Athens readies labour legislation, but not to cross off prior actions
Coalition faces demanding September on reform, fiscal and economic fronts
Macron visit gives Tsipras chance to build ties, refocus
Fires latest obstacle to coalition's momentum-building efforts
Relief for coalition as wildfire threat subsides
SYRIZA tests PASOK waters with talk of possible alliance
Greek coalition left with bailout exit conditions it wanted to avoid
Eurozone finance ministers have agreed that Greece should be given a precautionary credit line when the European part of its bailout is completed at the end of the year but the new agreement will entail new conditionality, a role for the International Monetary Fund and debt relief talks being put at the back burner – all factors that the coalition wanted to avoid for domestic reasons.
Eurogroup chief Jeroen Dijsselbloem confirmed on Thursday night that there was an agreement that Greece should proceed with a European Stability Mechanism (ESM) tool called Enhanced Conditions Credit Line (ECCL).
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