ESM report highlights programme weaknesses, outlines improvements for future bailouts
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
Piecemeal process likely in drive for more fiscal space
Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
IMF voices concerns over long-term debt, sees more relief being needed
In the report of the Article IV consultation with Greece, the International Monterary Fund (IMF) updated its Debt Sustainability Analysis (DSA) to incorporate the debt relief measures that were agreed by the Eurogroup in June.
The Fund reiterates its long-held view that the agreement to extend the maturities of Greece’s EFSF loans by 10 years (which brings the average maturity to 42.5 years), the additional disbursement that created a cash buffer of 24 billion euros and the r...
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