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  • Euro Working Group sees evaluation wrap-up by 22 January

    Final approval of the third evaluation of Greece's current bailout programme is expected by the 22 January Eurogroup meeting.

    ΤοΒΗΜΑ Team

    All sides at a meeting of the Euro Working Group (EWG) yesterday expressed the conviction that the staff -level technical agreement between Greek authorities and creditors is achievable by the next meeting of the Eurogroup, on 4 December, according to an EU source.

    The aim is for the final agreement on the completion of the third bailout evaluation by creditors to be approved at the 22 January, 2018 Eurogroup.

    The EWG is an advisory body to the Eurogroup and is comprised of representatives of all eurozone member-states, of the Economic and Financial Committee (EFC), of the European Commission, and of the European Central Bank.

    The prerequisite for the final approval is that all measures agreed to with creditors must have been passed into law by the Greek parliament.

    International