Eurozone lender sees end of Greek reforms review in early May
International lenders may finish their review of Greek reforms, needed to unblock further credit to Athens and start debt relief negotiations, in early May, the head of the eurozone bailout fund Klaus Regling said on Tuesday.
“My hope is that we will be able to conclude this review in early May, before the Orthodox Easter,” Regling told journalists in Luxembourg.
Eurozone and International Monetary Fund officials said last week they were aiming to have an agreement on the reforms with Greece by April 12, before many top officials leave for the IMF’s spring meetings in Washington on April 15.
Concluding the reform review has been delayed for months because it involves negotiations on some politically difficult steps for the leftist Greek government, like pension reform, the treatment of non-performing loans and an income tax reform.
You may be interested
Greece sells 10-year bond issue with record-low interest ratePanos - Jan 28, 2021
Greece on Wednesday successfully completed a 10-year syndicated bond issue raising 3.5 billion euros from the market. The interest rate…
Reuters: Strong demand for Greek & Austrian bondsmakis - Jan 27, 2021
Strong demand emerged today for bond issues from Austria and Greece, which followed larger Eurozone countries that issued bonds earlier…
Lost city of Alexander the Great is found in Iraq using US spy footage of the area captured in the 1960s!Panos - Jan 27, 2021
Alexander the Great‘s ‘lost city’ was a magical place where people drank wine and naked philosophers imparted wisdom, ancient accounts…