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Tight schedule ahead for Athens and lenders in build-up to MoU exit
EconomyProgrammeThe Greek government has denied that Athens and the institutions are considering extending... Stability Mechanism still has 37.1 billion euros of funds available for Greece. The final disbursement... the outstanding issues. The Finance Ministry, though, denied that any discussion has taken place
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Still facing pile of bailout tasks, Athens looks ahead to post-MoU actions
EconomyProgramme, the coalition seems confident that there will be no significant problems in the months ahead and has... and reform targets, that support has to be provided to the middle class, that the country will not return... that the two developments that the coalition expects almost immediately after the programme has been
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Greece's immediate focus on prior actions and growth plan
EconomyProgrammeMinister Alexis Haritsis, who oversees the use of EU funds, has managed to reverse this trend... has a competitive advantage, while EU structural funds will be used to fill the gap in the markets until the banking system is fully recovered. Haritsis noted that Greece has already absorbed 25
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Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
EconomyFeaturesare conducted virtually, on the electronic platform that has been set up for that purpose...-austerity agenda, has lodged a legal complaint against the electronic auctions, arguing... Katseli-Stathakis law. Prime Minister Alexis Tsipras has been outspoken in defence of the need
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Much ground to cover on prior actions despite privatisation progress
EconomyProgramme, the return of ANFA and SMP profits has been discussed, as has the purchase of the loans made to Greece..., or GLF, loans that Greece has to repay from its first bailout. The total of GLF loans stands at 52... privatisations it has targeted for this year. “The period until June is a quite critical one, which
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Aegean tension presents Tsipras with urgent domestic, foreign policy challenges
PoliticsGreek PoliticsBaltadouros, the flag incident clearly caused high anxiety within the coalition, which has been struggling to find a way to respond to the ratcheting up of tension by Turkey. The government has also been... to find a way to prevent the escalation of tension has opened up the coalition to increasing criticism
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Elections and possible alliances on political agenda again
PoliticsGreek Politicsto the waste of public funds in the past,” said Pappas. This is the latest occasion on which SYRIZA has.... The speculation about the two parties cooperating has been building since Gennimata was elected as KINAL... politicians, such as former PASOK leader Evangelos Venizelos. However, Gennimata has tried to tread
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Centre-left leader adds to calls for snap elections
PoliticsGreek Politics), to call for snap elections has taken some observers in Greece by surprise but is in keeping... of centrist To Potami, Stavros Theodorakis, has in the past opposed the idea of snap elections... that New Democracy has already worked on a plan that can deliver growth of 4 percent between 2019 and 2021
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OECD report outlines steps to reduce burgeoning poverty rate in Greece
EconomyMacroeconomyfor pensioners has fallen. Child poverty has also more than doubled since 2009, posing significant risks... for calibration of social spending and an improved focus of protection. Greece has a rather sizable social... that the economy in the denominator has lost 25 percent. The European Commission anticipates that pension
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Pension cuts due in 2019 fuel political battle, election talk
PoliticsGreek PoliticsCommission reiterated this point in its spring forecasts. The International Monetary Fund, however, has..., there has been speculation about whether the government might find a way to avoid implementing... by the fact that New Democracy has started to focus on next year’s reductions as part of an overall strategy
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