Finish what you started on reforms, IMF tells Greece

Greece needs to press ahead with unfinished economic reforms to cut risks to its recovery in the medium term, the International Monetary Fund said on Tuesday in its first report since the country exited its third bailout.

Under the terms of Greece's exit seven months ago the Washington-based Fund, which took part in the first two bailouts, and its eurozone lenders are continuing to monitor its compliance with economic targets they set.

The IMF expects Greece's economy to grow 2.4 percent this year and 2.2 percent in 2020 before slowing in subsequent years, it said, reiterating projections it made two months ago.

Growth will be helped by stronger consumption this year after an 11 percent hike in the minimum wage, the first such increase since the crisis began. Greece took its first bailout in 2010. But rising wage pressures and the reversal of labor reforms may...

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