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Tsipras's choices are becoming clearer but not any easier
Agorafrom a cut to spending on existing pensions. This is a tall order for the Greek coalition. Even if one... if the current one is cast aside. A programme-less Greece with close to 8 billion euros of debt and interest... the 3.6-billion-euro total, this could form one element of a compromise. The other aspect that needs
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Newsletter 107 - 17/02/2017
with the institutions and one that includes measures aimed at helping growth and the most vulnerable in Greek... 3.5 billion exclusively for arrears clearance. Around one third (1.03 billion) of total GG arrears... percent in November. The breakdown revealed one again the high fluctuation in building permits among
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Effort begins to secure SYRIZA support for deal with institutions
PoliticsGreek Politicsfrom being fiscally neutral, any final package should appear socially just and one that tackles... be one of the key areas of negotiation in the upcoming talks in Athens. At this stage, Manios’s comments cannot be interpreted as an outright rejection of the government’s efforts but he will be one
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Greece forced to revisit prickly subject of pension spending to conclude review
EconomyProgrammepension reform is expected to be one of the most prominent and sensitive issues that will be discussed. Pension reform was one of the key issues in the first programme review, which was concluded... or a reduction of almost 1.4 billion for 1.4 million pensioners, breaching one of the most prominent red
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This is where the last few days have left Greece and lenders
Agoraand cuts to main pensions. The fiscal impact of these measures will be one of the issues discussed... to creating a more comprehensive welfare system, one that might be able to provide help to the long-term... positions and adopted Germany’s view that there should be no haircut and discussion about relief now. One
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The joke's on Greece
Agorato an economic conference. The German ends up being the only one that defends the Greek position. It may sound... involves some Greeks blaming everything on others but let’s lead that one aside for the time being... to the single truth. One of the consequences of this process is that it has drained the belief Greeks
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New attempt to get Cyprus talks back on track
PoliticsForeign Policythat "no one is talking about or seeking Enosis." It seems that the Greek-Cypriot side is trying... last week. The Cyprus issue is usually one of the top items on the agenda when a Greek foreign minister... communautaire. One crucial issue that may be discussed in Brussels this week is Turkey's recent war
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What Dijsselbloem didn't say
Agorapresident. Whatever the case, Jeroen Dijsselbloem exposed one of the ugliest and most damaging sides... solidarity in the context of the euro crisis, they present it as a one-way transaction: The program... look at one side of the balance sheet if you want to make a proper economic assessment. While
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No return of institutions to Athens yet as differences persist
EconomyProgrammein the local media that the negotiations have reached an impasse. One of the issues that remains outstanding... savings of 1 percent of GDP to apply as of 2019, while the government aims for this to be delayed by one year. It is also not clear at the moment whether the cuts will be implemented in one go or in two
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Outline deal clinched at Eurogroup, focus now moves to Athens
PoliticsGreek Politicsreached in Malta appears to be one that the Greek government can probably live with, even though... to implement 2 percent of GDP in measures in one go in 2019 (a possible election year), unless... for 2019 and 2020, making it easier for the coalition to argue that the package is a balanced one. Prime
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