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
No breakthrough in discussions over protection for main homes
Monday’s meeting of the Euro Working Group (EWG) did not see any breakthrough in the talks between the Greek government and its lenders over the new framework for the protection of primary residences.
The EWG was seen a perhaps being a waypoint towards a positive decision at the informal Eurogroup on April 5 regarding the disbursement of the 970 million euros in debt relief measures that are pending. However, the differences between Athens and the in...
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