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EastMed, defence and energy dominate Pompeo's visit, leaving Athens satisfied
PoliticsForeign Policywith his messages of support and with his gestures during a time when the Greek government needed... will be extended for another year. Despite rumours, and even reports in the Greek media, suggesting... statements with Prime Minister Kyriakos Mitsotakis, Pompeo noted that the US-Greek “military
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Mitsotakis breaks the ice in Sochi but Russia's wariness remains
PoliticsGreek Politicsthat their discussions have been “quite direct and honest”. According to government sources, the Greek premier... architectural security”, thus, “an operational relationship” is in both sides’ interests. The Greek PM... stability in the region.” However, the Greek premier noted that “these differences will be solved between
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Reflections on Greece's balance of payments
Agorato pass through the wringer of recovering the country’s saving-investment balance. How did the Greek... has nearly a perfect mapping from fiscal policy to the balance of payments: the twin deficits which also triggered the crisis in 2009. During the Greek crisis years, the fiscal balance in cyclically
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ECB increases ELA limit for Greek banks in first positive signal since referendum
Economythe Emergency Liquidity Assistance (ELA) limit for Greek banks by 900 million euro for one week... (ESM) support to Greece, following the adoption by the Greek Parliament of all the required commitments... by around 26 percent on the end-November figure of 164.3 billion. In addition, Draghi said that Greek
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Newsletter 229 -22/11/2019
budget is tabled Completing the fourth enhanced surveillance review proved smooth sailing for the Greek... tax package put forward by the Greek administration will not set the agreed targets at risk... of the Greek authorities but well above the 1.2 percent euro area average. Medium-term growth
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Athens closes border, looks for EU support to ride out migration storm
PoliticsGreek PoliticsThe Greek government is hoping that it will be able to rely on European support in the coming days after tense weekend on the country’s border with Turkey and on the Aegean islands. Greek authorities... there in the hope of crossing over trapped between Greek and Turkish territory. Greek police also used tear gas
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammeconditions for Greece on the international markets, where yields for long-term Greek debt have been falling...Greek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some
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Newsletter 260 -31/07/2020
stand-off over the past few days. Ankara’s moratorium on the hydrocarbon exploration is to last... in the Aegean, with Greek military sources suggesting a few days ago that if the survey ship’s cables came into contact with the Greek continental shelf, dramatic developments could follow. The Greek armed
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The IMF crisis and how to solve it
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
AgoraThe IMF is approaching its 70th birthday and the Greek programme has been a candidate for one... astonishing forecasting errors. The Fund revised down its projections for the level of 2014 Greek GDP a mind... definitions of debt sustainability (120% of GDP by 2020), the Greek programme was unsustainable between
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Athens stands with EU on Ukraine, waits for West's reaction to Russia
PoliticsForeign Policyarrival in Paris on Tuesday, Dendias also said that “we have fundamental and clear priorities. Firstly... there will be for the energy crisis. There is also concern about protection of citizens of Greek origin... are already co-operating for the completion of the IGB pipeline which, according to the Greek premier
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