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Deteriorating external environment is main Greek risk

Location:

GREECE

ND development plan.

All sides set conditions for Greek debt breakthrough

Location:

GREECE

The IMF insists that Greece’s debt must be made sustainable before it will again participate in programme financing. Yet IMF participation is required if the bailout plan is to…

Greece’s political and economic prospects are fragile

Location:

GREECE

Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…

Greek coalition will play politics at debt talks

Location:

GREECE

The government, with half an eye on a snap election, is determined not to accede to prolonged austerity without the trade-off of significant debt relief. Timing is all. The…

Puerto Rican debt restructuring will see legal hurdles

Location:

PUERTO RICO

The same day saw the release of a report, authored by former IMF economists, outlining a programme of structural reform and sweeping debt restructuring. Puerto Rico has seen its…

Third Greek bailout may founder without compromise

Location:

GREECE

Prime Minister Alexis Tsipras has reshuffled his cabinet to include ministers more accommodating to creditor demands. He is intent on concluding the second review rapidly in…

Politicking could bring yet another Greek election

Location:

GREECE

The left-right coalition that governed in January-August has been reconstituted with a reduced parliamentary majority. It is ostensibly committed to the reform programme…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

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…

Greek coalition may fall before policy shift unfolds

Location:

GREECE

The talks will focus on fiscal performance ahead of drafting the 2019 budget, in the light of a major policy speech by Prime Minister Alexis Tsipras in Thessaloniki in which he…

Costa Rica’s pension system faces crisis

Location:

COSTA RICA

Pension pressures in Costa Rica.