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1 – 9 of 9The 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…
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…
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DOI: 10.1108/OXAN-DB237925
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB216610
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB200682
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB216022
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB205763
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB238425
ISSN: 2633-304X
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The impeachment process will now be sent to the Senate. If a majority of the 81 senators accept its continuation, Rousseff will be suspended initially for 180 days while the…
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DOI: 10.1108/OXAN-DB210579
ISSN: 2633-304X
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Fiscal policy is one of the government's key challenges, both in terms of popular support and coalition unity. There are serious doubts over whether the coalition will be able to…