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Reform proposals to define size of Tsipras's task in keeping party on board
PoliticsGreek PoliticsPrime Minister Alexis Tsipras’s effort to keep his party on board with the terms of the agreement at Friday’s Eurogroup begins in earnest on Monday when lenders are due to examine the government’s initial reform proposals, which are due to form the basis for the four-month extension. The Financial
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeWith a letter sent to Eurogroup President Jeroen Dijsselbloem on Monday evening, the Greek government detailed the reforms it aims to start implementing over the next four months. Although the three institutions (European Commission, the ECB and the IMF) have commented yet on the list, an EU source
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Sharp rise for Greek consumer confidence in Feb, economic sentiment also up
EconomyMacroeconomy, that the other four business indicators deteriorated in February for the second straight month
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As coalition prepares first draft laws, Tsipras may avoid Parliament vote on extension
PoliticsGreek PoliticsThe government appeared on Friday to be leaning towards not submitting the four-month extension of Greece’s loan agreement to Parliament for a vote. Speaking on Friday morning, ahead of a vote in German Parliament on whether to extend the agreement, State Minister Nikos Pappas said that no decision
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Public support for coalition still strong but Tsipras walks fine line with party
PoliticsGreek PoliticsIn setting out his government’s first pieces of legislation on Friday, Prime Minister Alexis Tsipras failed to dispel doubts about whether the government would bring the four-month extension of its loan agreement to Parliament for approval. There was growing speculation on Friday that Tsipras would
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyTwo of the four bills that the government plans to table in Parliament this week relate to the settlement of unpaid tax and social security contributions as well as the protection of primary residencies. Alternate Finance Minister Nadia Valavani gave a press briefing in mid-February outlining
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Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
EconomyMacroeconomyfor an amount of 5 billion euros. The respective BoG letter to the ECB concerned the four systemic
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Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
EconomyMacroeconomynumber. This is the slowest increase over the last four months. Note though that just 15.7 percent
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Newsletter 18 - 06/03/2015
billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion
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Wages index rises at slower pace of 1.4 pct in Q4 2014
EconomyMacroeconomyThe seasonally adjusted Wages Index advanced, albeit at a slower pace, for the second consecutive quarter in the fourth quarter (Q4) of 2014, when it rose by 1.4 percent from 2.1 percent in Q3, according to the Hellenic Statistical Authority (ELSTAT). This was the third positive reading in the four
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