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
Lenders deem second post-MoU review over, Athens waits for debt relief
The European Commission issued on Wednesday the update to its second post-programme surveillance report which should pave the way for the Eurogroup on Friday to approve the release of close to one billion euros in debt relief.
Greece was meant to have completed a specific set of reforms as part of the second post-programme review by the end of February but many were incomplete by the time the report was issued in mid-March. The most notable omission was the successor of the s...
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