Lenders set out post-MoU framework with aim of securing reforms
Fourth review nears conclusion, clearing path for debt relief agreement
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
Debt relief discussions continue as clock ticks down to June 21 Eurogroup
Despite debt deal likely falling short, IMF to retain a role in Greece
Eurogroup paves way for completion of third review, talks on debt relief
Monday’s Eurogroup rubber stamped the staff-level agreement reached between Greece and the institutions in Athens, paving the way for the Greek government to complete the remaining prior actions so the disbursement of the next tranche can be made and talks on debt relief can follow.
“The next steps will now be for the Greek government to implement the prior actions that have been agreed,” said the outgoing Eurogroup president Jeroen Dijsselbloem following Monday’s meeting of eurozone finance ministers in Brussels. “They will do so...
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