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Another crisis chapter closes, triggering final round of debt relief measures
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Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
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Latest EC review clears path towards end of enhanced surveillance process in 2022
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Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
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.
The European Commission notes that, as of the end of September, Greece had a cash reserve of 34.5 billion euros, with an actual cash buffer that was built through ESM disbursement untouched at 15.7 billion euros. The overall cash reserve means Greece is...
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