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Coalition plays down sub-tranche delay, opposition steps up pressure
PoliticsGreek Politicsthat the disbursement of the remaining sub-tranche would take place by the June 15 deadline, which... framework at the June 21 framework but it now looks increasingly likely that this will not satisfy... is on a sustainable path and this aspect of the deal on June 21 could prove costly for the country
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammethe Eurogroup meets on June 21. Regarding the timing of the agreement, Lagarde, European Commission... that they are hopeful a deal can be reached by June 21. Speaking to Euro2day.gr, Dombrovskis outlined what... will be much clearer on June 21 when there is a Eurogroup meeting.” Germany’s Suddeutsche Zeitung reported
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After reaching name settlement, Skopje and Athens face more hurdles to ratify deal
PoliticsForeign Policyin June. The Greek government will write to the EU and NATO to say that it encourages the start... Makedonija – Republic of North Macedonia. The Council of Foreign Ministers (25-26 June) and the European Council (28-29 June) are subsequently expected to send positive signals regarding North Macedonia’s
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Commission sets out parameters for post-programme enhanced surveillance
EconomyProgramme) agreed at the June 21 Eurogroup will be implemented. “These profits will be transferred to Greece in equal amounts on a semi-annual basis in December and June, starting in 2018 until June 2022
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomythe Labour Ministry’s Ergani database for June showed that there were 33,620 more hirings than departures during the month, the second highest balance recorded for the month of June since records began in 2001. Compared to June 2017, the balance was lower by 6,979. On an aggregate basis
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Effort for Greece and Albania to resolve diplomatic differences goes on back burner
PoliticsForeign Policywith Albania, even though Foreign Minister Nikos Kotzias in June declared that he would resolve... puts the brakes on an agreement that has been at the core of bilateral talks since June 2016, when... since the decision for accession talks with the EU may be made next June. Given that Athens cannot
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Central government debt rises to 345.38 billion in Q2
EconomyMacroeconomyat the end of June. A breakdown of the composition of borrowing for the first six months of the year..., the outstanding amount of the IMF loans to Greece stood at roughly 10.8 billion at the end of June... figure, respectively. Greece’s cash deposits grew to 13.08 billion at the end of June from 12.33
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Deposits inflows reach 840.6 mln in July driven by time deposits
EconomyMacroeconomyof 840.6 million in July, albeit falling from inflows of 1.36 billion in June, Bank of Greece (BoG..., while time deposits rose by 408.4 million, increasing compared to June’s figure of 243.6 million... brings the total for central bank funding to 13.02 billion euros for the month compared to June’s
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Retail turnover in July up by 4 pct as volume rises 2.5 pct
EconomyMacroeconomyGreece’s retail sales index increased by 4 percent in July after June’s figure was slightly revised... by 2.5 percent, growing from the rate of 1.7 percent noted in June. As with the retail index... rose by 1.5 percent month-on-month to 75.7 from 74.5 in June, while volumes rose by 1.4 percent
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomyin June, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last... continued to fall. There were 13,232 fewer unemployed people in July compared to June, a drop of 1.5... 4.8 million in June. The inactive population stood at 3.24 million, increasing by 42,415 month
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