old route

the International Monetary Fund (IMF) 10, warned Greece, next year or 12600000000 euros will face financing gap, need to take additional measures to deal with. This shows that Greece may need to accept a third round of aid, and promised a more austerity and economic reform measures.

or

in the third round of aid

IMF10 report shows, Greece has been in the economic recovery has made significant progress, the filling holes in the budget target, but in the implementation of overall financial stability and sustainable growth still faces challenges, part of the realization of public debt sustainability reform behind Cheap 2012 NBA Finals Jerseys schedule.

IMF said in a report, the Greek debt levels in the future ten years will remain high, estimated the Greek public debt in gross domestic product (G DP) in the proportion of this year will Cheap Magic Jerseys reach a peak of 174%, to 2020 will gradually fall back to 128% in 2022, down to 117%.

IMF urged the Greek government to redouble their efforts to achieve market liberalization, crack down on tax evasion and accelerate the reform of public sector management, Cheap Warriors Jerseys should try to solve the bad debt problems in Greece exporters' competitiveness and help strengthen banking.

IMF also called for Greece to take additional cuts, probably in 2015 12600000000 euros in May after filling the financing gap. IMF said, sustainable risk Greece's public debt is still large, the scale of debt may still be higher than expected, EU member state necessary to reiterate the commitment to debt strategy has been reached, that is ready to provide additional aid to Greece needed.

Greece has received four years of international aid projects, two loans of about 240000000000 euros, on condition that Greece has carried out a large amount of fiscal austerity and economic reform. Two current loan is expected at the end of the year. The existing European officials said, ready to take additional measures to help Greece to reduce the debt burden. German finance minister Wolfgang · Mr Sch uble said last week, Greece is likely to need further assistance, but the amount will be limited.

The new Treasury Secretary

old route

Greece's new cabinet sworn in on June 10th, including the new Treasury Secretary · Hadow Wheelis Gekas. Hadow Wheelis this year 59 years old, has served as chief economist at a Greek private bank, is the former Prime Minister Lucas · Papa one of the season Moss adviser. Hadow Wheelis is a centre left parties, before two years had served in the Ministry of finance. The analysis thinks, although Hadow Wheelis has a lot of Cheap Bobcats Jerseys experience, but is unlikely to launch bold reforms, he may continue until the policy route.

The

at the end of 2011 and Cheap Womens NBA Jerseys early 2012 the Greek crisis, Hadow Wheelis was a key member of the Greek debt restructuring in the team. Greece was written off about 106000000000 euros of debt, conditions are still need to carry out a series of financial and economic reform.

former finance minister Ioannis &mi>