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Divided, weak opposition gives Konstantopoulou boost and PM Mitsotakis space
PoliticsGreek Politicsaway from SYRIZA during Stefanos Kasselakis’s short-lived leadership of the leftist party, has... Left will elect any MPs when the next general election is held. The party has failed to make any discernible impact on the political scene in some 18 months of existence, despite the fact that it has
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammeas this review, just like the previous one, acknowledges that the pandemic has placed enormous... behind certain commitments and timeframes. The report draws attention to the fact that Greece has... before the end of 2022. The fiscal situation has deteriorated since the last review as the authorities
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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek Politics. The rise in the cost of support has set the government searching for ways to boost the size of the Energy Transition Fund which has so far been used to fund the measures. At 1 bln euros, the fund, which... January has now plateaued at 364, while hospital admissions with Covid outnumber discharges by 1.8 to 1
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Athens settles pension handout row, looks for review progress
EconomyProgrammeEurogroup President Jeroen Dijsselbloem concluded on December 24 that “the way has been cleared... that the government did not pledge anything more than what has been agreed so far. They said the letter clarifies... clarifies that the government has committed any future fiscal over-performance to be used, in agreement
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Key fiscal differences lower expectations for Eurogroup
PoliticsGreek Politicsahead of Thursday’s Eurogroup. There has been reports, and rumours swirling in Athens, that Finance... or no movement on the issue of debt relief, which the Greek government has attached great importance... earlier, there has been no indication of any substantial discussion between the institutions about
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek Politicshas proposed. Although the Greek government insisted until recently that it would not legislate any new measures, its position has softened over the past few days and there have been suggestions... during that past few days there has been an agreement on what they will demand from Athens in terms
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Full backing for multi-bill from coalition MPs, Tsipras looks to lenders for next step
PoliticsGreek Politicsthat dominant position that Tsipras has within his party after he convinced both party members and MPs... are deeply unpopular and that this has already taken a toll on his government’s ratings. He will want... to an arrangement on debt relief, if not on Monday then by early June. The government still has its eye
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No certainties for Athens before Eurogroup as lenders try for debt deal
PoliticsGreek Politics. The Europeans have a more optimistic forecast but the difference between the two is substantial and has... the weekend claimed that one of the documents the IMF has handed to the eurozone creditors suggests that Athens will not pay off the loans it has received from the European Stability Mechanism until 2120
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Newsletter 120 - 26/05/2017
as the measures Athens has to adopt are concerned, but state that until a way is found to make Greece’s... after rebounding by 0.3 quarter-on-quarter in Q4 From its peak of 102.2 in Q3 2008, the index has... peak of 102.2 in Q3 2008, the index has recorded a fall of 42.2 percent. Apartment prices remain
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Lenders acknowledge reforms, flag up tricky fiscal path ahead
EconomyProgrammethe necessary focus on more immediate challenges, the Commission notes that the Greek government has stepped... the pandemic-induced delays. Other areas where progress has been observed include in the fiscal and structural... Greece has a total allocation of 32 billion euros and could have positive impact in the growth outlook
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