For months, a haze was allowed to settle over the question of
Greek debt sustainability.
Not exact matches
They called for immediate steps to reopen banks and said any deal must address
debt sustainability - code for reducing Athens» crushing
debt - but gave no hint of concessions from the
Greek side towards its creditors» demands for deep spending cuts and far - reaching reforms of pensions and labour markets.
Three days before
Greeks were due to go to the polls to say Yes or No to a now defunct bail - out deal, the IMF released its «
debt sustainability analysis» for the country.
The draft proposal of Greece's creditors consists of two documents with the first called «Reforms for the Completion of the Current Program and Beyond» and the second document is called «Preliminary
Debt Sustainability Analysis», the
Greek government said in its proposed question.
One factor that may have incensed
Greeks to vote «No» was the revelation that an internal IMF
Debt Sustainability Analysis — which Lagarde had sought to suppress — had endorsed what Syriza's leader Alexis Tsipras has been saying all along: Greece needs a debt writed
Debt Sustainability Analysis — which Lagarde had sought to suppress — had endorsed what Syriza's leader Alexis Tsipras has been saying all along: Greece needs a
debt writed
debt writedown.
One official last year called its
Debt Sustainability Analysis, ««a joke,» a [European] commission official described it «a fairy tale to put children to sleep» and a
Greek finance ministry official said it was «scientifically ridiculous.