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Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Economyand creditors backing. The ongoing reform effort is slowly starting to bear fruit in the economy that has become... as of Q3 2018 compared to 22 percent back in 2010. Competitiveness has markedly improved and exports... in the labour market are starting to be reflected in strong employment growth, which has been running at 2
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammeThe third post-programme review, which was due to begin this Monday, has been postponed for a few... hopes it has done enough to get the green light from the Eurogroup on Friday. The legislation... reported on Sunday. However, the government has been quick to stress that Greece is the only European
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Extending Brexit: Reaching the Larry David moment of the saga
Agoraextension has not been ruled out. The extension was deemed necessary given the catastrophic... the Government is applying for extensions is that the Parliament has already rejected three times the Withdrawal Agreement that Theresa May has signed. The main stumbling block seems to be the infamous
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SYRIZA seeks to bolster post-MoU narrative with early IMF repayment
PoliticsGreek PoliticsRegling has already indicated that he would support Greece’s request. Although the early repayment... as it will strengthen SYRIZA’s argument that it has overseen the end of the bailout era and that even... committee of SYRIZA-Progressive Alliance, the grouping Tsipras has put together for May’s European
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Newsletter 203 -15/04/2019
though the measure has already been legislated. In the latest of his televised evening interviews... the tax-free threshold in the knowledge that he is unlikely be in power when the measure has..., just as it did with the pension cuts this year. The government and New Democracy, which has also vowed
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Mitsotakis attempts to outmanoeuvre Tsipras over lower tax-free threshold
PoliticsGreek Politicsbe part of the conservatives’ economic programme. Since then, though, the centre-right party has argued that it will negotiate with the institutions over the matter and has even enlisted the support... it believes is a weak link in the government as Polakis has attracted much negative publicity and has
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SYRIZA tries to build on "positive" measures but polls yet to register bounce
PoliticsGreek Politicsas the payment of what has been termed a 13th pension was approved by a wide majority in Parliament on Wednesday... that the economic recovery will benefit a wide range of society. “The time has come for the many... pension. Mitsotakis has accused SYRIZA of misrepresenting his views on labour issues and has argued
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Tsipras ramps up fiscal pledges as elections draw closer
PoliticsGreek PoliticsEven though his government has just adopted the latest package of fiscal expansionary measures... that another bonus for pensioners, similar to the one that has just been paid out, would be made... to complaints that the pension bonus which has just been deposited in retirees accounts is not a full
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Tsipras to get election campaign underway as parties target middle class voters
PoliticsGreek Politicsand the appointment of relatives as parliamentary staff. The left-wing party has already legislated the reversal...’s positive measures. However, much of the media coverage over the weekend has focussed on the fact... to 2,151 euros per year, according to Naftemporiki newspaper. The government has responded
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Athens approaches Albania's political crisis, EU process with caution
PoliticsGreek PoliticsAthens is closely following the political impasse in Albania, which has led to a clash between Ilir... and the ruling Socialist party has declared its intention to initiate the procedures for Meta’s... tensions through dialogue; but neither side seems willing to back off. Greece has avoided making any kind
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