login
login

Europe Daily Bulletin No. 11714

31 January 2017
Contents Publication in full By article 11 / 26
ECONOMY - FINANCE - BUSINESS / greece
European institutions not alarmed over future level of Greek debt
Brussels, 30/01/2017 (Agence Europe)

The European Commission and the European Stability Mechanism (ESM), the permanent bailout fund of the Eurozone, see no reason for an "alarmist" assessment of the viability of the Greek debt, the two institutions said after an internal IMF document was leaked.

In this document, the International Monetary Fund predicts that the Greek debt could mushroom to 275% of GDP by 2060. By 2020, the Washington-based institution forecasts Greek debt to stand at 170% of GDP, dropping to 164% two years...

Contents

EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
NEWS BRIEFS
CORRIGENDUM
EUROPEAN LIBRARY