Athens prepares final 2019 budget after green light to ditch pension cuts
Athens and lenders search for budget compromise by Thursday's EWG
Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
Athens aims for November agreement with lenders on pension cuts
Eurozone sets out proposals for staggered debt relief for Greece
The Greek government was encouraged by the public references to debt relief following Monday’s Eurogroup in Brussels, although it was made clear that no real steps should be expected before the next gathering of eurozone finance ministers on May 24 and that any interventions would be spread over time.
Eurogroup chief Jeroen Dijsselbloem stressed that the eurozone will adopt a three-stage approach to Greek debt: Short-term, medium-term and long-term. Any measures adopted will seek to put the debt back on a sustainable path over these distinct timeframes.
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