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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflects an improvement in the surpluses
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammefinance ministers during the EFF, with some serving as little as a few weeks. The continued deep recession
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Athens waits for move from lenders to get review going
PoliticsGreek Politics, perhaps waiting to gauge the situation in person when Alternate Finance Minister Giorgos Houliarakis takes
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Unemployment rate stable at 23 pct in November
EconomyMacroeconomyin the Aegean Islands. The latest estimates of the Finance Ministry (MoF), the European Commission (EC
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek PoliticsIt appears that Greece’s lenders are set to make an attempt to break the deadlock in the bailout review before a cycle of elections in a series of eurozone member states, starting with the Netherlands in March, begins. Finance Minister Euclid Tsakalotos is heading for a meeting with representatives
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Stocks fall for fifth straight week, edging down 0.8 pct
EconomyFinance Minister Euclid Tsakalotos, Eurogroup President Jeroen Dijsselbloem and the institutions
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Lenders' proposal not yet enough to convince Athens, banish snap poll option
PoliticsGreek PoliticsAthens did not hide over the weekend its disappointment with the proposal made by the institutions on Friday but still appears focussed on trying to get a deal it considers politically viable. Both Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos hit out at the lenders when
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Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
PoliticsGreek Politicsnight, Finance Minister Euclid Tsakalotos suggested that the Greek government has to maintain a tough
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Greece cleared arrears of 3.1 billion in 2016
EconomyMacroeconomyThe Greek government cleared arrears to the private sector of 565.6 million in December, according to figures published by the Finance Ministry (MoF) on Monday. As a result, the total amount of payments for general government (gg) arrears clearance stood at 3.13 billion in 2016. This figure relates
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomyand the IMF point to a strong recovery of 2.7 percent for 2017. The Finance Ministry also expects
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