Greek debt reduction in absolute numbers begins
In terms of GDP, in fact, the decline will be very large as the rate is 181,1% from its historical high of 2018 and is expected to fall to 173,3% in 2019
European Commission on Tsipra’s benefits: The cost will be over 1% of GDP
The additional benefits for 2020 will have a fiscal impact of 1.2 billion or 0.6% of GDP
IMF’s shocking admission: We delayed restructuring of Greek debt to save Euro Banks
The report made no mention of anyone being held accountable