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Eurogroup
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EconomyProgramme
Eurogroup sets conditions for disbursements totalling 10.3 bln to take place The Eurogroup welcomed early on Wednesday the adoption by the Greek government of most of the required prior actions for the conclusion of the first programme review.
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EconomyProgramme
IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief Ahead of the Eurogroup meeting on Tuesday, the International Monetary Fund published its preliminary debt sustainability analysis (DSA), which was distributed to its Executive Board but was neither discussed nor approved.
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EconomyProgramme
Outline of fiscal mechanism for automatic cuts emerges after Eurogroup The outline of the mechanism that will trigger automatic fiscal interventions to ensure Greece’s programme is on track has emerged following Monday’s Eurogroup in Brussels.
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EconomyProgramme
Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting The extraordinary Eurogroup on Monday is due to discuss the state of play of the programme review as well as the sustainability of Greece’s debt. The thorniest issue at the moment appears to be the contingency measures worth 2 percent of GDP the IMF is insisting they have to be detailed and legislated before the conclusion of the review.
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EconomyProgramme
Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold As expected, the Eurogroup held on Monday took stock of the current state of play regarding the implementation of the Greek programme but it did not reach any decision on the disbursement of the next sub-tranche of 2 billion euros.
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EconomyProgramme
Eurogroup sets out key dates ahead for Greek programme The Eurogroup held in Luxembourg on Saturday was the first meeting of the eurozone finance ministers after the signing of the third bailout programme and the disbursement of the first 13 billion euros. It provided an opportunity for all sides to assess the state of play.
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EconomyProgramme Eurogroup approves 3rd bailout for Greece but expects swift, extensive action The Eurogroup agreed on the terms of Greece’s third bailout on Friday, paving the way for Athens to receive its first tranche from a package of up to 86 billion euros in new loans next week.
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EconomyProgramme
This is what the Eurogroup is proposing as a basis for a third Greek bailout Following today’s Eurogroup meeting on Greece, a 4-page draft document to be presented to the Eurozone Summit was leaked to the press. We summarize below the key points of the draft statement.
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EconomyProgramme
Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage Eurozone finance ministers meet on Monday afternoon to discuss, amongst other things, the list of seven reforms submitted by Greek Finance Minister Yanis Varoufakis last week - a vital step towards Greece possibly overcoming its pressing liquidity problems.
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EconomyProgramme
Greece submits reform proposals but Eurogroup unlikely to be moved Ahead of Monday's meeting of eurozone finance ministers, Greek Finance Minister Yanis Varoufakis has sent a letter to Eurogroup President Jeroen Dijsselbloem setting out an initial list of seven reforms to be submitted for technical discussions.