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Current Greece finance plans not realistic: IMF

AFP The International Monetary Fund said that the fiscal projections underpinning Greece’s proposals for moving ahead in its bailout programme are not realistic. Poul Thomsen, director of the IMF’s European Department, raised questions about the forecast that Greece could maintain a 3.5 percent budget surplus for years as part of its plan for debt relief from European Union creditors. “We ...

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Pound strategists focused on Brexit shrug off economic optimism

  Bloomberg There’s a slew of data out of the U.K. next week, some of it likely to show the economy is in good shape. Yet still currency strategists remain preoccupied with the European Union referendum in June and the potential for further losses in the pound. Data due April 20 will show U.K. unemployment remained at a decade-low of ...

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A year after bonds’ peak, traders await ECB guidance

  Bloomberg One year on from the peak in the region’s government bond market, investors will be watching the European Central Bank for signs that this week’s selloff isn’t about to turn into a rout. Benchmark German 10-year bunds slid for the first time in five weeks as France led a wave of supply by selling debt via banks, including ...

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