IMF highlights bailout shortcomings in latest admission of programme errors
Athens warned about missing fiscal targets rather than changing them unilaterally
Finance Ministry, Stournaras disagree over fiscal space for expansionary measures
Athens moves ahead with expansionary measures as it waits for lenders' response
Lenders highlight risks of 'short-term popular' measures unveiled by government
Athens plans to use cash buffer to create fiscal leeway for expansionary measures
Lenders' visit concludes with no firm answer on pension cuts
The first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders.
Government sources suggested on Thursday that the reduction in pension expenditure legislated in 2017 will not be included in the 2019 budget, which Greek Parliament is due to approve in December. This provided further confirmation that Athens is confid...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.