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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek PoliticsA Eurogroup meeting that will potentially be decisive for the conclusion of Greece’s bailout review is due to be held on May 9 but it is still not clear how Athens and its creditors will arrive at an agreement on the process of defining the extra 2 percent of GDP in standby measures needed
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Delays in concluding programme review are credit negative for Greece, says Moody’s
EconomyIn its latest comment on Greece included in the weekly credit outlook of May 2, Moody’s notes that the delays in the country’s bailout programme review are credit negative since they increase the risk of a liquidity squeeze and prevent any discussion on debt relief. The delays are caused
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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politics, there seems to have been progress in agreeing how the extra 2 percent of GDP in contingent fiscal measures
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Tsipras upbeat after vote, Eurogroup but deal details may still present problems
PoliticsGreek Politicshaving to vote on another 2 percent of GDP in fiscal measures under great time pressure. It would also
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Unemployment rate slips to 24.2 pct in February
EconomyMacroeconomybe more than 70,000 in the same period. The unemployment rate among men was trimmed by 2 percentage
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Stournaras calls for lower primary surplus target, debt relief measures
PoliticsGreek PoliticsSpeaking at a conference of the Confederation of Northern Greece Industries (SBEE), the Bank of Greece (BoG) governor Yannis Stournaras suggested on Friday that Greece’s primary surplus target of 3.5 percent of GDP in 2018 should be lowered to 2 percent. Stournaras stressed that a lower fiscal
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With review completion in sight, which way next for Greece?
Agoraparliamentary debate on the pension and income tax reforms – worth 2 percent of GDP – but all voted
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammereduce gross financing needs and the debt ratio by around 7 and 25 percent of GDP respectively by 2060. 2
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A Eurogroup deal that might be hard to stomach
Agoragoverning council is expected to decide on June 2 to reinstate the waiver on Greek government
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Net profit of 87 mln for NBG in Q1
EconomyBanking2 billion to 20.8 billion in mid-May. The latter is split into ELA funding of 11.2 billion and ECB
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