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After agreeing measures, coalition sets sights on vote and debt relief deal
The package of measures the Greek government has agreed with the lenders will be submitted to Parliament next week, with the vote lined up for the following week, it was revealed on Tuesday.
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Greece agrees package of measures with IMF, eurozone to seal review
Greek Finance Minister Euclid Tsakalotos emerged from talks with the institutions at around 6 a.m. on Monday to announce that there had been an agreement between the various participants.
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Athens and creditors get down to details in final stretch of review
The new round of discussions between the Greek government and the institutions’ mission chiefs began on Tuesday with the aim of reaching a staff-level agreement (SLA) in the next few days.
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Review set to resume in Athens as debt talks drag on
Negotiations aimed at clinching a staff-level agreement (SLA) between the Greek government and its lenders are due to resume in Athens on Tuesday as doubts remain about how the creditors will resolve their differences over debt relief.
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ESM takes stock of Greece's sovereign vulnerability
The European Stability Mechanism (ESM) published a report last week that assessed sovereign vulnerabilities in the five eurozone countries that had received bailout loans.
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Compromise proposal on table ahead of Friday's Eurogroup
Following a meeting in Brussels on Tuesday evening between representatives from the institutions and the Greek government, a compromise agreement on the fiscal measures beyond 2018 appears to be on the table.
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No return of institutions to Athens yet as differences persist
The Eurogroup Working Group (EWG) held on Thursday night did not give the green light for the return of the institutions’ mission chiefs to Athens.
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Athens, lenders trying to put last pieces in place for technical agreement
With all indications suggesting that the Greek government and the institutions are close to reaching an agreement at technical level, there has been much speculation about how several issues that were proving contentious until recently have been, or will be, resolved.
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Out-of-court workout bill prepared amid apparent concern from banks
The Development Ministry tabled on Tuesday to Parliament’s legislative committee the draft bill on the out-of-court workout, which is also directly linked to the resolution of non-performing loans (NPLs).
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PPC: The struggling electricity giant dominating bailout talks
By:
EconomyFeaturesOne of the biggest stumbling blocks in the way of t the Greek government and the institutions to clinch a staff-level agreement (SLA) is the liberalisation of the energy market, with lenders requesting the sale of 40 percent of the Public Power Corporation (PPC) units.