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Greece fell two places to 60th in Doing Business ranking, World Bank says
Economy, which has been revised to 68.30. The ranking was adjusted to 58th place. Greece’s remained in 27th... (79th) is the area where Greece’s position has fallen the most. It declined 8 spots from last year’s 71st place. Greece’s ranking has also dropped by 4 spots in Starting a Business (54th), by 3 spots
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ND moderates catch some flak, suggesting delicate party balance
PoliticsGreek Politicsclearly has to engage in the battle of ideas, more than it ever has in the past,” wrote Hatzidakis. “We... be based on a lottery and not who has the top marks was interpreted by the conservatives... the left has governed, under any guise, the result for people was the same: Destruction, poverty
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Government's foreign policy under scrutiny again following actions by Egypt and Turkey
PoliticsGreek PoliticsOver the past few weeks, Prime Minister Kyriakos Mitsotakis has sought to counter criticism of his... openness to dialogue and cooperative negotiations. This incident has reignited a domestic debate in Athens... government has remained officially silent, opposition figures quickly criticised the incident. A SYRIZA MP
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammefiscal impact of around 1 billion. Privatisations We believe the Finance Ministry has revised... of the General Secretariat of Public Revenues (GSPR) and freeing it of interference, which has been... independence of the Hellenic Statistical Authority (ELSTAT). We believe that Athens has indicated
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Leaked IMF exchange sours mood before bailout review resumes
PoliticsGreek Politics3.5 percent, and more debt relief from the eurozone. The exchange, which has not been confirmed...” (implying Greece running out of money in July when it has 4 billion euros in debt repayments... in order to secure a deal suggested that Tsipras has no intention of trying to play down the seriousness
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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek Politicsof GDP in measures (3.6 billion euros) now as this may kill off any hopes it has of convincing its... dramatic call to European Council president Donald Tusk, is an indication that Athens has not given... to reach a deal. It also served to add to the drama of the situation, which has been heightened
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Pause in review talks, leaving most difficult issues to be tackled
EconomyProgrammea statement noting that “important progress has been made on a balanced fiscal package for the post... spokesman Gerry Rice stated during a regular press briefing that “there has been progress in some... 2019 and the latter from 2020, although this has not been resolved yet as the government would like
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Fiscal surplus back in focus ahead of IMF debt discussions
PoliticsGreek Politicsand Alternate Finance Minister Giorgos Houliarakis, who will also travel to Washington. There has been... the target in 2018. It should also be pointed out that the IMF has had a longstanding view... of the missions to Athens next week, was that this issue has now been settled and that the lenders
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economybehind all agencies. However, it has not taken any ratings action since February. Fitch believes... notes that with an average debt maturity of 19 years Greece already has one of the longest maturity... dependency has dropped from 90 billion in 2015 to just 8.4 billion in July. Capital controls were
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SYRIZA looks to eat further into ND's poll lead in final week of campaign
PoliticsGreek Politicsbe re-assessed based on the prevailing conditions. It has not all been plain sailing... Minister Tassos Petropoulos noted that the 13th pension is not a benefit and, as such, has to be taxed. Opinion polls Three opinion polls published over the weekend suggest that New Democracy still has
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