Greece Aiming for Agreement on 2nd Review by Nov. 28, Finance Ministry Source Says
Wednesday, 09 November 2016
The Greek side is aiming for an institutions-level agreement on the second review by November 28, when the EuroWorking Group will meet to prepare for the Eurogroup on December 5, a Greek finance ministry source told the press here on Tuesday.
Achieving this target will also mark the start of an in-depth discussion on debt relief that will help create a "clear exit corridor" for Greece, the same source said. This "corridor" will include the basic steps that will lead Greece to an exit from memorandum programmes in mid-2018, the source added, specifying that this means an agreement on the debt, participation in the European Central Bank (ECB) quantitative easing programme, a successful foray into the markets and, finally, an exit from memorandum programmes.