Eurogroup agrees on significant debt relief measures for Greece
Lenders set out post-MoU framework with aim of securing reforms
Fourth review nears conclusion, clearing path for debt relief agreement
Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
Multi-bill passed, sub-tranche released but debt relief expectations dwindling
Debt relief discussions continue as clock ticks down to June 21 Eurogroup
Supplemental MoU sets out path for maintaining fiscal sustainability
A swift staff-level agreement (SLA) was reached between Greece and the institutions last Saturday and the details of the deal were revealed in the Supplemental Memorandum of Understanding (sMoU) was published by the European Commission on Thursday.
The document, which details Greece’s obligations and the next policy steps, is based on the four pillars on which Greece’s third programme has been built with the aim of ensuring fiscal sustainability, safeguarding the financial stability in the banking...
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