Athens taking more time to consider 2019 measures ahead of budget talks
ESM releases final tranche of third bailout, boosting cash buffer ahead of exit
Last bailout tranche just days away as pension discussion looms
IMF voices concerns over long-term debt, sees more relief being needed
IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
Exclusion from QE confirmed, only ECB's reinvestment programme left
EC upbeat on reforms paying off, as long as they continue
In a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve its four main objectives.
The Commission takes an overall positive view on the developments so far but warns that efforts will need to continue as the nascent recovery is fragile and dependent on positive programme progress and eventual successful completion.
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