First review completed but more prior actions lie ahead for Greece

EconomyProgramme Tags: Energy, PPC, Privatisations

Following the agreement reached at the Eurogroup Working Group (EWG) on Thursday, parts of the supplemental memorandum of understanding (MoU) were revealed over the weekend. They largely related to the next prior actions, fiscal targets, privatisation targets and arrears’ clearance.

The government has reportedly committed to 15 prior actions that have to be implemented by the end of October for Greece to receive the next sub-tranche of 2.8 billion euros from the second tranche of 10.3 billion. If prior actions are not implemented o...

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