Greece and its creditors will discuss the appropriate type of post-programme surveillance of the country or any support arrangement "at the appropriate time", a European Commission spokesperson told EURACTIV.com.
Greece's economy faces the risk of "irreparable" damage as the political crisis of recent days takes on increasingly serious proportions, the country's central bank chief said in prepared speech remarks yesterday (15 December).
The European Central Bank's recent monetary policy actions have reduced risks in the eurozone's banking system but strong vigilance is still needed, Greek central bank governor Yannis Stournaras said on Sunday.
Greece must achieve economic growth and a budget surplus before it can return to bond markets, Finance Minister Yannis Stournaras said on Friday (9 August), adding the country would meet both conditions next year.
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