Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
No breakthrough on debt talks at Eurogroup but June 21 goal remains
Supplemental MoU sets out path for maintaining fiscal sustainability
Growth strategy sets out reform targets, broad policies for post-MoU era
Debt relief talks enter final phase, with June 21 as target for deal
After unveiling growth plan, Athens has fourth review loose ends to tackle
Deal seen on energy liberalisation as third review SLA edges closer
Just a few days are left before the institutions return to Athens in search of Staff-Level Agreement (SLA) before the December 4 Eurogroup and it appears that one of the big-ticket items in the third review has been settled.
The Greek government and the European Commission have been in negotiations for several weeks over the liberalisation of the energy market, and particularly the divestment of 40 percent of the Public Power Corporation’s (PPC) lignite-powered units. In di...
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