Programme
European Commission's Greek DSA sees recession ahead, debt becoming unsustainable
Ahead of the Eurogroup meeting on Friday, the European Commission prepared an updated Debt Sustainability Analysis (DSA), which was published by the Wall Street Journal.
Greece commits to ambitious privatisation targets as part of new bailout
In contrast to SYRIZA’s pre-election pledges, the government has committed to proceed with an ambitious privatisation programme, according to the draft bill on the new financial aid from the eurozone.
Draft bill sees millions in savings and revenues from variety of bailout interventions
The government tabled in Parliament on Wednesday the draft bill containing the agreement for new financial aid from the European Stability Mechanism (ESM) and the prior actions that Athens will have to implement as part of this deal.
Agreement on third bailout with revised fiscal and macro targets, host of prior actions
Following an all-night meeting with the quartet of Greece’s lenders, the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis said on Tuesday morning that discussions had been successfully concluded, apart from a couple of details relating to prior actions remain to be settled.
Greece and lenders appear close to third bailout deal, with few issues outstanding
After lengthy meetings between the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the quartet of Greece’s lenders in Athens over the weekend, there is an increased optimism that an agreement for a new 3-year bailout programme could be clinched by Tuesday.
Greece and creditors try to untangle pension complications
One of the key issues in the negotiations with the institutions over an agreement for a new bailout programme relates to the pension reforms.
Some snags remain in discussion with lenders over new privatisation scheme
During a lengthy meeting with the quartet of Greece’s lenders on Tuesday, government officials discussed in detail privatisations – one of the key issues that need to be settled for there to be an agreement on a new 3-year bailout programme.
Early rounds of talks with lenders focus on possible prior actions
The new round of discussions with institutions kicked off at technical level on July 28 and it appears that the early focus of the talks was, and will continue to be, on the potential prior actions being demanded by the lenders.
A breakdown of the funding needs involved in Greece's third bailout
As talks between the Greek government and its lenders pick up pace in Athens, the discussion about the country’s funding needs over the course of the three-year programme are also likely to come into focus.
IMF reveals its list of priorities for Greek bailout negotiations
In its Article IV Consultation with the eurozone, the International Monetary Fund identifies contagion from events in Greece as a downside risk next to a number of factors ranging from geopolitical tensions and market volatility to slowdown in emerging markets and asymmetric monetary policy.