IMF meeting in Washington to decide on Greek debt sustainability

27 July 2018
770 Views

After the disappointing news from the European Central Bank President, Mario Draghi, yesterday who ruled out the inclusion of Greece in the quantitative easing (QE) and the continued supply of cheap liquidity to Greek banks after August 20th, the International Monetary Fund is convening on Friday afternoon in its Washington headquarters to decide whether the Greek debt is sustainable.

The body’s Executive Board will discuss the conclusions of the Annual Report on Greece based on Article 4 of its articles, which are expected to be made public on the following Monday or Tuesday at the latest.

The final report on the Greek economy will also include the long-awaited, by both the government and markets Debt Sustainability Analysis (DSA), in which the IMF will definitively decide whether the Greek debt is viable after the Eurogroup decision on 21 June in Luxembourg.

You may be interested

Immediate US sanctions against Turkey for S-400 system
WORLD
shares32 views
WORLD
shares32 views

Immediate US sanctions against Turkey for S-400 system

makis - Dec 04, 2020

The 2021 National Defense Authorization Act (NDAA) provides for the imposition of sanctions against Turkey for the acquisition of the…

Covid-19 Greece – 1,882 new cases on Thursday
GREECE
shares44 views
GREECE
shares44 views

Covid-19 Greece – 1,882 new cases on Thursday

makis - Dec 03, 2020

The Greek authorities announced 1,882 new cases of coronavirus on Thursday, 8 of which were detected following checks at the…

Greek Shipping Minister admitted to ICU
GREECE
shares49 views
GREECE
shares49 views

Greek Shipping Minister admitted to ICU

Panos - Dec 03, 2020

The Minister of Shipping and Island Policy, Giannis Plakiotakis, was admitted for precautionary reasons to the Intensive Care Unit of…

Leave a Comment

Your email address will not be published.