IMF meeting on Monday is critical for Greece
The meeting of the IMF executive council on Monday (06/02/2017) is critical for the Greek programme.
The council will discuss the report on the Greek economy that has been approved by Poul Thomsen, Director of the IMF’s European Department.
The report includes the updated analysis on the sustainability of the Greek debt that confirms its non-sustainability despite the short-term measures decided in December. It is also noted that the debt will remain non-sustainable even if Greece implements all those agreed as part of the ESM programme.
“We are at a crucial point that things have to clear out,” Alternate Economy and Development MinisterAlexis Charitsis said in an interview with Epochi newspaper.
You may be interested
How Productive is an Hour of Work (where is Greece)? (infographic)Panos - Jun 17, 2021
Figures from the OECD reveal the countries in which the average hour of work contributes the most to GDP. As…
Biden’s blunder as he confuses Putin with Trump (video)Panos - Jun 17, 2021
The American president Joe Biden’s blunder after the meeting with his Russian counterpart, Vladimir Putin, in Geneva has gone viral. It…
How the Hellenic Navy tricked a Turkish corvette trying to stop a live fire exercise (photos)Panos - Jun 17, 2021
The Turkish corvette Baykoz, which had departed from the Aksaz Turkish Navy Base opposite of Rhodes and was sailing west…