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Europe Daily Bulletin No. 10841

7 May 2013
ECONOMY - FINANCE - BUSINESS / (ae) greece
IMF welcomes good work and calls for it to continue

Brussels, 06/05/2013 (Agence Europe) - In a report published on Monday 6 May after a fact-finding mission in Athens, the International Monetary Fund (IMF) says Greece is making exceptional progress in its budget adjustment despite “very serious and socially painfull recession. (…) However, insufficient structural reforms have meant that the adjustment has been achieved primarily through recessionary channels, with unequal distribution of the burden of adjustment”.

The report...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 60
WEEKLY SUPPLEMENT