Eurogroup agrees on significant debt relief measures for Greece
Lenders set out post-MoU framework with aim of securing reforms
Fourth review nears conclusion, clearing path for debt relief agreement
Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
Multi-bill passed, sub-tranche released but debt relief expectations dwindling
Debt relief discussions continue as clock ticks down to June 21 Eurogroup
Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
As expected, the Eurogroup held on Monday took stock of the current state of play regarding the implementation of the Greek programme but it did not reach any decision on the disbursement of the next sub-tranche of 2 billion euros.
Such a development will unlock the 2-billion-euro sub-tranche as well as the transfer to the Hellenic Financial Stability Fund (HFSF) of the 10 billion for bank recapitalisation that were released to an ESM segregated account in August.
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