supervision Archives - Keep Talking Greece

Greece needs post-bailout watching despite big surplus, says Citigroup

January 19, 2018 Economy Comments Off on Greece needs post-bailout watching despite big surplus, says Citigroup

Citigroup has joined a chorus of critics in warning that Greece will need decades of monitoring when three international bailouts of 326 billion euros ($398.82 billion) end in August, undercutting Prime Minister Alexis Tsipras’ claims of a “clean exit” after what would more than eight years of rescue packages and …

Greece to remain under supervision after bailout program ends, says Dijsselbloem

September 25, 2017 Economy Comments Off on Greece to remain under supervision after bailout program ends, says Dijsselbloem

“Greece will remain under supervision after it exits its current bailout programme next year,” Eurogroup head Jeroen Dijsselbloem told a Greek newspaper short before arriving in Athens on Monday. Prime minister Alexis Tsipras has been telling Greeks that ‘creditors’ supervision will be over once the bailout program concludes in August …

Greece: 5 program reviews and non-stop ‘commitment checks’ until Aug 2018

June 19, 2017 Economy 1

The Eurgroup meeting last Thursday opened a long and winding road for the successful conclusion of the Greek program. “The exit from the memoranda in August 2018” as the Greek government calls it. The next 14 months will push Greece into a marathon race with several hurdles where the government …

Eurogroup: 3 Bailout Tranches in 4 Tranches; A Drop in the Ocean of €319 Bn Debt

November 27, 2012 Economy 1

After twelve hours of itching, Greece’s lenders, the EU/IMF/ECB agreed to save Greece for one more time and repel any danger for the Euro zone stability. A number of steps will cut the country’s debt to 124% of gross domestic product by 2020 and to 110% in 2022. However the Eurogroup finance ministers refused …

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