Greek sovereign rating history

 


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Greece: Debt relief, what to expect?

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Support for debt relief measures has increased in the past few months. Debt relief measures are not new; they were initially promised by the Eurogroup several years ago (but never fully materialised), while the Tsipras government had been asking for them since the beginning of its mandate, supported by the IMF. However, there has recently been a renewed impulse coming from various parts of the euro area, now that the programme is ending positively. Even Germany, which has historically been more focused on Greek reforms rather than debt relief measures, has recently been more inclined towards the idea. Nevertheless, expectations over the magnitude of debt relief measures vary widely. France, the EC and the IMF are pushing for stronger debt relief measures, as soon as possible. This scenario would reduce uncertainty on Greece’s repayment capacity and open up a virtuous circle; whereby the country could regain its IG status and be part of QE or ECB balance sheet re-investment...
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Greece prior actions

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Greece Moves Closer to Bailout Exit After Deal With Creditors

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