Debt crisis

Greece aims for strong economic growth, tax cuts in 2020

Greece hopes higher investment and tax cuts will help power economic growth next year as the country recovers from a decade-long debt crisis.
Growth will pick up to at least 2.8 percent next year from 2 percent in 2019, according to a draft budget submitted to Parliament by the conservative government on Monday.

Greece mulls hiring Lazard to advise it on debt, says FinMin official

Greece's debt agency has proposed hiring US investment bank Lazard to advise the country on the management of its debt, a finance ministry official said on Wednesday.

Greece, which is emerging from a prolonged financial crisis, has the highest debt in the eurozone. [Reuters]

Eurozone neutral to positive toward Greek plan for early IMF repayment

Senior eurozone officials were neutral to positive this week to a plan presented by their Greek peer for Athens to repay earlier some of its costly loans from the International Monetary Fund, a senior EU official said on Friday.
Greece, cut off from the markets during the sovereign debt crisis of 2010-2015, borrowed heavily from the IMF and eurozone governments.

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