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.”
The 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…