Athens steps up drive for fiscal space as fifth post-MoU review continues
Deadline looms for troubled home protection scheme as insolvency law is lined up
Eurogroup approves SMP and ANFA profit release, decision on investment use postponed
Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
Focus shifts to DSA, fiscal targets after IMF loan prepayment
Despite differing views IMF and EC see no immediate debt sustainability concerns
Eurogroup agrees on significant debt relief measures for Greece
After lengthy discussions in Luxembourg on Thursday, the Eurogroup arrived at a decision on significant debt relief for Greece that ticks many of the boxes the government had been hoping for but which will still leave Athens with a significant exposure to the International Monetary Fund.
The eurozone finance ministers agreed to extend the loans provided as part of Greece’s second bailout (EFSF) by 10 years and to defer interest payments and amortisation for 10 years. In the build-up to the agreement, Finance Minister Euclid Tsakalotos h...
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