Programme
Greece, lenders fail to make headway on fiscal and labour issues
Despite two meetings over the weekend on fiscal and labour market issues, the Greek government and the institutions’ mission chiefs were unable to bridge their differences, creating more doubts about when an agreement may be reached.
Review talks focus on out-of-court workout, jobs scheme and energy market
The third day of discussions between the institutions’ mission chiefs and the Greek authorities included two meetings that focused on the out-of-court workout and active employment policies.
Greece and creditors dive into details of measures and counter-measures
The second day of negotiations between the Greek government and the institutions’ mission chiefs included a lengthy (4-hour) meeting on the measures and counter-measures that will be legislated now and implemented until 2020.
First day of talks highlights distance that needs to be covered
The new round of negotiations between the institutions’ mission chiefs and the Greek ministers began on Tuesday.
Institutions back in Athens to resume review, agree new measures
After a stalemate of more than 2.5 months, discussions between the Greek government and the institutions’ mission chiefs are due to resume in Athens on Tuesday.
IMF comments, blog leave no doubt credible debt relief has to be agreed soon
Almost two weeks after the publication of its Article IV consultation report on Greece, including its updated debt sustainability analysis, the IMF published on Thursday evening a blog setting out the Fund’s perspective on dealing with sovereign debt.
Greece forced to revisit prickly subject of pension spending to conclude review
The Greek government is due to resume negotiations with the institutions in Athens on Tuesday, when pension reform is expected to be one of the most prominent and sensitive issues that will be discussed.
Bill for out-of-court workout ready but may need tweaks
The Development Ministry has tabled for public consultation until March 3 the draft law on the out-of-court workout, which is one of the key deliverables of the second programme review and also relates to the non-performing loan (NPL) resolution.
Athens grapples with awkward reduction of tax-free threshold
Discussions between the institutions and Greece, which are due to resume in Athens next week, will, among other issues, focus on plans to reduce the tax-free threshold for personal incomes.
IMF examines how Greece accumulated large pile of unpaid taxes and contributions
The issue of Greece’s exceptionally high tax and social security debt is discussed in an International Monetary Fund paper published with the release of the Article IV consultation and ex-post evaluation earlier this week.