The Finance Ministry has already taken the decision for Greece to tap again the market, possibly this week, with the issuance of a 7-year bond, aiming to raise 3 billion euros.
Third Program Review
Now that the third review is complete, there are only a few prior actions that have to be finished before the disbursement of the tranche in February, Finance Minister Euclid Tsakalotos said at a press conference in Brussels on Monday.
The Eurogroup came to a "political agreement" on Greece's third program review during its meeting, the group's new chief, Mario Centeno said during a press conference in Brussels on Monday.
Following a meeting of the Eurozone’s finance ministers in Brussels, the Eurogroup gave the green light on Monday for the disbursement of the fourth tranche of the European Stability Mechanism (ESM) program for Greece, totaling 6.7 billion…
The EuroWorking Group (EWG) gave the green light on Friday for the Eurogroup on Jan. 22 to announce the completion of Greece’s third program review, during a teleconference to discuss the issue, a Eurozone official stated.
Eurozone finance ministers are expected to decide that Greece has completed almost all its obligations attached to the third program review when they meet for Monday’s Eurogroup, a Eurozone official said on Wednesday.
The Eurogroup meeting, due to be held next Monday is considered to be a formality for the conclusion of the third program review, after the vote held in the Greek Parliament on the program’s final prerequisite measures.
The bill on the prior actions required to complete Greece's third program review was approved in parliament on Monday evening with the 154 votes of SYRIZA, the Independent Greeks (ANEL) and independent lawmaker Theodora Megaloikonomou, who…
The clock is ticking away for the government towards the Eurogroup meeting on 22 January, when the highly critical third program review will be formally concluded.
The multi-bill on the prior actions required to complete Greece's program review includes legislation to set up a new agency that will fight major financial crime, will be directly supervised by the finance minister and headed by a new…