Greek Economy Trouble Worse–IMF
An IMF report, which has been quietly circulated among European leaders, shows the southern European nations financials are worse off than believe. High unemployment, a shrinking tax base, and perhaps the early effects of austerity have taken their toll The…
An IMF report, which has been quietly circulated among European leaders, shows the southern European nations financials are worse off than believe. High unemployment, a shrinking tax base, and perhaps the early effects of austerity have taken their toll
Even as Greece tries to convince creditors that its debt-reduction efforts are on track, gloomy new International Monetary Fund forecasts about its long-term economy are threatening to derail talks meant to secure the nation’s next big installment of bailout funds.
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