Programme
European Commission keeps DSA broadly same, stresses need for relief
The Compliance Report issued by the European Commission following the formal conclusion of the third review at Monday’s Eurogroup includes the updated Debt Sustainability Analysis (DSA) put together by the European institutions.
Lenders set ambitious e-auction targets for Athens
Greece’s lenders have made it clear that they will keep a close eye on the unhindered conduct of auctions throughout Greece by attaching it as a condition for the second disbursement from the 6.7 billion tranche that was approved at yesterday’s Eurogroup.
Eurogroup sets up completion of third review, plans for programme's end
The Eurogroup reached on Monday what its new president, Portugal’s Mario Centeno, called a “political agreement” regarding the conclusion of Greece’s third review and the next loan disbursements for Athens.
Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
Monday’s Eurogroup is expected to confirm that the third review has been completed and that Athens will be able to receive its next tranche of bailout funding once a few remaining prior actions are settled.
HRADF outlines major privatisation plan, no timelines given
The Hellenic Republic Asset Development Fund (HRADF) this week released an outline for the completion of several major privatisations, though no deadlines or timelines were specified.
Despite speculation, post-MoU credit line seems unlikely
A meeting between officials from the European Central Bank, the Bundesbank, Bank of Greece and executives representing Greek lenders in Frankfurt on Monday has sparked speculation that Athens may opt for a precautionary credit line to support its exit from the programme in the summer.
Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
Members of the Eurogroup Working Group (EWG) are due to meet again next week, after Greece has completed its prior actions, to finalise their recommendation to eurozone finance ministers.
Conclusion of third review closer as extensive bill tabled by coalition
The Greek government moved a step closer to completing the third review yesterday, when it submitted to Parliament the vast multi-bill that will take care of around 50 of nearly 60 remaining prior actions.
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
Prime Minister Alexis Tsipras is due to chair a cabinet meeting on Monday, which is seen as the last step before the government submits to Parliament the multi-bill designed to wrap up most of the remaining 70-odd prior actions of the third review.
Multi-bill on way as Athens aims to complete third review by Jan 22
The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away.