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EconomyProgramme
Athens launches drive to pre-pay part of IMF loan, bringing budget benefits Greece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from the European Stability Mechanism in a letter on Monday.
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PoliticsGreek Politics
Athens boosted by Lagarde's comments on primary surplus, but no move due for now The government received some encouragement in its bid for lower fiscal targets from would-be European Central Bank president Christine Lagarde, even though Prime Minister Kyriakos Mitsotakis has put this pursuit on the backburner for the time being.
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EconomyProgramme
Athens hopes lower bond yields strengthen case for reducing fiscal targets The Greek government is keeping high up on its agenda the matter of renegotiating lower fiscal targets with the institutions as New Democracy tries to build its case ahead of talks with the creditors in September.
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EconomyProgramme![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF highlights bailout shortcomings in latest admission of programme errors A new internal evaluation document published by the International Monetary Fund on Monday can be added to the existing material that has been released by the IMF on Greece outlining what a formidable task the country faced in 2010 when it signed the first programme with the eurozone and the Washington-based organisation.
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EconomyProgramme
Athens warned about missing fiscal targets rather than changing them unilaterally Thursday’s Eurogroup resulted in a warning from European Stability Mechanism managing director Klaus Regling that Greece may miss its primary surplus target this year as a result of the so-called positive measures adopted.
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EconomyProgramme
Lenders highlight risks of 'short-term popular' measures unveiled by government There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus for pensioners.
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EconomyProgramme
Debt relief measures move ahead as Athens prepares to use fiscal space Greece has received the green light for the latest round of debt relief measures and is set to move ahead with plans to repay part of the loans it has received from the International Monetary Fund early.
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PoliticsGreek Politics
SYRIZA seeks to bolster post-MoU narrative with early IMF repayment The talks Finance Minister Euclid Tsakalotos held with International Monetary Fund officials at the sidelines of the spring meetings in Washington over the past few days appear to have paved the way for Greece to make an early repayment to the IMF, a move that the government wants to include in its pre-election agenda.
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EconomyProgramme
IMF sees Greece on course to meet fiscal targets and reduce debt Following the publication of its macroeconomic forecasts for Greece as part of the World Economic Outlook (WEO) release cycle, the International Monetary Fund (IMF) released on Wednesday its latest projections for public finances in the Fiscal Monitor.
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EconomyProgramme IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions The International Monetary Fund (IMF) published on Tuesday its latest edition of the World Economic Outlook (WEO) ahead of the Spring Meetings that take place in Washington this week, leaving its projections for Greece’s key macro data unchanged from the first post-monitoring report issued in mid-March.