Greece debt default seen as ‘unlikely’

Debt default by an advanced economy such as Greece is 'unnecessary, undesirable and unlikely', according to a report released by the International Monetary Fund, September 2010.

EUObserver, 2.9.10: IMF: Greece, Ireland unlikely to default http://euobserver.com/9/30718

ESO: Background information: The Greek debt crisis of 2010 http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

IMF: IMF Survey, 1.9.10: Moving Public Debt onto a Sustainable Path http://www.imf.org/external/pubs/ft/survey/so/2010/POL090110A.htm

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