Second post-MoU review set to begin as Athens eyes return to bond markets
Lenders put spotlight back on pending reforms ahead of second post-MoU review
Fresh reminder about pending reforms for Athens, which remains confident on goals
Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
European Commission approves 2019 budget, urges focus to meet end of year reform goals
Review delay brings Greek liquidity needs back into focus
Apart from creating increasing risks to the strong economic recovery anticipated in 2017, the delay in the conclusion of the second programme review also brought to the forefront the issue of Greece’s liquidity needs to cover its debt redemptions.
The country’s financing needs in 2017 (excluding T-Bills, which have regularly been rolled over during the last two years) amount to 10.52 billion euros. Of this, 5.49 billion relates to redemptions of Greek government bonds (GGBs) held by the ECB and t...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.