FinMin, BoG gov. respond to ‘pessimistic’ IMF forecasts for Greece
Two of Greece’s top economic policy-makers, Finance Minister Euclid Tsakalotos and Bank of Greece (BoG) Governor Yannis Stournaras, this week expressed disagreements with findings cited in the IMF’s released report on the Greek economy and debt.
Both men also criticized the Fund’s “past mistakes”, as they said, regarding the Greek program.
Stournaras, a former finance minister in the pre-SYRIZA coalition governments, conveyed his objections, in fact, to the IMF via a letter.
The Greek central banker charges that the IMF is under-estimating the progress recorded by the Greek economy and is “excessively pessimistic” with its macro-economic and fiscal forecasts.
Stournaras also takes the Fund to task over its forecast that Greek banks will need another 10 billion euros in recapitalization.
You may be interested
Brutal murder of British mother, 20, in front of her baby in Attica has left Greece in shockmakis - May 11, 2021
Greek society is in shock, as more details are emerging of the brutal murder of a British mother, 20, in…
First TUI flights depart for Greece and Cyprus from SwedenPanos - May 11, 2021
TUI‘s first flight from Sweden to Mediterranean destinations departed this morning. According to data, the Greek islands and Cyprus are…
Ambassador Pyatt at Delphi Forum: Biden wants Greek-US relations to level upPanos - May 11, 2021
The US Ambassador to Athens, Geoffrey R. Pyatt, spoke with journalist Marianna Kakaounaki in the framework of the 6th Delphi…