Austerity not enough to save Greece – leaked IMF documents

The most optimistic scenario shows that Greece would face an unsustainable debt in 2030 even if it agreed to the package of tax increases and spending cuts proposed by the European commission, the European Central Bank and the IMF in exchange for a five-month €15.5bn loan from its creditors.
The post Austerity not enough to save Greece – leaked IMF documents appeared first on BSNEWS.

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