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Another crisis chapter closes, triggering final round of debt relief measures -
Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060 -
Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead -
Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance -
Latest EC review clears path towards end of enhanced surveillance process in 2022 -
Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
What does a bailout exit with a precautionary credit line mean for Greece?
Eurogroup President Jeroen Dijsselbloem announced after the November 6 Eurogroup that “there is a strong support for a precautionary credit line in a form of Enhanced Conditions Credit Line (ECCL).” But what does this mean for Greece?
This is quite different from the hybrid credit line proposed by the Greek Finance Minister Gikas Hardouvelis, which would consist of a new credit line to be established specifically for Greece with the untapped 11.5 billion euros of untapped bank recapi...
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