IMF Says Greece Debt 'Explosive' In Long Term

Greece's government debt remains "highly unsustainable," and will be "explosive" in the longer
run, requiring a more credible debt relief plan from Europe, the International Monetary Fund said in a report.

Addressing the debt burden of the beleaguered nation will require "significant debt relief" from European institutions, the IMF said in its annual report on the Greek economy, which includes a debt sustainability analysis.The IMF board is due to discuss the report February 6.
 

Greece's government debt remains "highly unsustainable," and will be "explosive" in the longer
run, requiring a more credible debt relief plan from Europe, the International Monetary Fund said in a report.

Addressing the debt burden of the beleaguered nation will require "significant debt relief" from European institutions, the IMF said in its annual report on the Greek economy, which includes a debt sustainability analysis.The IMF board is due to discuss the report February 6.
 

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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