IMF-GREECE

 IMF’s Article IV report for Greek economy (including an updated debt sustainability analysis) will say that further debt relief measures will be required in order to secure Greece’s access to capital markets in the long-term due to the very ambitious targets set for GDP growth rate and primary surplus. In this framework, Europeans’ commitment that they will take all necessary measures for debt after 2032, if needed, is crucial for IMF’s decision to participate in the post-bailout monitoring mechanism. The report will also focus on structural reforms, while it is expected to provide an opinion on the status of the banking system.

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