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Europe Daily Bulletin No. 11489

13 February 2016
ECONOMY - FINANCE - BUSINESS / (ae) greece
IMF wants to see a credible plan to cut Greece's budget trajectory

Brussels, 12/02/2016 (Agence Europe) - Poul Thomsen, head of the IMF's Europe department, said on an IMF blog on Friday 12 February: “We have yet to see a credible plan for how Greece will reach the very ambitious medium-term surplus target that is key to the government's plans for restoring debt sustainability. This emphasis on credibility is crucial for generating the investor confidence that is critical to Greece's revival. A plan built on over-optimistic assumptions will soon cause...

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