In 9th post-bailout review, EC sees reforms slowing due to pandemic
Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
Lenders acknowledge reforms, flag up tricky fiscal path ahead
IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
ESM report highlights programme weaknesses, outlines improvements for future bailouts
Greek funding needs add to pressure in talks between Athens and lenders
Eurozone finance ministers are due to meet again on Monday to discuss a possible compromise between Greece and its lenders but these talks continue against a backdrop of pressing funding needs for Athens.
Initial press reports had indicated that Greece would also request a part of the remaining (from 2014) 1.8 billion euros from the last EFSF tranche and 3.5 billion from the IMF. However, both tranches are subject to the completion of the fifth and sixth...
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