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Athens presents growth plan outline as lenders continue to differ on debt relief
EconomyProgrammeA meeting of the Eurogroup Working Group (EWG) on Thursday gave the Greek government a first opportunity to hear feedback on its growth strategy and get an idea of the lenders’ thoughts on debt relief.
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Prior actions and crucial meetings dominate agenda for rest of month
EconomyProgrammeThe pressure is back on the Greek government following the Easter break as it is thought that around 75 prior actions have to be completed in the coming weeks.
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Final decision on 2019 fiscal measures still a few weeks away
EconomyProgrammeThe first step in the process of deciding whether Greece will have to implement next year fiscal measures worth 1 or 2 percent of GDP is due to be taken on Friday, with the International Monetary Fund stressing that several more weeks are needed before any decision can be taken.
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeIt was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review.
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Athens under intense pressure over fourth review reforms
EconomyProgrammeAlthough there has been progress regarding property auctions over the last few days, the Greek government is under intense pressure to move forward with the 88 prior actions included in the fourth review so the programme can be wrapped up on time.
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Eurogroup highlights tight schedule as differences over debt, fiscal measures brew
EconomyProgrammeThe main message to emerge from Monday’s Eurogroup was that Greece and its lenders are facing a tight schedule if they are to achieve their goal of completing the fourth review and settling the issues of debt relief and post-programme surveillance.
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Clearer roadmap for completion of third programme emerging
EconomyProgrammeThe roadmap ahead for Greece had gradually started taking shape as Athens enters the final six months of its programme and gets a clearer picture on the key dates and deliverables.
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Tight schedule ahead for Athens and lenders in build-up to MoU exit
EconomyProgrammeThe Greek government has denied that Athens and the institutions are considering extending the third programme, which ends in August.
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Banks gear up for stress tests, with results due in May
EconomyBankingA clearer picture of the stress tests for Greek banks emerged over the past few days as the various stages and dates involved in the process were finalised.
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Some loose ends ahead of Eurogroup, questions remain over IMF's role
EconomyProgrammeThe Greek government goes into Monday’s Eurogroup, which will be accompanied by a meeting of the European Stability Mechanism’s (ESM) board of directors, with three prior actions remaining and doubts over whether the green light for the disbursement of the next loan tranche will be granted.