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IMF Greece

IMF’s Key Findings and Recommendations for Greece

Greece’s economy is expected to expand by 2.5% this year due to strong domestic demand, investments and EU funds, the International Monetary Fund (IMF) said on Tuesday. Growth will slow down to 2.0% next year, the fund said in staff...

IMF Sees Fiscal Gap for Greece, Pension Cuts Might Come Sooner

The International Monetary Fund foresees a fiscal gap of 2.3 billion euros in the 2018 budget, which might mean that the pension cuts scheduled for January 1st, 2019 will be implemented earlier. Greek finance ministry sources downplay the IMF forecast...

IMF Review Foresees Lower Primary Surplus for Greece in 2017 & 2018

More bad news for the government: In its biannual report on the world economy, the IMF reiterates its view that the Greek economy will have lower primary fiscal surplus than the agreed upon target, for both this and next...

Christine Lagarde Sends Letter to Greek PM over Wikileaks IMF "Disaster"

IMF managing director Christine Lagarde sent a letter to Greek PM Alexis Tsipras regarding an IMF staff conversation that was leaked and described that IMF is will not participate in the Greek programme because it has fears for bankruptcy...

9 Things to Know about Greece’s IMF Debt Default

By André Broome, University of Warwick Greece missed the deadline on its €1.6 billion loan repayment due to the IMF June 30, becoming the first advanced economy to default to the fund in its 71-year history. Here are nine essential things to know...