IMF: Greece's Debts are Still Unsustainable, Despite Progress 1 234 567

IMF: Greece's Debts are Still Unsustainable, Despite Progress

voanews.com

Greece, which has been struggling for years with high debts and painful rates of unemployment, is making progress toward reducing its massive budget problems and restoring economic growth, the International Monetary Fund said Monday.
 
But the IMF said the country's debts remain “unsustainable” over the long term.
 
The IMF predicts Greece's economy will reach long-run growth of just under 1 percent a year, unimpressive but an improvement on years when the economy was...

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