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Expert briefing
Publication date: 12 July 2023
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…

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Expert briefing
Publication date: 4 September 2017
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The coalition government of left-wing Syriza and right-wing nationalist Independent Greeks (Anel) significantly lags behind the conservative opposition New Democracy (ND) party in…

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Expert briefing
Publication date: 7 May 2015
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The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

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Expert briefing
Publication date: 10 June 2019
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Italy's budget conflict.

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Expert briefing
Publication date: 24 June 2015
Expert Briefings Powered by Oxford Analytica

After months of trying to abide by its election promises to end six years of austerity, the Syriza-led coalition government has capitulated to creditor demands and proposed 8…

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Expert briefing
Publication date: 27 May 2016
Expert Briefings Powered by Oxford Analytica

The tranche will meet debt repayments falling due until end-2016. The prospect has been held out of debt restructuring if programme commitments are fulfilled. The IMF, which has…

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Expert briefing
Publication date: 31 July 2015
Expert Briefings Powered by Oxford Analytica

However, negotiations will go ahead, notwithstanding Fund staff's recent misgivings on Greece's debt sustainability. Broader issues are whether the IMF's role as lender of last…

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