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Minister proposes way forward for auctions as pressure mounts from banks, creditors
EconomyProgrammeAfter discussions with notaries on Wednesday, the Greek government has proposed a way of overcoming... its plans to wrap up the review as quickly as possible and could have negative consequences for Greek... the suggestions and take a decision on whether to call off their strike. Their verdict is expected
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Survey reveals working lives, job-finding trends of young Greeks
Societyof men working while studying was higher than that for women, and Greek citizens were notably more... percent said that they wanted to work rather than study, 13.2 percent were put off by the difficulty... saw it through to completion. This tended to be people who have completed tertiary education and Greek
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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeAgreement (SLA) between the Greek authorities and the institutions outlines the understanding... for 2017 and, given the fiscal space, the institutions have signed off on targeted social policy... complicate the final review of the programme, is the commitment of the Greek authorities, to bring
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Clock ticks on prior actions as coalition searches for solution on islands
PoliticsGreek PoliticsThe Greek government is under severe time pressure to complete some 70 prior actions remaining... reported in the Greek media on Tuesday that the Justice Ministry is preparing legislation that would lead... to convince the institutions to hold off on this measure for another year rather than to scrap the discount
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Amid exit speculation, growth strategy offers chance for coalition to show intentions
PoliticsGreek Politicswere rounded off after a wide array of issues had been discussed since Monday. Sources on the creditors’ side told local reporters that the Greek government has pledged to move as quickly as possible... that the Greek side is under pressure to deliver because, unlike previous reviews, there are no issues
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Next key programme developments due in April as Athens shapes growth strategy
EconomyProgrammethe completion of the fourth review. The next significant developments regarding the Greek programme... Eurogroup, along with plans for debt relief and the programme exit, which have been put off for now because... at the direction the growth plan wants to the take the Greek economy. According to Monday’s Naftemporiki
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Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
EconomyMacroeconomyGreek banks succeeded in meeting their non-performing exposure (NPE) reduction target in the fourth.... Compared to the March 2016 peak, NPEs have fallen by 12 percent, or 13 billion euros. Excluding off... segment. The latest operational targets submitted by Greek banks to the Single Supervisory Mechanism (SSM
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PM livens up ministers over fourth review as debt relief proposals are put together
EconomyProgrammeof the current actions that the government is in a rush to tick off its list. Administrative Reform... finance ministers has been working on will be discussed. The Greek premier does not want to give... purchase of Greek bonds on the secondary market.
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Juncker heralds MoU exit but fails to add clarity during Athens visit
EconomyProgramme.” The Greek prime minister suggested that the high primary surpluses Athens has achieved over the past couple... seemed designed to ward off any thoughts of moving the reduction of the tax-free threshold forward.... “What the Greek economy needs is not additional austerity measures but possibly for some of them
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Debt relief options pondered as institutions prepare for Athens return
EconomyProgrammethem off the list so that by June 21, when all sides hope to clinch a global deal, only the ones... by 10-12 years, return of profits from bonds held by the Eurosystem, buying out IMF loans and Greek bonds held by the ECB, according to the report. Fiscal measures In the shorter-term, the Greek government
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