Please find attached the latest IMF Greek sustainability report that I mentioned earlier today and the Euro Group statement on Greece from today’s summit.
Please take note of the following paragraph in the Euro Group statement.
It is understood that the disbursements for the PSI operation and the final decision to approve the guarantees for the second programme are subject to a successful PSI operation and confirmation, by the Eurogroup on the basis of an assessment by the Troika, of the legal implementation by Greece of the agreed prior actions. The official sector will decide on the precise amount of financial assistance to be provided in the context of the second Greek programme in early March, once the results of PSI are known and the prior actions have been implemented.
In other words… We’re not quite there yet.
and the Euro Group statement.