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16-Jul-2017 00:02

The overall aim of the programme is to secure a return to sustainable economic growth in Greece.Greece made an official request for stability support in the form a government loan from the ESM on 8 July 2015.It made the request in order to meet its debt obligations and to ensure the stability of the financial system.On 8 July 2015, the ESM Board of Governors tasked the European Commission with assessing the existence of risks to the financial stability of the euro area, the debt sustainability of Greece and its potential financing needs.Financial markets are in the grips of a global rush to safety.He floated the idea Thursday of starring in a Hollywood film.

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About 83% of companies in the S&P 500 watched their stocks fall.The scope of the latter will be determined based on an updated debt sustainability analysis.On 5 December 2016, the Eurogroup endorsed the full set of short-term debt relief measures for Greece.The measures are divided into short-, medium- and long-term.

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Some of them are to be implemented before the end of the programme, and others - upon successful conclusion of the programme.This evaluation is necessary before negotiations on a programme can begin.

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