Programme

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Photo by TP via Flickr https://flic.kr/p/5WRaRc Brussels gives Athens thumbs-up for reforms and budget

Greece’s new government managed to successfully clear on Wednesday the first major approval hurdle in its brief tenure as the European Commission (EC) published the fourth post-programme surveillance report, concluding that Greece has taken all the necessary steps to meet its mid-2019 commitments.

Photo by Panayotis Tzamaros/Fosphotos Greek govt gears for final Eurogroup of 2019, hoping for better terms

The Greek government has set its sights on the last Eurogroup of the year, hoping that it will manage to secure from the country’s official creditors higher investment spending through the allocation of SMP and ANFA profits that are due to be released in two tranches next year, and a looser fiscal path from 2021.

Photo by MacroPolis Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets

The Greek government is hoping to get the all-clear from the European Stability Mechanism (ESM) on Monday to make a loan pre-payment to the International Monetary Fund, a move which Athens hopes will boost its chances of convincing its creditors to lower its fiscal targets for the coming years.

Photo by Panayiotis Tzamaros/Fosphotos Athens strives to bridge fiscal gap before unveiling 2020 draft budget

European Economic Affairs Commissioner Pierre Moscovici has given assurances ahead of his visit to Athens on Friday that the Greek government and the institutions will be able to bridge the fiscal gap for 2020 before the draft budget is submitted to Brussels on October 15.

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