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Newsletter 124 - 23/06/2017
Houliarakis said that it does not preclude Athens from tapping markets in the near future. The government has... of the year or early next year, a belief he expressed before and after last week’s Eurogroup. “I don’t know about the exact months, but I think late this year or early next year, it may well be possible to go
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from... repayment. He repeated this message at Friday’s Eurogroup in Helsinki. “As I said earlier, I welcome... the expensive part will be prepaid,” he said. “So Greece would save interest payments and the IMF has
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Mitsotakis prepares to meet Erdogan as Greek ties with Russia collapse
PoliticsForeign Policy, and Brussels - but usually on the sidelines of NATO or UN Summit. This time, Erdogan has personally... on Tuesday by the Greek government spokesman. “Kyriakos Mitsotakis has always been open to a meeting... in his recent interview with Alpha TV. Speaking before the latest plenary session in Parliament, he has
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Athens defends Gaza stance as balanced, offers role in humanitarian corridor
PoliticsForeign Policyadded that "Greece has been very consistent in its relationship with Turkey since I took over... calls for a humanitarian pause, the EU has once again forwarded the “two-state solution” as its... defeat of Hamas. He also praised the Palestinian Authority in the West Bank, saying that it has
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Limited results from Tsipras's diplomatic marathon in New York
PoliticsForeign Policytheir money in Greece. “I am here to ask you to invest in Greece,” he said. “Now is the time to do... with Kerry. However, this was not the first time Washington expresses such an idea. The US has repeatedly... but also whether his government can come up with specific measures to encourage investors
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Tsakalotos confident on meeting fiscal targets, sees capital controls being gradually relaxed
EconomyProgrammeprogramme review would be easier than the previous one since the bulk of the required fiscal measures has..., the minister said that “as a European I would prefer a European solution with the European Stability
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Hatzidakis details plans for PPC, puts forward new CEO
EconomyFeatureswith the new government’s proposals. “We have presented a comprehensive PPC rescue plan with measures for support and for consolidation. I think the market reaction, with the company's stock rally... has put forward Giorgos Stassis to take over as CEO of PPC. According to media reports, Stassis
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Athens sees diplomatic progress and obstacles on migration
PoliticsForeign Policywith the messages of solidarity sent by the European Union. Athens has already managed to get on its side... where people are weaponised and I believe that it would have been wrong an approach to begin... measures on the borders. But Greece is now expecting to see in practice the solidarity promised by EU
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingoutbreak, the bank noted that it is well positioned to withstand the economic shock. The bank has..., working closely with the BoD,” he said. “I have no doubt that in this extremely difficult period NBG... options have been rolled out in order to keep operations moving smoothly. Forbearance measures have
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What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgrammeis a prior action, while the MTFS 2018-20121 has to be legislated by May 2017. The MTFS 2017-2020... a large number of taxpayers. The first measure relates to the abolition of certain “tax... discount to 68 million and involves 2.94 million taxpayers. The first measure also includes
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