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Opposition tries to pin government down over last year's Plan X
PoliticsGreek PoliticsMinister Alexis Tsipras in May 2015 after six weeks of work in secrecy by a team of experts led... public has interest any longer in what Varoufakis may or may not have done unless
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomyof 1.07 billion euros in June from 183 million in May, Bank of Greece (BoG) figures showed on Wednesday..., more than triple from May figure of 556 million. As a result, the absolute figure reached.... It is worth noting that gg deposits edged up to 9.43 billion in June, from almost 9 billion in May
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomy0.85 percent in May, Bank of Greece (BoG) data showed on Tuesday. This was the first uptick, albeit... low it recorded in May and stands almost 30 bps higher than the eurozone average rate of 0.57 percent... by 1 bp in May. The slight rise in the average loan rate coupled with the marginal drop
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Tsipras braces for SYRIZA congress, weighs up reshuffle options
PoliticsGreek Politics. However, wanting to conclude the review quickly and actually doing it may prove two separate things. Some government officials, for instance, told local media that the lenders’ inspection may drag... of the situation. Tsipras, though, is clear that he may have to concede ground to the Fund if he is to wrap things
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Obama emphasises need for debt relief in Athens but Berlin keeps expectations low
PoliticsForeign Policyit clear that this may not be the view of all his fellow eurozone finance ministers. This appeared... Steffen Seibert also emphasised that Berlin is not willing to move outside of the contours of the May... in May on a timetable on exactly that subject .. regarding measures for the short term, and later
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Greece, lenders inch forward after talks on settlement of tax and bank debt
EconomyProgrammebe written-off. According to Economy Ministry sources, one or two meetings of the technical delegations may... by the end of the year. This ruling may pave the way for similar judgments in the future since a large number... have to be retroacctively adjusted as of May 21, 2015. Following this ruling, the Finance Ministry
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Newsletter 96 - 18/11/2016
on the debt issue beyond what was set out in the May Eurogroup statement. Moreover... on Thursday. Athens, though, did not give up its hope that it may be able to push for something more than... coordination. As the US is the single-largest shareholder in the IMF, European creditor institutions may
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Mitsotakis renews appeal to PASOK and Potami for joint drive
PoliticsGreek Politics-Independent Greeks as opposing them and peddling populist rhetoric instead, there may be pressure... threshold for electing MPs in the latest opinion polls. This may make the prospect of an alliance with New... against the coalition, an alliance with PASOK and Potami on a reformist platform may also help
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Newsletter 97 - 25/11/2016
. “Ah, but support for the euro in Greece remains strong,” may be the counter-argument... recent survey on the subject by Greek polling firm Public Issue. A poll published in May indicated... (as promoted by German Finance Minister Wolfgang Schaeuble) is still on the table, the odds may change
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politicsfor a “spirit of compromise” in the coming days but admitted that the December 5 Eurogroup “may.... “The IMF will probably ask “How committed are you to doing that?,” which is a fair question. “Some may want to go faster, some may not want to go forward at all, then I’ll push them a little. We will move
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