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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politics. In its attempt to manage the message getting out to voters, the government has tried to shift... vote. New Democracy is sticking to its line that Prime Minister Alexis Tsipras has agreed a fourth memorandum with the lenders but without securing any funding. The local media, meanwhile, has focussed
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Athens blocks EU statement on China amid growing economic ties
PoliticsForeign PolicyAthens has blocked a European Union statement at the United Nations that aimed to strongly... statement was due to the “unconstructive criticism against China.” The same source has underlined... that Athens has expressed scepticism about the way the EU has criticicised the human rights record
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Coalition's judicial wranglings provide opposition with line of attack
PoliticsGreek PoliticsThe government has recently become embroiled in another clash with Greece’s judges and prosecutors... by French and German authorities. The decision could also mean that the government has to return millions in tax revenues and penalties it has collected from checks on tax cases that fall
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Newsletter 127 - 14/07/2017
Mechanism. The transfer of the latest bailout tranche means that Athens has 6.9 billion euros to cover... lenders to argue that Greece has made another step towards exiting the programme and returning... has to capitalise on the positive factors that have come together following the conclusion
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Bond issue decision expected as clock ticks down
PoliticsGreek Politicsthe government will try to tap the markets next week or, indeed, if it has time to issue a bond before... believes if it is going to return to the markets this month, it has to do so before the IMF takes... rumours that Athens has made up its mind to return to the markets now. Efimerida ton Syntakton
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Macron visit gives Tsipras chance to build ties, refocus
PoliticsGreek Politicsunder what has been a difficult summer for the Greek government, which struggled to get its message..., especially as he has been endorsed by New Democracy leader Kyriakos Mitsotakis. Athens also sees Macron.... It has also been suggested that Macron may be favourable to the idea of the International Monetary Fund
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Macron arrives in Athens, kindling government's hopes
PoliticsGreek Politicsreferenced ideas that he has set out before, such as the European Stability Mechanism replacing... to correct some imbalances in the euro area. However, while the creation of a European Monetary Fund has... of an idea to link Greece’s debt repayments to its growth rate and Macron has already shown that he
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Clean exit under discussion but course of third review holds key
EconomyProgrammeDimitris Tzanakopoulos reiterated the government’s desire to make a clean exit next year. This has... and the ability that Athens has to build up a cash buffer between now and August 2018, allowing... that was discussed at the June 15 Eurogroup. Greece has 6.6 billion euros of maturities in 2018 and just under
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Coalition looks to regain confidence, centre-left struggles with ballot
PoliticsGreek Politics. The government is also hoping that the other major investment project that has stalled, at the former.... The focus of his speech was on the need for fair growth, which would benefit workers. This has been a key theme for the coalition as Tsipras has embarked on his campaign to talk up the economic recovery
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Early banks stress tests offered as Greek programme compromise
EconomyProgrammereviews (AQRs) or not. The International Monetary Fund has insisted that these tests are needed... of February. There has been no immediate comment from the IMF on whether this would be deemed sufficient... banks has led to investor confidence being tested over the last weeks, causing Greek bank shares
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