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Review nears conclusion, parties turn to political future
PoliticsGreek Politicsmemoranda it has to sign following lengthy negotiations over the new measures with the institutions... with an increasingly dismissive and distrusting public. According to Kathimerini, Tsipras also has five other... as part of the first bailout review and has since inaugurated a committee that is examining changes
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Court ruling on pension cuts more political problem than legal obstacle for govt
PoliticsGreek Politicsthis sufficient for their purposes. The Greek justice system, including the Court of Audit, has ruled cuts to pensions and public sector salaries unconstitutional in the past during the crisis but this has not prevented the measures being adopted as political and economic necessity has led to the judgements
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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politics. In its attempt to manage the message getting out to voters, the government has tried to shift... vote. New Democracy is sticking to its line that Prime Minister Alexis Tsipras has agreed a fourth memorandum with the lenders but without securing any funding. The local media, meanwhile, has focussed
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Newsletter 121 - 02/06/2017
to borrowing with the ultimate goal of exiting the programme in the summer of 2018. There has been... (when Greece has 6.4 billion euros of debt repayments to make) without any deal at all, especially.... However, consumer confidence has dropped by 5.3 points since the beginning of the year, mostly
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Athens blocks EU statement on China amid growing economic ties
PoliticsForeign PolicyAthens has blocked a European Union statement at the United Nations that aimed to strongly... statement was due to the “unconstructive criticism against China.” The same source has underlined... that Athens has expressed scepticism about the way the EU has criticicised the human rights record
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ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek Politicsbillion euros at the end of May. Once it has done so, another 800 million euros will be disbursed... market access but also because it has come under increasing pressure from opposition parties at home. New Democracy has asked for parliamentary inquiries to be set up to investigate Defence Minister
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Coalition's judicial wranglings provide opposition with line of attack
PoliticsGreek PoliticsThe government has recently become embroiled in another clash with Greece’s judges and prosecutors... by French and German authorities. The decision could also mean that the government has to return millions in tax revenues and penalties it has collected from checks on tax cases that fall
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Newsletter 127 - 14/07/2017
Mechanism. The transfer of the latest bailout tranche means that Athens has 6.9 billion euros to cover... lenders to argue that Greece has made another step towards exiting the programme and returning... has to capitalise on the positive factors that have come together following the conclusion
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Macron visit gives Tsipras chance to build ties, refocus
PoliticsGreek Politicsunder what has been a difficult summer for the Greek government, which struggled to get its message..., especially as he has been endorsed by New Democracy leader Kyriakos Mitsotakis. Athens also sees Macron.... It has also been suggested that Macron may be favourable to the idea of the International Monetary Fund
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Macron arrives in Athens, kindling government's hopes
PoliticsGreek Politicsreferenced ideas that he has set out before, such as the European Stability Mechanism replacing... to correct some imbalances in the euro area. However, while the creation of a European Monetary Fund has... of an idea to link Greece’s debt repayments to its growth rate and Macron has already shown that he
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