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Institutions prepare for Athens return, completion of fourth review
EconomyProgrammesubmitted by Tsakalotos at the meeting in the Bulgarian capital, ticking off one of the key... Stability Mechanism to be activated. This point seems to be one of the biggest hurdles that has to overcome
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Tsipras and Mitsotakis take messages abroad but face disquiet at home
PoliticsGreek Politicswith investors over the past few days and sources close to the prime minister indicated that one of the goals... and Defence Minister Panos Kammenos claimed that an attempted attack on one of his MPs offices by hooded... a common theme of the government’s criticism of New Democracy and is aimed at both putting off moderate
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Mixed picture for government after first day of talks with creditors
EconomyProgrammesources, the issue of calling off next year’s pension cuts was raised. The Greek side reportedly set out... Commission was the only one of the three European lenders that had so far indicated a willingness... not to create concern among investors. Banks Bank chiefs also met with the mission chiefs on Wednesday. One
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ND defends economic pledges as Kammenos repeats walkout threat
PoliticsGreek Politicsof this week, but observers also have one eye on the turmoil that could be caused by the Macedonia name issue... started recovering from the crisis by easing the burden on the worst off and restoring the rights... of the plan announced by the opposition leader. One of those concerns his plan to hand over control
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SYRIZA eyes gains from case developing against ex-defence minister
PoliticsGreek Politics. On the flipside, New Democracy leader Kyriakos Mitsotakis also knows that this is one of his party’s... the party responsible for the country’s economic woes. This is one of the reasons... of being in the pay of investor and activist George Soros. Tsipras has fended off these calls so far
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New details reveal what may have led to discrepancy in Athens Airport concession price
EconomyFeatureseuros after the European Commission becoame involved. The 20-year extension represents one of Greece’s major privatisation projects. The current concession ends in 2026 and the new one is due to run... for the concession to be lenghtned. DG Comp will then have to sign off. The contract is expected to be ratified
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APS option to help banks with bad loans seen gaining ground
EconomyBankingand Eurobank by 47 percent. The market turbulence was set off by the banks’ semi-annual results... It appears that the preferred solution will take the direction of an APS, similar to the one recently... with governments looking to provide insurance against losses from non-performing assets. One of those
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Newsletter 196 -01/03/2019
culture in Greece," he concluded. Taking steps to restore the banking system to good health is one... at the end 2018 was “somewhat above the authorities’ one-to-three replacement rule, and the numbers of some... the figure that Greece had before the crisis kicked off. Alongside the second post-surveillance
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgramme. Equally, overturning the decision to scrap public sector bonuses will have a one-off impact of 2.4 billion... payment culture in the country. Banks The banks remain in the IMF’s view one of the main
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesa pipeline stretching over 2,000 kilometres, from 170 kilometres off the southern coast of Cyprus, via Crete... the weight of expectations for peace and prosperity in one of the world’s most unsettled regions. To date... abandonment of its earlier rapprochement with Turkey. While Egypt is currently a gas importer, one
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