Programme
In 9th post-bailout review, EC sees reforms slowing due to pandemic
The European Commission published on Wednesday the ninth post-programme report in the context of the enhanced surveillance agreed at the end of Greece’s third adjustment programme back in the summer of 2018.
Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
The report for the eighth post-programme review published last week included an update of the debt sustainability analysis (DSA) for Greece, the first revision since the one conducted in the context of the fifth review at the start of the year, before the pandemic struck.
Lenders acknowledge reforms, flag up tricky fiscal path ahead
Greece managed to clear on Wednesday the fourth post-programme review for this year and the third since the pandemic broke.
![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/]")
IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
The International Monetary Fund (IMF) concluded on Friday its second post-programme monitoring mission, which took place remotely, by publishing the staff concluding statement.
Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
Greece officially completed its seventh post-programme review on Wednesday, when the European Commission released the relevant report.
ESM report highlights programme weaknesses, outlines improvements for future bailouts
The European Stability Mechanism published on Thursday, along with its 2019 annual report, an independent evaluation of the Greek bailout programmes.
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
The European Commission published on Wednesday the sixth report of the post-programme surveillance framework, paving the way for Greece to benefit from another round of debt relief measures.
Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
The government is lining up a new set of economic measures to help businesses struggling due to the impact of the coronavirus after receiving the all-clear from the Eurogroup regarding this year’s fiscal target.
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
As was widely anticipated, since it had been trailed by Economic Affairs Commissioner Paolo Gentiloni during his recent visit to Athens, Greece’s fifth post-programme review was successfully completed with a positive report published by the European Commission on Wednesday.
Piecemeal process likely in drive for more fiscal space
It is becoming increasingly clear that the Greek government will have to be patient in its bid to gain greater fiscal space, a move that would allow it to live up to its promise to voters of easing the tax burden.