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Banks gear up for stress tests, with results due in May
EconomyBankingSupervisory Board to meet to discuss and rubberstamp the results of the exercise in May, leaving... the exercise is formally completed on May 4, when the Supervisory Board is due to meet. The process
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeboard will meet on March 27 to approve the disbursement of the next loan tranche to Greece. Of the 5.7... confirmed that its board of governors has approved the supplemental memorandum of understanding
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Lenders still aiming for completion of fourth review in May
EconomyProgrammeof public enterprises that have come under its control. The changes to the executive board members have reportedly been requested by the institutions’ representatives on the HCAP board. HCAP is also reviewing
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Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgrammea proposal to our Board to make IMF financing available to Greece,” he said. “Discussions are ongoing.... However, he stressed that there would be benefits for Greece if the Fund is on board. “I think one
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeto operate strictly in accordance with market principles while any potential replacement of board... will continue to make every reasonable effort to ensure the compliance of the board members of all
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Draghi sets out QE obstacles facing Greece
EconomyProgrammeby the Eurogroup [on June 21],” he said. “Then we have to wait for the decisions of the EFSF board. Only...,” added Draghi. The European Stability Mechanism’s (ESM) executive board is due to meet on Friday
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IMF sets date for Article IV and DSA as markets mull Greek bonds
EconomyProgrammeRice revealed that the Fund’s executive board is due to discuss issues relating to Greece on July 27... reports per year to our executive board. That involves a number of visits to Greece, engagement
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IMF insists labour market reforms need to be preserved
EconomyProgrammeAhead of the publication of the Article IV consultation for Greece which is due to be discussed by the International Monetary Fund’s (IMF) executive board on July 27, the Fund has reiterated its key... activities. Following the discussion by the executive board at the end of this month, Greece’s
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Last bailout tranche just days away as pension discussion looms
EconomyProgrammebillion euros, to be released. The ESM’s board of governors approved on Wednesday the supplemental Memorandum of Understanding, which was last updated in March this year. “This paved the way for the Board
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No final word on pension cuts as lenders prepare for return to Athens next week
EconomyProgrammefor the Eurogroup meeting in Vienna. It is still not clear that there is across-the-board support... on Wednesday, European Central Bank executive board member Benoit Coeure said he did not want to comment
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