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
IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
Greek govt gears for final Eurogroup of 2019, hoping for better terms
Brussels gives Athens thumbs-up for reforms and budget
Greece’s new government managed to successfully clear on Wednesday the first major approval hurdle in its brief tenure as the European Commission (EC) published the fourth post-programme surveillance report, concluding that Greece has taken all the necessary steps to meet its mid-2019 commitments.
This paves the way for the Eurogroup to release the second set of debt relief measures worth 767 million euros. This consists of the return of the income amounts from SMP and ANFA holdings held by eurozone central banks and the waiver of the step-up int...
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