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
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Second review to resume in Athens under severe time pressure
The institutions’ mission chiefs are expected to return to Athens early this week to resume discussions with the Greek authorities on the second programme review.
The first round of meetings lasted one week and concluded on October 27. The Greek government is hoping that the second round will be equally quick and pave the way for eurozone finance ministers to confirm at the December 5 Eurogroup that the review ha...
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