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Loose ends to tie up on prior actions as lenders head back to Athens
PoliticsGreek PoliticsHaving got through the parliamentary debate and vote on the first set of prior actions Greece has to carry out this autumn without any major problems, the government now begins the potentially more complicated task of reaching an agreement with its lenders. The representatives of the four
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Greece changing direction on energy policy, warms to US-backed projects
PoliticsForeign PolicyFollowing a meeting with his Bulgarian counterpart Daniel Mitov in Athens on Wednesday, Foreign Minister Nikos Kotzias commented that “the world is changing and energy sources are changing,” which appears to be confirmation of the Greek government’s switch in energy policy. Greece now seems willing
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Final structure of bank recap taking shape, cautious optimism for outcome
Economyreports also indicate that bankers are now more optimistic about managing to cover their capital
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economy. As a result of the interim target revisions, the 9-month primary surplus is now 1.8 billion above
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ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
Economycollateral values and cash flow valuations. Greek banks are now required to submit by November 6
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Greece most socially unjust country in EU, study finds
Society. With 36 percent of the total population is now at-risk-of poverty or social exclusion, the report found
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In Erdogan's shadow
Agora, the Greek premier held off from approaching the now-omnipotent Turkish leader during recent months
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
EconomyIn its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June. Greek GDP is now expected to contract 1.4 percent
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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomyIn its latest economic forecasts published on Monday, OECD revised downward its GDP estimates on Greece and is now expecting a recession of 1.4 percent in 2015 and 1.2 percent in 2016. In its previous estimates in early June, the OECD projected a growth of 0.1 and 2.3 percent respectively. The OECD
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Unemployment down for second straight month in August, falls to 24.6 pct
EconomyMacroeconomyestimates now calling for a milder recession of 1.4 percent in 2015 from 2.3 percent before. The OECD
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