Economics
Greece Hits Back Against IMF as Bond Market Remains Spooked
- Finance Minister says assessment not based on recent evidence
- Fund says debt burden could become explosive after 2030
Greece’s Prime Minister Tsipras Grapples With Austerity
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Greece pushed back against the International Monetary Fund’s view that the government’s economic reforms are heading off track.
In official responses, published with an IMF report on Greece late Tuesday, Finance Minister Euclid Tsakalotos said the fund’s assessment was not based on recent evidence, while Bank of Greece governor Yannis Stournaras said it downplayed progress on the financial sector and was unduly pessimistic.