Greece : Preliminary Draft Debt Sustainability Analysis

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

July 2, 2015

Electronic Access:

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Summary:

This paper analyzes the debt sustainability in Greece. At the last review in May 2014, Greece’s public debt was assessed to be getting back on a path toward sustainability, though it remained highly vulnerable to shocks. By late summer 2014, with interest rates having declined further, it appeared that no further debt relief would have been needed under the November 2012 framework, if the program were to have been implemented as agreed. But significant changes in policies since then are leading to substantial new financing needs. To ensure that debt is sustainable with high probability, Greek policies will need to come back on track.

Series:

Country Report No. 15/165

Subject:

Notes:

Nine Key Questions on Greece
Read the the Update Debt Sustainability Analysis (DSA) -- July 14, 2015.

English

Publication Date:

July 2, 2015

ISBN/ISSN:

9781513512358/1934-7685

Stock No:

1GRCEA2015001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

24

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