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Debt relief options pondered as institutions prepare for Athens return
EconomyProgrammeit. “As far as the pension cuts in 2019 are concerned, I remind you that there are also counter-measures... in implementing the 88 prior actions it has committed to. Naftemporiki reported on Friday that 73 key..., will be on the fourth review but discussions are continuing in the background on what debt relief measures may
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Tsipras gets strong mandate for deal in Brussels but left with political conundrum at home
PoliticsGreek Politicsto the two ministers and the parliamentary speaker. Finally, Tsipras also has the option of turning... to a civil war. “I cannot let this happen on my watch,” he said by way of justifying his decision... for the measures needed to back up an agreement but the lenders can argue that the current
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Athens cautious after Skopje suggests concession on name issue
PoliticsForeign Policy: “I will ask Greece to reconsider what kind of neighbour they want — do they want a stable... and the Balkans has increased the willingness of the West to settle the dispute and to bring... these talks are measures that will seek the improvement of bilateral relations that will definitely
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No breakthrough on debt talks at Eurogroup but June 21 goal remains
EconomyProgramme, defined by the IMF,” said European Economic Affairs Commissioner Pierre Moscovici. “But what I see...-tranche pending for Greece if it can show that it has effectively reduced state arrears. “This money... a final debt sustainability analysis - on which we can fine-tune possible debt measures. All
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Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgrammeAthens airport has been issued. However, several other obstacles, such as the legal appeals against... next year. “The only way I can see how one could really have a substantive discussion is if growth... the relief measures announced by Mitsotakis last weekend at the Thessaloniki Expo can be incorporated
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Stress mounts ahead of ECB's tests on Greek banks
EconomyA report over the weekend suggests that the Greek government has expressed concerns to its eurozone partners and the European Central Bank about the imminent stress tests on local banks. Kathimerini... the discounted GGBs you reinforce the reluctance of foreign investors to buy GGBs,” Hardouvelis
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Hatzidakis announces strategy for partial privatisation of PPC
EconomyFeaturesThe government has announced its plans for rescuing the state electricity firm, the Public Power Corporation (PPC) and save it from collapse. Energy Minister Kostis Hatzidakis unveiled the government... be “crazy enough” to buy it. Dire finances PPC’s full-year results for 2018 showed losses of 542
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economyas part of disposable income, Greece also has the top spot with close to 35 pct of income, against an EU... that consumers must pay 28 pct more to buy 2 pct fewer goods compared to 2006. The data does not just capture
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How Greek banks were left on the brink
Agoramark, which is a nosedive of almost 70 percent. I examine below the impact of the last months on banks... billion euros in the December to April period. As I have previously explained, this suggests that more... and June 19, the ECB Governing Council has decided to increase the ELA cap for Greek banks by around 9
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Can Greece learn to love renewable energy?
EconomyFeatures/uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas...Greece is one of the most fossil-fuel dependent countries in the European Union, and has struggled... to be on every Athenian rooftop, you could be left with the impression that Greece has fully embraced renewable
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