ESM report highlights programme weaknesses, outlines improvements for future bailouts
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
Piecemeal process likely in drive for more fiscal space
Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
Arrears clearance meets September target, unlocks latest tranche
The European Commission (EC) published a note for the Eurogroup Working Group on Tuesday regarding the monitoring of net arrears clearance in the July-September period.
Its positive assessment paved the way for a decision by the Board of Directors of the European Stability Mechanism (ESM) earlier today on the disbursement of 1.7 billion dedicated for arrears clearance.
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