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Athens in search of counter-measures to secure MPs' support for potential deal
PoliticsGreek PoliticsA trade-off between the fiscal measures being demanded by the institutions and steps aimed at lightening the burden on taxpayers appear to be the main focus of the Greek government at the moment.
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Greece hopes promising fiscal, economic data will help its cause in review talks
PoliticsGreek PoliticsThe visit of Economic Affairs Commissioner Pierre Moscovici to Athens on Wednesday appeared to provide the Greek government with some comfort about the possibility of an agreement being reached between Greece and its lenders.
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Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
PoliticsGreek PoliticsThere was no official response from Athens on Monday to the proposal made by the institutions to the Greek government and it now seems there will be no movement on the issue until European Economic Affairs Commissioner Pierre Moscovici has visited the Greek capital on Wednesday.
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Lenders' proposal not yet enough to convince Athens, banish snap poll option
PoliticsGreek PoliticsAthens did not hide over the weekend its disappointment with the proposal made by the institutions on Friday but still appears focussed on trying to get a deal it considers politically viable.
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Lenders make proposal to Athens but no immediate breakthrough expected
PoliticsGreek PoliticsGreece and its lenders moved a step closer towards overcoming the impasse in the second review on Friday but it seems unlikely that an agreement will be reached by the Eurogroup on February 20.
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek PoliticsIt appears that Greece’s lenders are set to make an attempt to break the deadlock in the bailout review before a cycle of elections in a series of eurozone member states, starting with the Netherlands in March, begins.
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Lack of clarity across the board highlights review impasse
PoliticsGreek PoliticsThere appeared little chance of any progress in the talks between Greece and its lenders on Thursday as it emerged that Alternate Finance Minister Giorgos Houliarakis would not be attending the Eurogroup Working Group (EWG).
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeFollowing the International Monetary Fund’s executive board meeting on Monday, the Washington-based organisation published its ex-post evaluation report on Tuesday evening.
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Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgrammeThe Article IV consultation report on Greece published by the International Monetary Fund on Tuesday evening included letters by the Greek Finance Minister Euclid Tsakalotos and Bank of Greece governor Yannis Stournaras, which both outlined their disagreement on certain assumptions and comments in IMF’s debt sustainability analysis (DSA) and ex-post evaluation report.
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IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgrammeDespite the significant progress made so far, Greece faces fundamental challenges such as vulnerable public finances, notable tax evasion and ineffective tax administration, impaired bank balances sheets and pervasive structural obstacles to investment and growth, the International Monetary Fund’s Article IV consultation report concludes.