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
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
No time for Tsipras to celebrate as long list of tasks means pressure is on from start
The new coalition government to be sworn in on Tuesday after Sunday’s snap elections has a series of challenges ahead of it, most of which stem from the commitments and deliverables outlined in the third bailout programme signed a month ago.
They mostly relate to fiscal policy, pension and labour market reforms, the banking sector and its recapitalisation as well as other areas involving privatizations, energy and product markets.
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