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Greek austerity programme compromising some basic rights, EU Parliament report finds
Societyguaranteeing a basic pension of 360 euros a month, an amount that may be reduced if economic performance... of cases to the courts, the measures may have hindered “citizens’ right to access to justice, especially
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
EconomyIn an unexpected move on Friday evening, Fitch Ratings downgraded Greece’s long-term Issuer Default Ratings (IDRs) by three notches to ‘CCC’ from ‘B’. The scheduled rating review was on May 15... but their asset quality is weak and may deteriorate further within the year. Although it is not its expectation
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Much ground to cover as Greece, lenders prepare to resume talks
PoliticsGreek Politicsnot rule out the possibility of an extra Eurogroup being held between April 24 and May 11 to examine... the possibility of a deal even being reached by May 11. While the Greek government says it is hopeful
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New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomybelow the 1-billion mark since May 2014. The aggregate figures for the first quarter (Q1) of 2015... million. The regular process for tax settlement, which runs until May, started one week ago. According
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Tsipras steps in amid concern deal with lenders slipping away
PoliticsGreek Politics, told the SYRIZA-affiliated newspaper Avgi that the coalition would need to reach a deal in early May... the conditions are in place for funding to be released following the next finance ministers’ gathering on May
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Greece prepared to move on pension, labour reforms but details to be decisive
PoliticsGreek PoliticsA joint statement by European Commission President Jean-Claude Juncker and Greek Prime Minister Alexis Tsipras on Wednesday may prove a pivotal moment in the new government’s relationship with its... be expected is for progress to have been made by the May 11 Eurogroup and for eurozone finance ministers
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Athens Stock Exchange erases losses made since elections as mood improves
Economythat they are working hard to achieve concrete progress by May 11 Eurogroup alleviated previous concerns stemming... by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed
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Greek DSA: Don't Say Anything about the debt
Agorathe Fund. "But maintaining the program primary surplus of about 4 percent of GDP for several years may... with the first gust of wind. On May 9 five years ago, the IMF's board met to approve the first Greek
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammehave settled tax arrears of 3.5 billion euros until May 22. The settlement process, which started... reached 245 million euros by May 8. The ministry aims to collect an additional 417 million by the end
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How Greek banks can balance on the collateral tightrope
Agoradecided on May 12 to lift the ELA cap for Greek banks by 1.1 billion to 80 billion. Banking sources..., meaning that deposit outflows topped a similar amount in the first two weeks of May. Collateral
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