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Stournaras urges debt relief so Greece can regain market access in 2018

Greece needs debt relief because it will not regain access to markets in 2018 unless its public debt is considered sustainable, Bank of Greece governor Yannis Stournaras said on Monday, addressing the annual conference of the Greek Tourism Confederation. Greece should achieve growth rates of 2.7 pct of GDP in 2017, provided the second review of the Greek programme was concluded swiftly.

  • Published in Greece

IMF calls for more reforms and more decisive debt relief measures

During “The Economist” conference yesterday, the IMF representative criticized once again the mix of measures of the current program as well as the lack of substantial debt relief measures, reiterating the Fund’s view that the targets of the program are unlikely to be achieved.

  • Published in Greece
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