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Coalition plays down sub-tranche delay, opposition steps up pressure
PoliticsGreek PoliticsThe Greek government played down on Friday the news that the European Stability Mechanism (ESM) has decided not to release yet the 1-billion-euro sub-tranche that was dependent upon arrears clearance targets being met.
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No breakthrough on debt talks at Eurogroup but June 21 goal remains
EconomyProgrammeThursday’s Eurogroup in Brussels failed to deliver a breakthrough on the debt relief talks between Greece’s lenders, although the institutions insist that they are still aiming to deliver a comprehensive agreement by June 21.
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Athens struggles with civil service evaluation, reduction of arrears
EconomyProgrammeThe Greek government has its hands full at the moment with the effort to complete as many prior actions as possible from the fourth review so there can be a staff-level agreement by the May 24 Eurogroup.
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After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
EconomyProgrammeThe clarity that the Greek government had hoped might emerge from the discussions at the sidelines of the International Monetary Fund Spring Meetings failed to materialise and significant issues relating to the post-programme period will have to be resolved in the coming weeks.
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammeAll eyes will be on Friday’s meeting of the so-called Washington Group at the sidelines of the International Monetary Fund’s Spring Meetings, with Athens hoping that the gathering of some of its lenders will provide greater clarity about the upcoming programme exit.
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Athens presents growth plan outline as lenders continue to differ on debt relief
EconomyProgrammeA meeting of the Eurogroup Working Group (EWG) on Thursday gave the Greek government a first opportunity to hear feedback on its growth strategy and get an idea of the lenders’ thoughts on debt relief.
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PM livens up ministers over fourth review as debt relief proposals are put together
EconomyProgrammePrime Minister Alexis Tsipras urged his ministers on Tuesday to concentrate on any tasks they have related to the fourth review, thereby ensuring that the government does not put at risk the timely conclusion of the third programme this summer.
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Doubts about whether package deal with lenders is feasible by June
EconomyProgrammeThe completion of the fourth review and the possibility that a delay in ticking off the 88 prior actions could push Greece and its lenders to the limit is back in focus this week.
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeIt was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review.
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Next key programme developments due in April as Athens shapes growth strategy
EconomyProgrammeMonday’s Eurogroup is not expected to deliver any significant decisions regarding Greece’s fourth programme or its post-MoU framework.