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  1. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 1.88 billion euros in the first six months of 2015 from 1.51 billion in the five-month period, according to the Finance Ministry (MoF) final budget bulletin published on Thursday. The figures confirmed the preliminary data released on July 14. The actual

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  2. On the Greek crisis and German imbalances

    Agora

    as a preferred outcome. For example, Fabio Ghironi explains German Finance Minister Wolfgang Schauble's

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  3. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    The new round of discussions with institutions kicked off at technical level on July 28 and it appears that the early focus of the talks was, and will continue to be, on the potential prior actions being demanded by the lenders. On July 31, the Finance Minister Euclid Tsakalotos and Economy

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  4. Some snags remain in discussion with lenders over new privatisation scheme

    EconomyProgramme

    During a lengthy meeting with the quartet of Greece’s lenders on Tuesday, government officials discussed in detail privatisations – one of the key issues that need to be settled for there to be an agreement on a new 3-year bailout programme. Following the meeting, the Greek Finance Minister Euclid

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  5. From the troika to the quartet
    Photo by Harry van Versendaal

    Agora

    and various eurozone finance ministers are rather critical of such beggar-thy-neighbour policy

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  6. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    The general government (gg) primary cash surplus contracted by more than 1.6 billion euros to 238 million in the first half of 2015 from 1.85 billion last year, according the gg bulletin published by the Ministry of Finance (MoF) on Thursday. The breakdown of the four key gg entities displayed

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  7. Greece and lenders appear close to third bailout deal, with few issues outstanding
    Photo by MacroPolis

    EconomyProgramme

    After lengthy meetings between the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the quartet of Greece’s lenders in Athens over the weekend, there is an increased optimism that an agreement for a new 3-year bailout programme could be clinched by Tuesday. Media

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  8. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    Following an all-night meeting with the quartet of Greece’s lenders, the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis said on Tuesday morning that discussions had been successfully concluded, apart from a couple of details relating to prior actions remain

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  9. This is the government's strategy on banks and NPLs as part of third bailout

    Economy

    banks). That said the Finance Minister Euclid Tsakalotos recently stated that the government’s

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  10. Greece commits to ambitious privatisation targets as part of new bailout

    EconomyProgramme

    billion for investments. The Finance Ministry has recently stated that the new fund would create

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