Lenders still aiming for completion of fourth review in May
After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
Debt, fiscal path still divide lenders ahead of Washington Group meeting
Ahead of IMF Spring Meetings, questions remain about conclusion of programme
Athens presents growth plan outline as lenders continue to differ on debt relief
Prior actions and crucial meetings dominate agenda for rest of month
Early banks stress tests offered as Greek programme compromise
It appears that European lenders are trying to remove one of the potential stumbling blocks to Greece’s programme, which was the dispute over whether Greek banks need another round of asset quality reviews (AQRs) or not.
The International Monetary Fund has insisted that these tests are needed before Greece exits its programme next August to ensure that the banks do not need another round of recapitalisation.
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