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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek PoliticsThe Greek government seems intent on trying to forge a better deal with its lenders than the one proposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding... be willing to accept a compromise along the lines of the one proposed to Tsakalotos in Brussels last
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Tsipras tackles two fronts as debt talks continue
PoliticsGreek Politicsthe one made to Finance Minister Euclid Tsakalotos on May 22, alternative scenarios continue to abound... can expect from the next one. This gathering takes place in the wake of a meeting of SYRIZA’s
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What can Greece expect at the next Eurogroup?
Agorain one go. At least two sub-tranches are likely to be needed. An agreement in Luxembourg will also clear... all the eurozone member states are willing to back a deal similar to the one proposed on May 22
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Newsletter 122 - 09/06/2017
one third of housing, one fourth of consumer and just 3.5 percent of corporate NPEs. Greek banks
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New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
EconomyMacroeconomyincrease by 628 million in March, of which almost one fifth stemmed from VAT. The latter’s... categories with one third (1 billion) related to the four key taxes. Taking into account that tax
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Newsletter 121 - 02/06/2017
Eurogroup so that there can be a clear decision on the way forward, one that would dispel....” The government is pushing for a better deal than the one it was offered last month, particularly
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Newsletter 123 - 16/06/2017
in April, of which almost one fifth stemmed from VAT. The aggregate figure for the four-month period... slightly in Q1 The jobless rate fell by 1.6 percentage points compared to one year ago The non
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Greek media often sensationalised coverage of refugee crisis, study argues
Societyadded to the confused narrative surrounding how the crisis was dealt with. “On the one hand... that hostility towards migrants was high and nearly one in two Greeks had a negative view of Muslims
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Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
EconomyMoody’s upgraded Greece’s credit rating by one notch to ‘Caa2’ from ‘Caa3’ on Friday evening. It also changed the outlook to positive from stable, in its scheduled credit rating review. This is the first upgrade since January 22, 2016, when S&P upped the Greek rating by one notch to ‘B-‘, which
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Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
EconomyMacroeconomyperiod, down by around one quarter from last year, while overshoot target by 791 million. Revenues... slumped by around one third to 755 million, spot on target. Overall, PIB balance recoded a modest
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