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Asking Greece to stack more austerity measures ignores past failings
AgoraAt the Eurogroup that took place in Amsterdam last week, Greece’s lenders decided to “stack” more measures just as the director of the International Monetary Fund’s European department Poul Thomsen appears to have predicted in the leaked teleconference recently published by WikiLeaks. Greece
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Hopes of swift deal on contingent measures doused by technical, political complications
PoliticsGreek PoliticsThe chances of Greece and its lenders achieving an agreement this week so an emergency Eurogroup can be held on Thursday appear to be receding by the hour. Athens and the institutions have yet to agree on how the 2 percent of GDP (3.6 billion euros) in contingent measures could be legislated
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Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement
Economyrelief measures at Monday’s extraordinary Eurogroup. The general index of the Athens Stock Exchange
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Greek stocks jump 2.8 pct during week on improved market sentiment
EconomyGreek equities headed north by 2.8 percent this week, following another rise last week, as they were helped by increasing hopes that Greece and its lenders will conclude the bailout review at the next Eurogroup on May 24. Eurozone finance ministers welcomed on Monday the voting of a bill including
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Coalition prepares final legislation for review, opposition expects no upsets for now
PoliticsGreek PoliticsAnother week devoted to drafting and voting new legislation awaits the government, which aims to complete the remaining bailout measures ahead of the May 24 Eurogroup. Another 1 percent of GDP in fiscal measures (mostly indirect tax rises) are needed, along with the final framework for the sale
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economy) presented to the eurozone finance ministers at the May 9 Eurogroup by the European Stability
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Tsipras seeking repeat of full support from coalition MPs in upcoming bailout vote
PoliticsGreek Politicswould clear the way for the Eurogroup Working Group, which meets on Monday, to give Tuesday’s meeting
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With review completion in sight, which way next for Greece?
Agoraand bailout funds that would flow from an agreement (possibly at the May 24 Eurogroup) would provide
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HRADF's updated plan for 19 privatisation projects published
Economyby the Eurogroup agreement this week. HRADF’s plan, which was finalised on April 26, provides an update
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Rating agencies positive on disbursement, stress programme implementation risks remain high
EconomyRating agencies welcomed the Eurogroup’s decision to approve the disbursement of 10.3 billion euros to Greece and to provide a road map on debt relief, while they stressed that the programme implementation risks remain high. Moody’s noted that both actions are credit positive as they alleviate
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