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"With this new repayment, the optimal utilization of the cash resources of the Greek State is further and immediately achieved"

It probably wouldn't mean much, if the President of the International Court of Justice in the Hague wasn't the Somali Judge Abdulqawi A. Yusuf

There will be a +1% drop in the jobless rate in 2021

The body says the primary deficit will be 5.1%, instead of a 3.5% GDP surplus

The IMF report says their will be a 22% explosion in the jobless rate

The Fed did not immediately comment

"The bleak outlook applies to advanced and developing economies alike"

Erdogan’s stimulus package -called the “economic stability shield”- has failed to satisfy the business community and workers alike

The report is expected to focus on the mountain of non-performing loans (NPLs) sitting on the books of Greek banks

...but must be ready then to repay the same amount of loans it took from the Eurozone fund