The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Tuesday, January 31, 2017

The IMF believes that Greece debt is "explosive" and "highly unsustainable," reaching 275% of GDP by 2060 unless the country's loans are significantly restructured. The assessment, prepared ahead of an IMF board meeting on Feb 6, is significantly more pessimistic than that of Greece's eurozone creditors and underscores the difficulty of the fund moving ahead with a bailout.

No comments:

Post a Comment