Lenders set out 49 milestones for Greece to meet before next bailout tranche

EconomyProgramme Tags: Banking, Energy, Pensions, PPC, Privatisations

The Eurogroup Working Group (EWG) decided on Friday a long list of 49 milestones that Greece will have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion euros.

The target is for the bank recapitalisation, including private sector participation, to be successfully completed by December, before the deposit bail-in becomes effective from the beginning of 2016.

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