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  1. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    The general government (gg) primary cash surplus widened by 7.4 percent to 2.61 billion euros in the 8-month period of 2015 from 2.43 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Tuesday. The breakdown of the four key gg entities showed improved

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  2. Prior actions, pending actions and milestones along the bumpy road
    Photo by Harry van Versendaal

    Agora

    When the Eurogroup of finance ministers met in Brussels last week, a major reform roadmap was agreed with the Greek representative, Euclid Tsakalotos. The 49 prior and pending actions that have to be adopted by the Greek government by mid-October in order for urgently needed financial assistance

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  3. Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
    Photo by MacroPolis

    EconomyBanking

    and local media note that the Finance Ministry will table the relevant draft bill on October 20. According

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  4. Privatisation chief sees gradual progress but revenues remain unclear

    Economy

    from providing a specific figure. In the 2016 draft budget, the Finance Ministry expects

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  5. Loose ends to tie up on prior actions as lenders head back to Athens

    PoliticsGreek Politics

    election promise that this idea would be scrapped. The main difficulty for the Finance Ministry

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  6. Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept

    EconomyMacroeconomy

    are calculated purely on a cash basis, while the respective items presented in the Finance Ministry (MoF

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  7. Government meets resistance on TV permits and revenues chief
    Photo by MacroPolis

    PoliticsGreek Politics

    Alexis Tsipras's bid to replace the head of Greece's revenue service and launch a new tender for broadcasting licences with minimum fuss has not gone according to plan. Tsipras reportedly asked Finance Minister Euclid Tsakalotos to demand the resignation of general secretary for public revenues

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  8. Bailout review resumes in Athens but substantial gap remains

    PoliticsGreek Politics

    The new round of negotiations on the first programme review between the Greek authorities and the mission chiefs began in Athens on Wednesday. Greek Finance Minister Euclid Tsakalotos took part in the first of the day’s meetings, describing it as “introductory” and an opportunity to outlinethe key

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  9. Tsipras takes big risk by axing public revenues chief Savvaidou

    PoliticsGreek Politics

    by the government gives greater oversight powers to the finance minister, which is likely to bring

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  10. First visit by quadriga to Athens leaves series of issues unresolved

    EconomyProgramme

    The first visit of the quadriga mission chiefs to Athens after the signing of the third bailout programme in mid-August lasted three days from October 21 to 23 and came to an inconclusive end. The first and probably the only key positive outcome so far came from the Greek Finance Minister Euclid

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