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Greece’s adjustment programme - The crucial weeks ahead A timeline of key events deserving close monitoring in the coming period (September 04, 2012)

The road leading to a successful conclusion of the 1st programme review and the timely disbursement of the next EU/IMF loan tranche remains bumpy. Against this background, market focus in the days and weeks ahead will be on a string of crucial events having a potential to fundamentally influence market perceptions over Greece’s EMU membership status and, more generally, the stability of the euro area. Based on the most recent information we managed to collect from a number sources we believe to be reliable, the attached report provides a timeline of crucial dates and events that deserve close monitoring.