The demands placed on the Greek government before it can access bailout funds of up to €86 billion ($96 billion) were spelled out today (August 12), as a copy of the memorandum of understanding between the country and its lenders was widely leaked.
It surfaced on August 11 that negotiators had reached a deal on the conditions necessary for Greece to secure a third Greek bailout, though the terms still have to be approved by national parliaments.
One of the key sections of the agreement is a comm
- Is the pursuit of a common accounting standard for gold a fool’s errand?
- EBA demands rapid reform at Maltese AML agency
- BoE minority staff score lower in first diversity survey
- First left-wing Mexican president in a generation unlikely to upend institutions
- Vietnam says it is “actively prepared” to intervene in forex market