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Another crisis chapter closes, triggering final round of debt relief measures -
Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060 -
Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead -
Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance -
Latest EC review clears path towards end of enhanced surveillance process in 2022 -
Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
European Commission's Greek DSA sees recession ahead, debt becoming unsustainable
Ahead of the Eurogroup meeting on Friday, the European Commission prepared an updated Debt Sustainability Analysis (DSA), which was published by the Wall Street Journal.
All three scenarios end up with a debt to GDP ratio way above the November 2012 Eurogroup targets of 124 percent in 2020 and substantially below 110 percent in 2022.
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