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...