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
In 9th post-bailout review, EC sees reforms slowing due to pandemic
Greece’s first bailout, lenders and their pledge to maintain debt exposure
The Wall Street Journal and El Pais published over the weekend a revealing record of the minutes from the International Monetary Fund’s board meeting in May 2010, which sealed the organizations participation in the first Greek bailout.
“The Dutch, French and German chairs conveyed to the Board the commitments of their commercial banks to support Greece and broadly maintain their exposures,” the document says.
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