Scene is set for a Eurogroup agreement
The possibility of a comprehensive agreement at Thursday's Eurogroup is in the hands of Greece's creditors, and especially of Germany, as Greece is fulfilling the last few milestones needed to wrap up the fourth bailout review, which are mainly of a technical nature.
Sources last night said that negotiations for debt-easing measures are continuing without any change from what is already known, particularly in regards to the tough stance of Berlin, dictated by the political limitations of Chancellor Angela Merkel.
The main idea, therefore, is to fully cover Greece's short-term funding needs - through a cash buffer, as well as the acquisition of part of the International Monetary Fund loans and the bonds of the European Central Bank and the national central banks - as well as to extend the loans of the European Financial Stability Facility maturing in 2022. There is also...
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