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Newsletter 104 - 27/01/2017
to be complicated by the IMF’s debt sustainability analysis (DSA), which will be presented to the Fund’s board... serious concerns about the sustainability of Greece’s debt, suggesting that without a more... participant in the programme. Under the IMF’s baseline scenario, the Greek debt-to-GDP ratio is seen
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Newsletter 105 - 03/02/2017
Govt may accept upfront legislation All eyes on Monday’s meeting of IMF executive board A decisive...’s executive board on Monday. That is when IMF officials will examine the Article IV report on Greece... towards Monday’s meeting. If there is a sign from Washington on Monday that the IMF will remain fully
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Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgrammein IMF’s debt sustainability analysis (DSA) and ex-post evaluation report. Tsakalotos stressed... of the Greek economy,” while Stournaras concluded that “the IMF’s long-term projections seem to have..., with the primary surplus estimated at close to 2 percent of GDP, is not incorporated in the IMF’s
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Athens in search of counter-measures to secure MPs' support for potential deal
PoliticsGreek Politicsof the medium-term debt relief measures so access to the European Central Bank’s QE programme is guaranteed... Nikos Fylis has also publicly questioned the government. Prime Minister Alexis Tsipras’s hope... take with regard to Greece’s fiscal data for 2016. Athens insists that the large overperformance
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New attempt to get Cyprus talks back on track
PoliticsForeign Policyreferendum on the island’s union with Greece (Enosis) in public secondary schools was "counter-productive.... Nicosia has so far resisted these calls as this may seem like an intervention in the Republic’s... in Cyprus’s exclusive economic zone (EEZ). These projects "could determine the future of Cyprus’s
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Concerns over energy deregulation add to challenges Tsipras faces
PoliticsGreek Politics’s electricity production units in order for the review to close after originally hoping that it would get more time to reduce the state-owned company’s market share through NOME auctions. This represents a significant turnaround on the government’s part and it has not been met with universal
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PPC: The struggling electricity giant dominating bailout talks
EconomyFeaturesthat PPC’s retail and wholesale market share should be reduced by 20 percentage points by 2017... via the NOME auctions In addition, law 4389/2016 and the decisions of the government’s Council for the Economic Policy (KYSOIP) have determined PPC’s market shares in the retail market at 87.24
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With review set to resume, Tsipras looks for post-deal strategy
PoliticsGreek PoliticsFollowing the Easter break, the Greek government’s attention will be on two main issues: Completing... Minister Alexis Tsipras hinted at the government’s strategy in comments before last week’s cabinet... and was involved in a low-key rebellion at the recent meeting of SYRIZA’s central committee. Other
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Review set to resume in Athens as debt talks drag on
PoliticsGreek Politicsat the sidelines of the IMF’s Spring Meetings in Washington last week that convergence has been... the country’s debt sustainable, which the European Central Bank would consider enough to make Greek bonds... remains unsettled, doubts about the IMF’s final decision on whether to take part in the Greek programme
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Tsipras focuses on debt relief goal as review resumes in Athens
PoliticsGreek Politicsto strongly defend his government and the agreement it appears to have reached with the country’s lenders... of a joke” but should be seen as serious measures to improve Greece’s welfare and to reduce the burden on taxpayers, such as the reduction to the ENFIA property tax. Tsipras’s message to pensioners
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