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Sustained friction with Turkey reveals differing views, approaches in Athens
PoliticsForeign Policyto consider this incident part of Ankara’s plan to maintain tension in the Aegean at a high level. The incident was not confirmed by Turkish Prime Minister Bilali Yildirim’s office, according to Hurriyet newspaper. The Prime Minister’s office issued a non-paper stressing that the incident
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek Politics. Tsipras spoke to SYRIZA’s parliamentary group on Monday. His main message... for SYRIZA’s election chances in 2019. Tsipras, though, insisted that the exit from the programme will put... through when we took over, the picture is completely different,” he said. “It’s day and night. We have
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Newsletter 159 -27/04/2018
. Finance Minister Euclid Tsakalotos was due to present Greece’s strategic growth plan... the way for the divestment of some of the Public Power Corporation’s lignite-powered units (another... member states. A report in Germany’s Handelsblatt newspaper on Wednesday suggested that German Finance
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Centre-left leader adds to calls for snap elections
PoliticsGreek Politicsthat Gennimata’s intervention was, at least in part, aimed at ensuring that KINAL was not left in New Democracy’s... not been included on the party’s core agenda. However, the decision by Mitsotakis, who had toned... to have forced Gennimata’s hand. According to reports, the KINAL leader’s decision to demand an early
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Pension cuts due in 2019 fuel political battle, election talk
PoliticsGreek Politicsto kick in at the beginning of 2019. The measure was demanded by Greece’s creditors in order... be relaxed in the future “if the country’s fiscal performance allows it.” Apart from the fact... by the fact that New Democracy has started to focus on next year’s reductions as part of an overall strategy
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Technical talks progress but debt relief, credit line continue to grate
EconomyProgrammecredit line after the programme ends in August. Monday’s meetings reportedly focussed on electronic auctions and the legal framework for selling NPLs. Tuesday’s meetings between the technical teams... the Washington Group, comprising of Greece’s main lenders, met yesterday ahead of the Euro Working Group
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Parties mark out battle lines for next elections
PoliticsGreek PoliticsThe debate on the government’s growth strategy in Parliament on Wednesday prompted some fierce... Greece’s exit from the third bailout and an agreement on debt relief is the strongest card that Tsipras has to play. It is certain to be one of the main pillars of the party’s election campaign
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking, and will lead to the bank’s NPE ratio falling by more than 100 basis points. Upon completion... Officer of Piraeus Bank, said that Piraeus Bank’s first step into an NPE sale of this nature would... Avner, a Managing Director and Head of Bain Capital Credit’s European business. NPE Performance Piraeus
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Macedonia name deal in hands of Tsipras and Zaev
PoliticsForeign Policyof Greece’s neighboring country would be called “citizens of Northern Macedonia” and the language would... Greece’s condition that a new name should be applied in all cases (erga omnes). It seems Prime Minister... that the settlement reached with Skopje was in Greece’s national interest. No one is certain why Greek Foreign
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Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
PoliticsGreek Politics– the Macedonia name talks and the debt relief discussions among Greece’s lenders - that could define his... believes it has an “agreement in principle” with Athens but Tsipras’s office insisted that no deal has... of this sensitive national issue. In Wednesday’s statement, the Prime Minister’s Office argued that New
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