IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
Greek govt gears for final Eurogroup of 2019, hoping for better terms
Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
Athens strives to bridge fiscal gap before unveiling 2020 draft budget
IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
Fourth review talks conclude with fiscal differences remaining
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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