Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
HRADF outlines major privatisation plan, no timelines given
Despite speculation, post-MoU credit line seems unlikely
Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
Conclusion of third review closer as extensive bill tabled by coalition
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
Out-of-court workout bill prepared amid apparent concern from banks
The Development Ministry tabled on Tuesday to Parliament’s legislative committee the draft bill on the out-of-court workout, which is also directly linked to the resolution of non-performing loans (NPLs).
Development Ministry sources rejected HBA’s proposals, stressing that the draft bill is the result of lengthy consultations and mutual compromises with the institutions and fully addresses the problems of both creditors and indebted companies.
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