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
Lenders set out key review issues as Athens tables proposals for fiscal space
IMF sets out its stall as review deliberations resume in Athens
Following the statements made during a regular press briefing by the IMF spokesman Gerry Rice last Thursday ahead of the resumption of discussions between the institutions’ mission chiefs in Athens, the IMF sent a very strong message regarding the Greek programme on Monday evening.
The second involves the pension system, which costs the budget around 11 percent of GDP versus the euro area average of only 2.25 percent. In particular, the Fund notes that the recent pension reform reduces this cost by just 1 percent of GDP, which is ...
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