EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
Athens waits for response from institutions on primary residences proposal
Government and banks reach deal over new scheme to protect main homes
Athens prepares new primary residences proposal after finding common ground with banks
Banks and government inching towards new framework to protect primary homes
Primary residences and lignite units top agenda ahead of Eurogroup
IMF approves programme "in principle," repeats position on debt and reforms
In the early hours of Friday morning in Greece, the International Monetary Fund’s executive board approved “in principle” at a meeting in Washington a precautionary Stand-By-Arrangement (SBA) for Greece of approximately 1.6 billion euros.
The decision will become effective after the Fund will receive credible assurances from Greece’s eurozone partners that will ensure the country’s debt sustainability and Greece continues the uninterrupted programme implementation.
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