For Greece to make a clean exit from its program, it needs the full confidence of the markets so that it can borrow at a reasonable rate. Sources on the institutions' side do not believe this will be possible. The credit line would provide some security, helping secure better borrowing terms from the market. Exactly what will happen, though, is still under discussion.


The government does not expect the review to be a walk in the park. In fact, sources suggest that Finance Ministry officials expect several issues, such as a cuts to benefits, will be tricky. Nevertheless, Athens aims to complete the review by the end of the year. This will involve wrapping up 90 out of 113 prior actions, sources say.

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