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Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsin Brussels, Athens has revealed that it hopes to reach an agreement for lenders to release some.... It would also help him argue that he has pushed Greece’s creditors as far as possible without... the single currency. Dragasakis insisted during his TV appearance that the government has no intention
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Significant post-election economic challenges await Greek coalition
Economywith the implementation of strict austerity measures, has further eroded social cohesion.... review,” which is due in September. The government has reportedly assessed a plan incorporating... Credit to the private sector has been limited over the past few years. Credit expansion turned
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MP's departure ahead of multi-bill vote highlights pressure on coalition
PoliticsGreek PoliticsThe difficulties the government has in maintaining unity while also meeting its bailout commitments... down means that the government’s five-seat majority has not been affected. Alternate Administrative... of tolerance for disagreement within the party, which has lived with the friction between its various
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Tsipras bet on recovery a long shot but offers better odds than snap polls
Agorahas come, and the pain that has been felt by citizens, and the kind of measures that would be needed... lenders, and between the institutions themselves, there has been fresh speculation about what political... the New Democracy camp has become tedious, but it is a reflection of the conservatives’ belief
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An unfounded argument leaves Greece in limbo
Agora, the second review would be more manageable. The IMF believes that the measures that Greece has agreed... again. The latest programme review has been in limbo for over a month due to an ongoing dispute... any more austerity. The IMF has been vocal on this issue, with the most notable intervention coming
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Newsletter 139 -10/11/2017
and the domestic agenda moves away from issues that are closely linked to the measures Athens has... will “find the money” to support the tax cuts he has proposed. On Wednesday, in his first speech... (KAS) which centred on the environmental impact of the proposed development. KAS has objected
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IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
EconomyProgrammeThe International Monetary Fund has officially indicated that although it believes Greece should implement the pension cuts it has agreed for next year, it will leave it up to Athens and its European lenders to come to an arrangement over the 2019 budget. The Fund has gradually taken a backseat
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammethat Greece “has progressed well in implementing its specific reform commitments for end-2019... in the business environment. Greece also has a set of continuous commitments that include critically...-enhancing, agreed investments. For this year, Greece has committed to a 3.5 percent of GDP agreed fiscal
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Govt scrambles to prevent Covid-19 spreading further as holidaymakers return to cities
PoliticsGreek Politicssteps the government has to take. This comes after a new round of measures was adopted from Monday... measures The government also has to contend with the economic impact of the virus. As a result... morning. Greece has recorded almost 3,000 coronavirus cases in August and there is concern among
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politicsand public transport, has been cut back to the bare bones. During the last decade, Greece slashed defence..., as a percentage of GDP, spending on defence has remained at 2 pct of GDP or more throughout this period, well.... Reforms Mitsotakis also referred to his government’s reforms programme, although much of this has
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