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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeThe Greek government is aiming to come to an arrangement with its lenders in the coming days so that it can pay off early at least some of the 10 billion euros it owes to the International Monetary Fund.
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammeThe European Commission issued on Wednesday the update to its second post-programme surveillance report which should pave the way for the Eurogroup on Friday to approve the release of close to one billion euros in debt relief.
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgrammeThere is growing optimism in Athens that Friday’s informal gathering of eurozone finance ministers will result in a green light for the disbursement of 970 million euros as part of the latest round of debt relief measures.
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammeThe third post-programme review, which was due to begin this Monday, has been postponed for a few days as Athens looks to secure the disbursement of nearly 1 billion euros from the Eurogroup on April 5.
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammeThe International Monetary Fund (IMF) issued on Tuesday its first post-programme report for Greece as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay the Fund.
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammeThe government is preparing to announce a new minimum wage and the scrapping of the sub-minimum salary for under-25s, just days after talks with the institutions regarding the second post-programme review concluded in Athens.
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgrammeGreece is not expected to feature prominently at Monday’s Eurogroup but eurozone finance ministers are expected to give the 2019 budget the final green light and urge Athens to quickly shift its attention to the 16 post-programme actions that have to be completed by February.
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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammeThe government is set to submit the final version of the 2019 budget to Parliament on Wednesday without the pension cuts that were pre-legislated in 2017 but with the so-called “positive” measures announced by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
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IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
EconomyProgrammeThe International Monetary Fund has officially indicated that although it believes Greece should implement the pension cuts it has agreed for next year, it will leave it up to Athens and its European lenders to come to an arrangement over the 2019 budget.
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammeThe Greek government is expected to submit to the European Commission a version of its 2019 budget that is along the lines of the draft plan submitted to Greek Parliament on October 1, which includes a scenario in which the 1 percent of GDP in pension cuts agreed with the institutions are applied and one in which they are not.