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Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammeThe Greek government has set its sights on the last Eurogroup of the year, hoping that it will manage to secure from the country’s official creditors higher investment spending through the allocation... for their release at the December 4 Eurogroup, however a final decision on the disbursement and use of the funds
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammeAhead of the Eurogroup meeting on Tuesday, the International Monetary Fund published its preliminary debt sustainability analysis (DSA), which was distributed to its Executive Board but was neither discussed nor approved. The report notes that the programme’s initial implementation problems mounted
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeThe Eurogroup welcomed early on Wednesday the adoption by the Greek government of most of the required prior actions for the conclusion of the first programme review. A successful implementation of the total set of milestones will unlock the disbursement of 10.3 billion euros in two tranches
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Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
EconomyThe Greek equity market showed two sides this week. Initial prospects for a positive outcome at Thursday’s Eurogroup pushed shares up by 3.4 percent in the first four sessions. However, those gains were erased as the market fell by 3.6 percent on Friday after the inconclusive meeting of eurozone
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Stocks finish week on high after progress at Eurogroup
EconomyThe Greek equity market jumped 2.3 percent this week, mainly led by Friday’s gains of 1.5 percent, in the wake of the outline deal clinched at the Eurogroup and the decision taken for a return of the institutions’ mission chiefs to Athens as soon as possible. Τhe general index of the Athens Stock
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Despite snags, coalition expects multi-bill approval before Eurogroup
PoliticsGreek Politics. Athens is desperate to get the measures passed before the May 22 Eurogroup so the creditors do
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
EconomyThe Greek stock market dropped 0.7 percent for the second straight week in the aftermath of Monday’s inconclusive Eurogroup. Stocks were down by a total of 2.9 percent on Tuesday and Wednesday. They rebounded in the next two sessions trimming a large part of earlier losses. The Athens Stock
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S&P upgrades Greece to 'B+' on back of Eurogroup agreement
EconomyS&P was the first credit rating agency to respond to last week’s Eurogroup agreement by raising Greece’s long-term credit rating to ‘B+’ from ‘B’ on Monday. The outlook was also updated to stable from positive. In its previous ratings activity for Greece in January, the agency had suggested
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammeAlthough Greece is not on the agenda for Monday’s Eurogroup, the meeting will provide Finance Minister Euclid Tsakalotos with the chance to discuss with the country’s lenders a range of issues related to the post-bailout commitments the government has to complete. The European Commission is due
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European Commission report due to set tone for build-up to March 11 Eurogroup
EconomyProgrammein the days that remain until the March 11 Eurogroup, when eurozone finance ministers are due
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