CLEAN : IMFs Thomsen says Greek debt highly unsustainable

The video discusses the EU's stance on tax policy, emphasizing the need to cut taxes on jobs rather than homes. It highlights the importance of engaging with new governments and implementing structural reforms. The Greek debt crisis is analyzed, noting its unsustainability and the necessity for debt relief and stronger reforms. The video concludes with potential strategies for debt relief, including extending grace and repayment periods.

What does the EU suggest regarding tax cuts?

• Cut taxes on homes

• Cut taxes on jobs

• Increase taxes on jobs

• Increase taxes on homes

What is the projected peak of Greek debt as a percentage of GDP?

• 200%

• 250%

• 150%

• 100%

Why is Greek debt considered unsustainable?

• Due to low GDP growth

• Because of high interest rates

• Because it exceeds 200% of GDP

• Due to lack of foreign investment

What is one of the proposed solutions for Greek debt relief?

• Reducing interest rates

• Lengthening grace and repayment periods

• Increasing taxes

• Cutting government spending

What is required from Greece as part of the debt relief process?

• Increase in foreign aid

• Stronger structural reforms

• Reduction in exports

• Increase in public spending