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Coalition suffers space agency misfire
PoliticsGreek Politicsit appointed to head Greece’s fledgling space agency. Juncker’s visit meant that the focus of the local media’s attention shifted to issues relating to the third programme and Greek-Turkish relations... been the subject of much ridicule and criticism since announcing the HSA’s launch, with government
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S&P upgrades Greece to 'B+' on back of Eurogroup agreement
EconomyS&P was the first credit rating agency to respond to last week’s Eurogroup agreement by raising Greece’s long-term credit rating to ‘B+’ from ‘B’ on Monday. The outlook was also updated to stable... of the agencies that have Greece on ‘B’ and ‘B3’ for Moody’s which is a ‘B-‘equivalent. The ratings
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S&P revises outlook to positive, sees encouraging signs after debt deal
EconomyHaving updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating... to positive from stable. S&P’s rating of ‘B+’ is ahead of the rest of the agencies. Fitch has Greece on ‘B
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Banks try to build on growing confidence
EconomyBankingstart to view Greece’s banks through a more positive lens, the country’s lenders are taking steps... that the country’s systemic banks were working on covered bonds worth around 4 billion to be upgraded... after the ratings agency Moody’s upgraded the outlook for Greek banks from ‘stable’ to ‘positive
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammebut it is the discussion with the institutions over next year’s pension cuts, rather than market access... Newpost ahead of his trip served to outline the Greek government’s position on the pension issue as Athens... consistent success in beating targets (Athens expects that this year’s primary surplus could end up above 4
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PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
EconomyGreece’s Public Debt Management Agency (PDMA) is expected to publish its issue schedule... of the country’s quota has a rate of close to 4 percent. The reports suggest that the PDMA plans to bring down... to coincide with Greece’s programme exit. It was agreed at the June Eurogroup that the Greek authorities
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturescompleted this year, including the sale of Thessaloniki Port, which the USA and Greece’s European partners... qualified for the second round of the tender. The minister’s outburst came after the European Commission’s Directorate General for Mobility and Transport rejected the pricing policy proposed
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ND steers greater attention towards institutional failings as elections approach
PoliticsGreek Politicsof the country’s institutions and the rule of law, which New Democracy sees as areas where it can score points.... Outspoken Alternate Health Minister Pavlos Polakis has been a particular target for New Democracy’s... on Monday after suggesting at a meeting of SYRIZA’s central committee over the weekend that his party
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Greece's never-ending election campaign
Agorawith the opposition chief’s observation, apart from the fact he and his party have been calling... to pick up the campaign trail. For many months prior to the bailout exit, SYRIZA’s strategy was based... the public that Greece was making a clean break dampened the coalition’s fireworks. In addition, the sombre
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Coalition optimistic about pension cuts deal as it readies reduction to contributions
PoliticsGreek Politicswill not stand in the way of Greece’s efforts to cancel next year’s pension cuts. He is reported... of fantasy.” The report appeared in Ta Nea daily on Monday, following Scholz’s meeting with Tsipras... larger pensions to satisfy its lenders. The German minister’s comments prompted a reaction from
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