), this could be achieved through the timely completion of the first review of the 3rd MoU, if possible yesterday!
Then this could pave the way for the following benign steps, a sort of roadmap: •  Reinstatement of the waiver: that will release at least € billion from the current ELA programme (at 1.5% interest rate) to be channelled towards standard monetary policy operations (MRO) with zero interest charge, contributing to Greek banks’ profitability.