United States Department of the Treasury August 18, 2017
Copyright: https://www.treasury.gov/ - Publication date: (www.rieas.gr) on 10 September 2017
Introduction
This report provides an assessment of the likelihood that a precautionary International Monetary Fund (IMF) loan to Greece, approved in principle in July 2017, will be repaid in full. For the program to become effective – and thus for any potential disbursement of IMF financing to occur – the IMF Executive Board must take a second decision confirming that Greece remains on track with policy reforms under the program, and that there are credible and specific commitments from Greece’s European partners to provide requisite debt relief so that public debt becomes sustainable under the IMF’s analysis. Read more