary Fund issued an indirect warning that Greece’s growth prospects for the coming years will be weaker than expected.

Results 11 to 20 out of 229.