Eurogroup

A proposal by nine countries including Greece for the issuance of an emergency “coronabond” to grapple with the public health and economic repercussions of the Covid-19 crisis appeared unlikely but they would like it to remain on the table.

In a boost for the government, Eurogroup chief Mario Centeno said today that the pension cuts are not a structural reform [as the IMF maintains], but rather a revenue-raising measure.