Technical talks progress but debt relief, credit line continue to grate

EconomyProgramme Tags: Debt, ECB, Eurogroup, IMF
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Technical discussions between the creditors and the Greek government began in Athens on Monday against a backdrop of continuing disagreements over debt relief and whether Greece needs a precautionary credit line after the programme ends in August.

Monday’s meetings reportedly focussed on electronic auctions and the legal framework for selling NPLs. Tuesday’s meetings between the technical teams and Greek officials are expected to be centred on changes to the out-of-court workout and the so-called...

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