No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
Lenders' visit concludes with no firm answer on pension cuts
Mixed picture for government after first day of talks with creditors
Lenders appear at ease with Tsipras pledges, cautious on pension cuts
Fiscal matters expected to dominate talks as lenders return for post-MoU check
No final word on pension cuts as lenders prepare for return to Athens next week
Exclusion from QE confirmed, only ECB's reinvestment programme left
During the final press conference before the summer holidays and about three weeks before Greece concludes its third adjustment programme, the European Central Bank’s (ECB) president Mario Draghi confirmed what was widely anticipated, which is that the country will not be eligible for ECB’s QE programme.
When asked whether Greece is now closer to being reintegrated into ECB’s programmes, Draghi said that Greek government bonds are not eligible for QE and need a waiver, which was available while the programme was in place. After the programme expires, th...
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