Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
No breakthrough on debt talks at Eurogroup but June 21 goal remains
Supplemental MoU sets out path for maintaining fiscal sustainability
Growth strategy sets out reform targets, broad policies for post-MoU era
Debt relief talks enter final phase, with June 21 as target for deal
After unveiling growth plan, Athens has fourth review loose ends to tackle
Eurogroup sheds little light on how Greek review will progress
Thursday’s Eurogroup yielded little in way of tangible results for the Greek programme, apart from a clear insistence on the side of the European lenders that the International Monetary Fund should remain fully involved in the bailout.
Eurogroup chief Jeroen Dijsselbloem said after the meeting in Brussels that the IMF’s participation is “not negotiable.” He said that future eurozone bailouts may not require the IMF’s presence but that the Fund would have to continue its role in the Gr...
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