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Greece rides the ghost train
Agoraalso allow it to repay the IMF early and reduce its short-term funding needs. Greece, the eurozone
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Greek pensions laid bare
Agorato SSFs serve a varied role. Aside from plugging funding holes in various pension funds, in 2014 the state
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Greek coalition braces for internal debate over agreement with lenders
PoliticsGreek Politics, as well as medium-term funding (on which Greece has made a proposal for an ESM-ECB swap), in his post
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomyor postponing other expenses in an effort to cover the external funding needs, mostly related to IMF payments
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Government sceptical about deal with lenders, PM with convincing to do
PoliticsGreek Politicsand tax hikes his government will have to take as the funding that will be released as a result
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The Greeks deserved better than this
Agoranot been willing to “play by the rules” or to make sacrifices in return for further bailout funding
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S&P lowers Greek long-term rating by one notch to CCC-
Economyimports such as fuel. Without Eurosystem funding, Greece payment system would shut down and its banks
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs
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An impossible choice
AgoraAs this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme. Equally, ministries across the euro area were considering the Tsipras
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammefuture funding requirements. On the key issue of debt, the letter notes that “Greece welcomes
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