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ESM report highlights programme weaknesses, outlines improvements for future bailouts
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Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
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Piecemeal process likely in drive for more fiscal space
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
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Lenders set out key review issues as Athens tables proposals for fiscal space
Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
During the first visit to Athens of the new Economic Affairs Commissioner Paolo Gentiloni, the Greek government stepped up its efforts to secure more fiscal space that will allow it to continue its policy of tax cuts.
As Prime Minister Kyriakos Mitsotakis welcomed the Commissioner and with the television cameras present, he grabbed the opportunity to raise the issue of the reduction of primary surpluses from 2021, instead of 2023 as is scheduled, noting that “soon an...
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