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With review stalled, Athens continues to be coy on concessions
PoliticsGreek PoliticsWith the meeting of the International Monetary Fund’s executive board out of the way, the next crucial waypoint in the Greek review is Thursday’s meeting of the Eurogroup Working Group (EWG).
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IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammeThe International Monetary Fund’s executive board convened on Monday evening to discuss the Article IV consultation on Greece.
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Athens gears up for deal with lenders, pending news from IMF
PoliticsGreek PoliticsAll eyes in Athens are on Monday’s meeting of the International Monetary Fund’s executive board, although there are few expectations that it will result in a clear-cut decision regarding the IMF’s future role in the Greek programme.
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Tsipras tweaks message as chance of review compromise emerges
PoliticsGreek PoliticsAs speculation mounts that the Greek government is preparing for a compromise with the institutions that will lead to the conclusion of the review, Prime Minister Alexis Tsipras presented a slightly more nuanced position during a stormy parliamentary debate on Wednesday night.
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Athens accepts review's toughest fronts remain open
EconomyProgrammeOne day after a Bloomberg report cited a memo discussed at the last Eurogroup, which noted that almost two thirds of the second programme review prior actions have yet to be completed, the Greek government gave its own view on the state of play in the review process on Tuesday evening.
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek PoliticsThe indication that no progress regarding Greece’s review should be expected before the International Monetary Fund’s executive board meets on Monday was strengthened by comments from European officials.
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Tsipras facing limited options as he waits for signs from IMF
PoliticsGreek PoliticsThere is great uncertainty regarding the Greek government’s intentions following the disappointing outcome of last week’s Eurogroup for Athens.
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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomyIn its quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged for a swift conclusion of the programme review and implementation of the necessary reforms, which could lead to a sustainable economic recovery.
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Key fiscal differences lower expectations for Eurogroup
PoliticsGreek PoliticsIn comments during a television interview on Wednesday night, government spokesman Dimitris Tzanakopoulos appeared to rule out one of the rumoured compromise solutions between Greece and its lenders ahead of Thursday’s Eurogroup.
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Athens holds back proposal details ahead of Thursday's Eurogroup
PoliticsGreek PoliticsThe government has decided to keep its cards close to its chest ahead of Thursday’s Eurogroup and has not revealed – even to its lenders – exactly what it is proposing in order to conclude the review.