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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammeInternational Monetary Fund managing director Christine Lagarde has vowed that her organisation will remain engaged in Greece after the end of the third programme, although it is looking almost certain that this will be in a technical capacity.
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More debt talks lined up but chances of IMF departure growing
EconomyProgrammeFollowing an unsuccessful attempt to reach a compromise on Greece’s debt relief package over the weekend, the country’s lenders are due to make another effort to find common ground on Thursday.
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Key debt relief talks fail to result in deal, leaving IMF role in doubt
EconomyProgrammeA meeting of Greece’s key lenders on Saturday failed to result in an agreement on the debt relief package that is due to be tabled at the June 21 Eurogroup, leaving diminishing chances of the International Monetary Fund being involved in anything more than a technical capacity in the future.
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All eyes on Washington Group's attempt to break debt relief deadlock
EconomyProgrammeThe Greek government will be watching with some concern when its key lenders gather in Canada over the weekend to discuss debt relief.
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Two weeks left for Athens to settle last remaining prior actions
EconomyProgrammeThursday, June 14, is widely seen as the date by which the Greek government needs to have completed any legislative work related to the fourth review so that the lenders can reach an agreement on the remaining issues by the time the Eurogroup takes place a year later.
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No breakthrough on debt talks at Eurogroup but June 21 goal remains
EconomyProgrammeThursday’s Eurogroup in Brussels failed to deliver a breakthrough on the debt relief talks between Greece’s lenders, although the institutions insist that they are still aiming to deliver a comprehensive agreement by June 21.
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammeA swift staff-level agreement (SLA) was reached between Greece and the institutions last Saturday and the details of the deal were revealed in the Supplemental Memorandum of Understanding (sMoU) was published by the European Commission on Thursday.
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Debt relief talks enter final phase, with June 21 as target for deal
EconomyProgrammeNo final decision on Greek debt relief is expected at Thursday’s Eurogroup, although Athens has received assurances that an agreement will be reached by June 21, when eurozone finance ministers are due to meet in Luxembourg.
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After fourth review SLA, build-up to May 24 Eurogroup begins
EconomyProgrammeAfter Greece and the institutions reached a staff-level agreement on Saturday, attention is turning to the implementation of the fourth review’s prior actions and the discussion on debt relief and post-programme monitoring between the creditors.
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Greece and creditors reach SLA - legislation of reforms and debt relief talks next
EconomyProgrammeGreece and the institutions confirmed on Saturday that they have reached a staff-level agreement (SLA), which paves the way for a global agreement between all sides by June 21, the date targeted by Athens and the lenders.