IMF releases latest country report on Greece

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Following the decision by the International Monetary Fund (IMF) to provide Greece with €28 billion ($37.1 billion) in further capital, the IMF has released its latest report into the country's economy.

The report acknowledges that the schedule that the IMF has set for Greece to reduce its deficit is ambitious, but highlights a number of areas in which the country has improved its position since IMF intervention began.

The IMF researchers found that Greek banks have lost close to 30% of their

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