Programme
Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
During his visit to Athens on Tuesday, European Economic Affairs Commissioner Pierre Moscovici seemed to suggest that Greece might not have to implement the pension cuts that have been lined up for next year.
HELPE privatisation moves closer as ROSCO sale is completed
Two international bodies have made it to the second round of bidding for a 50.1 percent stake in Hellenic Petrol (HELPE) as progress continues on Greece’s privatisations.
IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
Following a week of meetings with the Greek authorities and relevant ministries in the context of the regular consultations under Article IV, the IMF staff issued on Friday their concluding statement of this year’s mission.
IMF concludes Article IV consultation, prepares to publish DSA in July
The International Monetary Fund is due to wrap up its Article IV consultation meetings in Athens this week, but its debt sustainability analysis (DSA) will not be available for a few weeks yet.
EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
Following the Eurogroup agreement early last Friday, the European Commission updated the compliance report of the fourth review to include the Debt Sustainability Analysis (DSA) put together by Greece’s European creditors.
Lenders set out post-MoU reform tasks ahead for Athens
Aside from marking the completion of Greece’s third and final European Stability Mechanism (ESM) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off.
Eurogroup agrees on significant debt relief measures for Greece
After lengthy discussions in Luxembourg on Thursday, the Eurogroup arrived at a decision on significant debt relief for Greece that ticks many of the boxes the government had been hoping for but which will still leave Athens with a significant exposure to the International Monetary Fund.
Lenders set out post-MoU framework with aim of securing reforms
Details of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring that Greece meets its fiscal and reform targets in the future, have been published.
Fourth review nears conclusion, clearing path for debt relief agreement
Greek ministers and representatives of the institutions held a teleconference on Monday to discuss the state of play in the fourth review as all sides attempt to clear the decks so a comprehensive agreement, including debt relief, can be reached at Thursday’s Eurogroup.
Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
The government will be looking to demonstrate a significant reduction in its list of 88 prior actions by the June 21 Eurogroup, including covering ground on several major privatisations.