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IMF sticks to reform, debt relief demands as programme role remains in doubt
EconomyProgrammerekindled interest in what stance the IMF will take regarding the Greek programme. Lagarde issued a brief... creditors will present the debt-growth mechanism as a tool that will guarantee the sustainability of Greek... building up the cash buffer, which Greek government officials have said is likely to be between 18 and 19
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Newsletter 150 -26/01/2018
” instead of “Alexander the Macedonian National Road.” Greek Foreign Minister Nikos Kotzias indicated... that Greek authorities have been investigating the company’s activities. Novartis has also been.... But the timing of the news that politicians may be implicated in the Greek case caused some eyebrows
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicslow debt servicing cots until 2032 and manageable ones after that. “Greek debt is now sustainable... brushed off concerns expressed by the Hellenic Federation of Industries (SEV) about the increase... exited its bailout. The Greek leader insisted that wage increases would help the economy
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No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
EconomyProgrammeThe latest indications received by the Greek government from its lenders suggest that a final... at the meeting of eurozone finance minister on November 5. But several reports in the Greek media on Tuesday... the draft budget to Greek Parliament on October 1, and then to the European Commission two weeks later
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SYRIZA eyes gains from case developing against ex-defence minister
PoliticsGreek Politicsin custody on Tuesday, could have a significant impact on Greek politics ahead of the next elections... that the Greek crisis came about as a result of previous governments only being interested in serving...’ image, opinion polls suggest that there is still as sizeable part of the Greek population that holds
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammeThe Greek government wasted no time following the conclusion of the Eurogroup on Tuesday... in 2019,” he said. It’s the third year in a row this happens. This shows that the Greek authorities... of the profits from Greek bonds made by the European Central Bank and other eurozone central banks (ANFA
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PM hopes North Macedonia visit, debt relief decision will provide lift
PoliticsGreek Politicsthat there is an agreement in place for the Greek air force to patrol North Macedonia’s air space, with the backing... is unlikely to be under any illusions that his visit to Skopje, the first by a Greek prime minister... that the deal will also damage the trade interests of Greek companies due to firms in North Macedonia
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Athens warned about missing fiscal targets rather than changing them unilaterally
EconomyProgrammepositive measures adopted. Regling, however, stopped short of suggesting that the Greek government’s... is no longer in a programme so it is for the Greek authorities to decide on the design of their tax... the lenders that the expansionary measures adopted by the Greek government may lead to this year’s
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeGreece’s fifth enhanced surveillance review formally kicked off on Wednesday when the mission chiefs started their meetings with the Greek authorities, following a week of preparatory work... that relate to the core policy framework of the Greek government, the reduction of taxes. Finance
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Greece, Turkey launch new round of talks as Libya sea deal casts shadow
PoliticsForeign Policy), including an area off southern Crete. Additionally, Turkey’s maps show Crete as having a limited effect..., Greek objections are expected to achieve only limited results. CBMs In the meantime, Athens continues to seek the appropriate balance in Greek-Turkish relations, hoping to ease tension but also make
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