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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyestimates due in June may point to a GDP growth below the 2-percent mark in 2017. Moreover, EC may also downwards revise its GDP forecast upon the release of its spring forecasts due in early May
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Fiscal surplus back in focus ahead of IMF debt discussions
PoliticsGreek Politicsapart from keeping negotiations on track so that a global deal can be secured at the May 22... for 2019 onwards, to be settled ahead of May 22. With regards to primary surplus targets after the end... in Washington. Furthermore, it has also provided Athens with hope that there may also be serious revisions
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Don't celebrate a French reconnection for EU just yet
Agoraof France during the first round. Le Pen may be destined for defeat now but she has a sizable base... for newcomers, who carry with them uncertainty about the way they may shape the political agenda... and learn a lesson from the Netherlands. Fighting the right-wing populists on their terms may
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After agreeing measures, coalition sets sights on vote and debt relief deal
PoliticsGreek Politicsreturned from his official trip to China. Tsipras is due back in Athens on May 16, which would... agreement may not be reached by the May 22 Eurogroup but “a few days” after that. Debt relief
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeevening. The 53-page document dated May 2 is broadly similar to a previous draft of April 23 that we... beyond 2018 will be decided at the next Eurogroup on May 22. Fiscal gap 2018 The fiscal gap of 0.3... the firm may submit a social plan including measures for redeploying or retraining workers
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeaturesfor Greece. Should the multi-bill be approved, as expected, the May 22 Eurogroup is due to discuss..., July 20 and September 7. A potential global deal at the next Eurogroup on May 22 or even on June 15... on bond prices from the recent positive news flow, such as the technical agreement clinched on May 2
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Court ruling on pension cuts more political problem than legal obstacle for govt
PoliticsGreek Politicsthat the court's ruling is purely advisory and that changes may be made to the legislation if deemed necessary... cuts. This may mean Prime Minister Alexis Tsipras and his ministers mounting another effort... Sunday. The vote on the multi-bill is due to take place next Thursday, May 18.
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Ahead of vote, Tsakalotos appeals to SYRIZA MPs with positive message
PoliticsGreek Politicsvote on the multi-bill, which appears on track to be held before the May 22 Eurogroup. Reports... be held on the evening of Thursday, May 18. It is possible the ballot will be held as late as Saturday, May 20, but not after that. With just a few days left until SYRIZA MPs are called upon to support
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The SEKAP case and extrajudicial debt restructuring
LegalThe law (N. 4469/2017) recently adopted by Greek Parliament, which was published on May 3... in question may be interpreted as introducing an illegal state aid measure according to the European.... Disclaimer All rights reserved. No part of this publication may be reproduced or transmitted
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Tsipras upbeat on debt relief prospects, lenders more cautious
PoliticsGreek Politicsemerging from Greece’s creditors is positive and that there are strong prospects for an agreement on May 22. He even joked that he may soon have to wear a tie, after promising in 2015 that he would do so... on Monday is to make progress. Athens hopes that if there is no deal on May 22, an agreement could
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