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EconomyProgramme
More debt talks lined up but chances of IMF departure growing Following an unsuccessful attempt to reach a compromise on Greece’s debt relief package over the weekend, the country’s lenders are due to make another effort to find common ground on Thursday.
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EconomyProgramme
Key debt relief talks fail to result in deal, leaving IMF role in doubt A meeting of Greece’s key lenders on Saturday failed to result in an agreement on the debt relief package that is due to be tabled at the June 21 Eurogroup, leaving diminishing chances of the International Monetary Fund being involved in anything more than a technical capacity in the future.
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EconomyProgramme
All eyes on Washington Group's attempt to break debt relief deadlock The Greek government will be watching with some concern when its key lenders gather in Canada over the weekend to discuss debt relief.
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EconomyProgramme
Two weeks left for Athens to settle last remaining prior actions Thursday, June 14, is widely seen as the date by which the Greek government needs to have completed any legislative work related to the fourth review so that the lenders can reach an agreement on the remaining issues by the time the Eurogroup takes place a year later.
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EconomyProgramme
No breakthrough on debt talks at Eurogroup but June 21 goal remains Thursday’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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EconomyProgramme
Supplemental MoU sets out path for maintaining fiscal sustainability A swift staff-level agreement (SLA) was reached between Greece and the institutions last Saturday and the details of the deal were revealed in the Supplemental Memorandum of Understanding (sMoU) was published by the European Commission on Thursday.
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EconomyProgramme![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
Debt relief talks enter final phase, with June 21 as target for deal No final decision on Greek debt relief is expected at Thursday’s Eurogroup, although Athens has received assurances that an agreement will be reached by June 21, when eurozone finance ministers are due to meet in Luxembourg.
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EconomyProgramme
After fourth review SLA, build-up to May 24 Eurogroup begins After Greece and the institutions reached a staff-level agreement on Saturday, attention is turning to the implementation of the fourth review’s prior actions and the discussion on debt relief and post-programme monitoring between the creditors.
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EconomyProgramme
Greece and creditors reach SLA - legislation of reforms and debt relief talks next Greece and the institutions confirmed on Saturday that they have reached a staff-level agreement (SLA), which paves the way for a global agreement between all sides by June 21, the date targeted by Athens and the lenders.
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EconomyProgramme
Fiscal issues appear settled as Greece and institutions head for review deal There appears to have been a breakthrough in the negotiations between Greece and the institutions regarding fiscal issues, which would remove one of the biggest obstacles towards reaching a staff-level agreement on May 24.