Programme
Fourth review talks conclude with fiscal differences remaining
The talks between the Greek authorities and the heads of institutions concluded on Wednesday as the fourth post-programme moves on to the next stage.
Second day of review yields progress, work needed on fiscal front
The Greek authorities and the heads of the institutions completed the second day of talks in Athens that left fiscal issues for 2020 still open, although it was not anticipated that the matter would have been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament on October 7.
Fiscal issues dominate talks as fourth post-programme review ensues
The first round of discussions between the Greek authorities and the institutions was held on Monday and appears to have yielded the first areas of common ground, and revealed areas that have some way to go still.
Government looks to review visit for nod on tax package
The scheduled visit by the institutions for the fourth post-MoU review will wrap up on Wednesday after three days of meetings between finance ministry officials and the heads of the institutions.
Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
Greece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from the European Stability Mechanism in a letter on Monday.
Fiscal issues top agenda as fourth post-MoU review gets underway
The fourth post-programme review is due to begin in Athens on Monday, with fiscal issues expected to top the agenda as the government prepared to include the tax cuts announced by Prime Minister Kyriakos Mitsotakis in the 2020 draft budget.
ND aims to show progress at Eurogroup but QE unattainable for now
Finance Minister Christos Staikouras was due on Friday to take up the government’s drive to convince Greece’s eurozone partners that the country is on the right track following this summer’s elections.
Athens preparing to present budget plans to lenders after tax cut pledges
Finance Minister Christos Staikouras is preparing to provide his eurozone counterparts with more details on Friday about the government’s fiscal plans, as set out by Prime Minister Kyriakos Mitsotakis at the Thessaloniki Expo over the weekend.
Brussels urges Athens to remain on reform path as fourth post-MoU review looms
The European Commission (EC) marked on Tuesday the first anniversary from the completion of Greece’s third adjustment programme - a 3-year adjustment effort with emphasis on structural reforms and provided loans of just short of 62 billion euros via the European Stability Mechanism (ESM).
Athens hopes lower bond yields strengthen case for reducing fiscal targets
The Greek government is keeping high up on its agenda the matter of renegotiating lower fiscal targets with the institutions as New Democracy tries to build its case ahead of talks with the creditors in September.