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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeIt was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review.
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammeThe government is hoping to move closer to the completion of a key prior action this week, when evaluators submit the results of their work on the new “objective” property values that will be used by the Finance Ministry to calculate this year’s ENFIA real estate tax.
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Athens under intense pressure over fourth review reforms
EconomyProgrammeAlthough there has been progress regarding property auctions over the last few days, the Greek government is under intense pressure to move forward with the 88 prior actions included in the fourth review so the programme can be wrapped up on time.
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Greeks show highest mistrust in newspapers, TV and online news across EU
SocietyA survey on fake news and disinformation, conducted by the European Commission, has revealed the general mistrust that Greeks have of their news media, as well as the perceived impact of fake news.
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Focus of discussion for lenders moves to debt relief, post-MoU framework
EconomyProgrammeThe official conclusion of the third review on Friday means that the attention of the Greek government and its lenders has moved fully to the final few months of the programme and what will follow.
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Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued to strengthen in February, increasing by 2.4 points to 104.3 compared to a reading of 101.9 in January, European Commission (EC) figures revealed on Tuesday.
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Work on post-programme framework continues despite tranche holdup
EconomyProgrammeThe delay in the disbursement of Greece’s next bailout tranche does not look like it will affect the plans to begin work on the fourth review, as well as the ongoing discussions regarding debt relief and the other post-programme arrangements.
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Eurogroup confirms third review almost done but e-auctions still a concern
EconomyProgrammeMonday’s Eurogroup did not bring down the curtain on the third review as Greece’s lenders are waiting for the completion of two more prior actions.
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Moscovici upbeat in Athens, highlights elements needed for programme exit
EconomyProgrammeEuropean Economic Affairs Commissioner Pierre Moscovici had several messages to deliver during his visit to Athens, which focussed mostly on what needs to happen over the next few months to ensure that Greece completes the third programme without any problems.
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Commission keeps outlook on Greece stable, sees growth picking up this year
EconomyIn the winter forecast it published on Wednesday, the European Commission kept unchanged its projections for Greece, which see real GDP growing by 1.6 percent in 2017 and by 2.5 percent this year and next.