Two meetings of the Eurogroup will be held on Monday 5 December. In the morning, the finance ministers of the Eurozone will tackle the draft 2017 budgets of 18 countries and, in the afternoon, they will take stock of the third Greek bailout plan, with an envelope of €86 billion from the European Stability Mechanism (ESM).
When it kicked off the 'European Semester' budgetary process in mid-November (see EUROPE 11669), the European Commission flagged the risk that the draft 2017 budgets...