Athens prepares final 2019 budget after green light to ditch pension cuts
Athens and lenders search for budget compromise by Thursday's EWG
Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
Athens aims for November agreement with lenders on pension cuts
Athens eyes ample cash buffer, prepares for bond swap
Speaking to a parliamentary committee on Wednesday, Alternate Finance Minister Giorgos Houliarakis highlighted the government’s plans for creating an ample cash buffer before it exits the third programme next summer.
The creation of this reserve was one of the points agreed at the June 15 Eurogroup earlier this year and gives Athens a chance of leaving the bailout without the need for a new loan package or a precautionary credit line.
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