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
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
The European Commission published on Wednesday the sixth report of the post-programme surveillance framework, paving the way for Greece to benefit from another round of debt relief measures.
The enhanced surveillance scheme was agreed by the Eurogroup in the summer of 2018, ushering in a new era for monitoring of Greece’s financing conditions and its debt sustainability analysis. It also set out specific reform commitments by Greece in six ...
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