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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek Politics, no other opposition party has indicated that it is willing to fully support this package of measures... general council and Thursday’s gathering of eurozone finance ministers in Luxembourg. Greece has..., there has been no increase on the discount. Should ECB officials choose to impose a higher haircut
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Debt talks to be prime focus after Easter
PoliticsGreek Politicsto approve the fiscal measures and reforms it has agreed with the institutions in Parliament before... to the politically painful measures that his government has to approve, such as 2 percent of GDP in fiscal..., after a staff-level agreement has been reached between Greece and the lenders and Greek MPs have
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With review set to resume, Tsipras looks for post-deal strategy
PoliticsGreek Politicsof measures. Former Education Minister Nikos Fylis has been one of the most outspoken officials... few days, Tsipras has taken a central role in the inauguration of the 40-year concession deal... by the failure to conclude the review promptly. Tsipras has also already made it clear that he wants to revive
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Coalition MPs gear up for busy period in Parliament
PoliticsGreek Politicsin the run-up to September’s national elections. While this has also caused concern among SYRIZA MPs... potential sticking point that has arisen is an apparent request from the lenders’ side for legislation.... It also has the backing of small- and medium-sized traders on this matter.
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Greece prepares for bond issue, looks to pave way for programme exit
EconomyProgrammeit has promised will focus on growth and enhanced social policies. The discussions are not expected to lead to any immediate announcements. Tsakalotos has indicated that he would like to finalise... for the Greek government. Athens has repeatedly rejected the option of seeking a precautionary
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New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
EconomyMacroeconomythe Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first... million month-on-month, which was for the large part driven by rises in new debt. Total debt has now.... The IAPR has set a goal for the collectability rate to reach 81.5 percent in the first quarter of 2019.
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyinsurance contributions has an added cost of 1.6 billion euros, whereas the 800 euros benefit to staff... relying too heavily on the country’s cash reserves as the sizeable buffer has helped Greece secure very attractive rates since it exited the programme and has been quoted several times as a fiscal
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More fires at Moria add to pressure for effective response to asylum crisis
PoliticsGreek Politicsexpected that more cases will be confirmed. The accompanying track-and-trace programme has also been... management as “predominantly a European problem”, while claiming that “Greece has already lifted a far... for Lesvos, something that so far Athens has not done. There have reportedly been several direct offers
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Govt looks for positives as it steps up vaccine rollout
PoliticsGreek Politics. As of Monday, Greeks aged 60 to 64 will be able to receive the AstraZeneca jab, which Greece has only... away from the recent criticism it has received for its incoherent handling of the Covid-19 situation... billion at the end of 2020. Despite this grim picture, the Finance Ministry also has to contemplate
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Latest lockdown tweaks prompt opposition backlash
PoliticsGreek Politicsmore of the economy, and particularly manufacturing which has remained since November when... of the South African variant. The role of the new variants has been highlighted by the government in its... in the Attica region, which includes Athens, has been increased from 1,673 in mid-February to over 2,100
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