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IMF highlights bailout shortcomings in latest admission of programme errors
A new internal evaluation document published by the International Monetary Fund on Monday can be added to the existing material that has been released by the IMF on Greece outlining what a formidable task the country faced in 2010 when it signed the first programme with the eurozone and the Washington-based organisation.
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Athens warned about missing fiscal targets rather than changing them unilaterally
Thursday’s Eurogroup resulted in a warning from European Stability Mechanism managing director Klaus Regling that Greece may miss its primary surplus target this year as a result of the so-called positive measures adopted.
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Lenders highlight risks of 'short-term popular' measures unveiled by government
There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus for pensioners.
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Debt relief measures move ahead as Athens prepares to use fiscal space
Greece has received the green light for the latest round of debt relief measures and is set to move ahead with plans to repay part of the loans it has received from the International Monetary Fund early.
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SYRIZA seeks to bolster post-MoU narrative with early IMF repayment
The talks Finance Minister Euclid Tsakalotos held with International Monetary Fund officials at the sidelines of the spring meetings in Washington over the past few days appear to have paved the way for Greece to make an early repayment to the IMF, a move that the government wants to include in its pre-election agenda.
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IMF sees Greece on course to meet fiscal targets and reduce debt
Following the publication of its macroeconomic forecasts for Greece as part of the World Economic Outlook (WEO) release cycle, the International Monetary Fund (IMF) released on Wednesday its latest projections for public finances in the Fiscal Monitor.
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
The International Monetary Fund (IMF) published on Tuesday its latest edition of the World Economic Outlook (WEO) ahead of the Spring Meetings that take place in Washington this week, leaving its projections for Greece’s key macro data unchanged from the first post-monitoring report issued in mid-March.
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Athens gearing up for new bond issue amid favourable market conditions
Greek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some of Greece’s debt to the International Monetary Fund before it matures.
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Early IMF repayment next goal for Athens after concluding second post-MoU review
The Greek government is aiming to come to an arrangement with its lenders in the coming days so that it can pay off early at least some of the 10 billion euros it owes to the International Monetary Fund.
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Lenders deem second post-MoU review over, Athens waits for debt relief
The European Commission issued on Wednesday the update to its second post-programme surveillance report which should pave the way for the Eurogroup on Friday to approve the release of close to one billion euros in debt relief.