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
BoG looks at other programme exits and options available to Athens
Over the last few weeks Greece’s central bank governor, Yannis Stournaras, has been arguing that the Greek government should explore all options for the post-programme era, including a precautionary credit line.
This is in contrast to the strategy that the Greek government is in the process of executing, which is based on the creation of a cash buffer totalling about 18 billion euros that will cover the country’s funding needs for 12 months after this August.
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