Multi-speed Europe

Enhanced surveillance report seen paving the way for disbursement of 767 mln euros

Greece's fourth post-bailout assessment by the European Commission, which was published Wednesday, is seen as paving the way for the disbursement of 767 million euros in eurozone central banks' profits from Greek bond holdings (SMPs and ANFAs).

Berlin raises wall to decision on use of SMP and ANFA earnings

Germany's opposition to the creation of additional fiscal space for Greece's 2020 budget with the earnings of eurozone central banks from their Greek bond holdings (SMPs and ANFAs) is the reason for the apparent delay in the decision on this matter, which has now been put off until next year.

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