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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeexpressed an interest in a 66 percent stake in Greece’s natural gas transmission operator DESFA... of the key demands of Greece’s adjustment programmes from the start in 2010 but also one of the biggest... of discontent generated in part by what the public perceived as a firesale of Greece’s crown jewels
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Rating agencies concur in improved prospects for Greece
EconomyThe June 15 Eurogroup agreement that concluded the protracted second review of Greece’s programme..., for the country. Moody’s was the first to update Greece’s creditworthiness in its scheduled review... rating upgrade over the next 12 months. Last week, it was Fitch’s scheduled review that upgraded
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The flag of permanent defeat
AgoraThere was something impressive about Prime Minister Alexis Tsipras’s appearance at the Thessaloniki... their government’s economic agenda in an annual routine that is as dull as it is outdated - and told...) and roughly five times as long as interim premier Lucas Papademos. It’s interesting that it has taken
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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsto Athens by the institutions continued on Wednesday, amid suggestions that the coalition’s hopes... journalists in the Greek capital that the government’s aim is to complete the review as quickly as possible... is considered easier than previous inspections by the creditors. The official’s comment, though, indicates
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China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
AgoraThis is the final of three articles in which the author analyzed China’s investment, lending...’s ‘Gateway to Europe’ via the Port of Piraeus in Greece. The second part looked at China’s emerging... piece places China’s activities in the region in the wider strategic context of challenges
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Athens waits to sound out IMF, PM moves on from vote
PoliticsGreek PoliticsIn the wake of Tuesday’s testing vote in Parliament on the gender change bill and ahead of Prime Minister Alexis Tsipras’s visit to Washington next week, the government has some time to take stock... its stress tests for Greek lenders next spring. The IMF’s upward revised growth forecast for 2018
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Greece's open floodgates
Agora. Among the main ones are that Western Attica is home to some of Athens’s poorest and most deprived... by successive governments in their search for savings to meet the bailout’s fiscal targets. In 2009... the area should have been a consistent part of the capital’s infrastructure works for the last few
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Mitsotakis bids for nation's soul, Tsipras ramps up handouts
PoliticsGreek Politicswas speaking at New Democracy’s 11th party congress on the outskirts of Athens, which was seen... extended an invitation to voters who backed SYRIZA in 2015 to turn their backs on Tsipras’s party... it will be for the country.” The opposition chief also accepted that New Democracy had contributed to many of Greece’s
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European Commission keeps DSA broadly same, stresses need for relief
EconomyProgrammeof the third review at Monday’s Eurogroup includes the updated Debt Sustainability Analysis (DSA) put together by the European institutions. The last DSA was issued along with the second review’s Compliance... of Greek public debt.” The main parameters in the Commission’s baseline scenario remain broadly
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Aegean tension presents Tsipras with urgent domestic, foreign policy challenges
PoliticsGreek Politicsin the tension between Athens and Ankara was the Turkish Foreign Ministry’s response to the European Commission’s latest report on Turkey’s EU membership prospects. The Commission paper had noted Ankara’s... a foreign policy action – it is not like raising a flag at one’s home,” he said in an interview
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