Programme
IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
The International Monetary Fund (IMF) published on Tuesday the report for the Article IV consultation with Greece, which was discussed by its executive board last week.
Exclusion from QE confirmed, only ECB's reinvestment programme left
During the final press conference before the summer holidays and about three weeks before Greece concludes its third adjustment programme, the European Central Bank’s (ECB) president Mario Draghi confirmed what was widely anticipated, which is that the country will not be eligible for ECB’s QE programme.
![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 insists labour market reforms need to be preserved
The IMF has reiterated its key recommendations for Athens and placed strong emphasis on labour policies and continuing reforms that will foster growth and facilitate investment.
Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
The privatisation of Hellenic Petroleum (HELPE) inched forward as the tender process for a 50.1 percent stake in the oil refinery entered a new phase.
IMF sets date for Article IV and DSA as markets mull Greek bonds
International Monetary Fund officials are due to meet on July 27 to discuss the Article IV review regarding Greece and the latest debt sustainability analysis (DSA) put together by the Washington-based organisation, which is being keenly anticipated by investors as Athens prepares for another possible bond issue.
Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
The final disbursement of Greece’s third programme has been delayed for a few days after Germany raised objections to the way in which Athens decided to extend the discount on VAT on five Aegean islands.
Commission sets out parameters for post-programme enhanced surveillance
The European Commission announced on Wednesday that everything is in place for the enhanced surveillance framework to be adopted after the third programme is completed on August 20.
Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
Ahead of the rubber-stamping of Greece’s post-programme surveillance and Friday’s Eurogroup, the discussion about next year’s pension cuts is continuing.
Draghi sets out QE obstacles facing Greece
European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance of being included in the QE programme.
Greek debt management agency sees Eurogroup debt deal favourably
Greece’s debt management agency, PDMA, issued a report on Wednesday in which it assesses the agreement reached on the June 21 Eurogroup concerning debt relief for the country.