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PoliticsGreek Politics
Tsipras defends compromise, appears optimistic on concluding review Prime Minister Alexis Tsipras took his turn on Friday to defend the concessions his government made to Greece’s lenders, insisting that it represents an “honourable compromise” and displaying optimism that it will lead to the conclusion of the review.
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EconomyProgramme
IMF comments, blog leave no doubt credible debt relief has to be agreed soon Almost two weeks after the publication of its Article IV consultation report on Greece, including its updated debt sustainability analysis, the IMF published on Thursday evening a blog setting out the Fund’s perspective on dealing with sovereign debt.
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PoliticsGreek Politics
Tsakalotos appears but gives little away about negotiations with creditors Finance Minister Euclid Tsakalotos admitted in Parliament on Thursday that there would be “winners and losers” from any agreement the government reaches with its lenders on the measures and counter-measures needed to conclude the review but did not provide further details.
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EconomyProgramme
Greece forced to revisit prickly subject of pension spending to conclude review The Greek government is due to resume negotiations with the institutions in Athens on Tuesday, when pension reform is expected to be one of the most prominent and sensitive issues that will be discussed.
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PoliticsGreek Politics
Effort begins to secure SYRIZA support for deal with institutions The government’s efforts to lay to rest any concerns within the coalition about the agreement with Greece’s lenders began in earnest on Tuesday, when Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos addressed SYRIZA’s political committee.
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EconomyProgramme
Bill for out-of-court workout ready but may need tweaks The Development Ministry has tabled for public consultation until March 3 the draft law on the out-of-court workout, which is one of the key deliverables of the second programme review and also relates to the non-performing loan (NPL) resolution.
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EconomyProgramme
Athens grapples with awkward reduction of tax-free threshold Discussions between the institutions and Greece, which are due to resume in Athens next week, will, among other issues, focus on plans to reduce the tax-free threshold for personal incomes.
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PoliticsGreek Politics
Tsipras faces heavy lifting to finalise deal and get party approval The Greek government has wasted no time in rolling out its strategy for ensuring the passage of measures being discussed with the lenders and the conclusion of the drawn-out second review.
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PoliticsGreek Politics
Eurogroup agrees return of mission to Athens but key issues unresolved Monday’s Eurogroup culminated in an agreement for the institutions to return to Athens in the coming days, which was probably the most positive development that could have been expected at the start of the day but also leaves a lot of ground to be covered in the coming weeks.
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PoliticsGreek Politics
Progress rather than breakthrough the target at Eurogroup Expectations are relatively low for Monday’s Eurogroup, with the most that can be expected being an initial agreement between Greece and the institutions on the basic elements needed in order for the review to be completed.