Author (Person) | Hope, Kerin |
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Series Title | Financial Times |
Series Details | 19.7.10 |
Publication Date | 19/07/2010 |
Content Type | News |
Greece has won praise from the International Monetary Fund in July 2001 for making a 'strong start' to implementing a three-year programme of fiscal and structural reforms aimed at overcoming its debt crisis. But experts from the fund warned that analysts are still sceptical about whether the country can avoid a sovereign debt restructuring during this period – an event that could threaten the stability of the eurozone. A report from the IMF, said, 'Greece’s weak reputation is presenting credibility costs that can only be overcome by strong and full implementation (of the programme)'. |
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Countries / Regions | Greece |