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Parliamentary questions
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20 November 2018
Question for written answer E-005842-18
to the Commission
Rule 130
Nikolaos Chountis (GUE/NGL)

 Subject:  First post-programme assessment of Greece
 Answer in writing 

In a few days’ time, the first post-Memorandum assessment of the Greek economy will be made public, as part of ‘post-programme surveillance’.

According to reports in the Greek press, because of significant delays in the implementation of reforms, such as completing privatisations, the Commission and the Eurogroup are to give Greece a ‘yellow card’.

The reports say that as a ‘penalty’ for the delays, the Commission and the Eurogroup will postpone the first tranche of payment of extra profits from Greek bonds held by the national central banks, created through their — legally questionable — exclusion from the haircut within the PSI procedure.

Does the Commission consider that there are delays in the implementation by Greece of specific measures and reforms? If so, what are they?

Are the reports of the ‘penalty’ to be imposed on Greece, through the postponement of payment of the SMP/ANFA tranche, correct?

Finally, does post-programme surveillance really constitute a move away from the situation under the Memoranda, given that the Greek nation is once again the victim of ultimatums along the lines of ‘privatise public assets more quickly and you will receive a payment’?

Original language of question: EL 
Last updated: 11 December 2018Legal notice