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IMF Gives Downbeat View of Greek Economy at End of Bailout Era

The International Monetary Fund gave a glum assessment of Greece’s prospects, weeks before the country embarks on life outside the bailout programs that have dominated public life for the last eight years.

  • Marcus Bensasson
  • Bloomberg

While commending the Greek government for eliminating the fiscal and current account imbalances and restoring growth, the Washington-based lender said “risks are tilted to the downside.”

Orak 2bThe country’s banks could need more capital, and some of the IMF directors questioned the long-term sustainability of Greece’s public debt and the realism of budget and growth projections, according to the…

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