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Troika leaves with key issues pending and clock ticking for coalition
PoliticsGreek PoliticsThe latest troika review of the Greek adjustment programme was adjourned on Tuesday with the two sides having failed to settle a number of major issues. The troika officials departed Athens with the aim of returning in November, when the European Central Bank will have conducted its stress tests
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Greek exports down 5.9 pct in August, imports also fall 16.4 pct
Economyand exports as well as the trade deficits for August and the 8-month period. The latest data for the 7 months
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IMF lowers medium-term forecasts for Greek debt, 2014 financing needs
EconomyThe International Monetary Fund has provided updated forecasts on the key Greek macro and fiscal figures in its latest World Economic Outlook (WEO) and Fiscal Monitor (FM) reports. Expectations for GDP growth remained unchanged at 0.6 and 2.9 percent for 2014 and 2015 respectively, in line
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Ahead of bailout talks, IMF chief raises doubts about clean Greek exit
PoliticsGreek PoliticsMerkel indicated that a discussion on this issue should take place after the troika completes its latest
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Greek building activity drops by another 8 pct in July
EconomyMacroeconomyis three times higher than that of GDP for the same period. According to the latest data provided
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Venizelos under further pressure as PASOK grows ever more anxious
PoliticsGreek Politicsas the latest episode in the festering resentment between the Venizelos and Papandreou camps, it also suggests
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Greek banks see Eurosystem funding drop to lowest level since 2009 in September
EconomyMacroeconomy. According to the latest Finance Ministry figures, bank support scheme guarantees fell close to 40 billion
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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
EconomyIn its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s comprehensive assessment, Fitch said the process
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Mixed messages continue to dog SYRIZA
PoliticsGreek Politicsbe ignored. The latest intervention from Lafazanis involved the lawmaker arguing that the party should
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Newsletter 1 31/10/2014
. But the latest news from the Bank of Greece suggests things are not moving in this direction. Credit
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