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Coalition hails multi-bill as start of clean break, opposition sees more of the same
PoliticsGreek PoliticsGreeks (ANEL) are promoting the multi-bill as the last package of legislation Greece’s Parliament has... Minister Alexis Tsipras. However, the premier was absent from last week’s discussion, much... to draw attention to include the implementation of the government’s growth strategy, the broadening
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Mitsotakis calls for no-confidence vote, hoping to exert more pressure on coalition
PoliticsGreek Politicsbe tabling a censure motion to Parliament on Thursday following the government’s announcement... Minister Alexis Tsipras’s isolation on this issue. The leader of the centre-left Movement for Change... elements. The other five members of KINAL’s political council, including To Potami leader Stavros
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
EconomyProgramme. In the government’s Medium-Term Fiscal Strategy (MTFS) released earlier this month, clear path was set out for Greece’s privatisation programme in the coming years, with revenues close to 4 billion euros expected... of Greece’s main airport comprises of a concession deal and the sale of a 30 percent stake. The latter
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Fourth review nears conclusion, clearing path for debt relief agreement
EconomyProgrammeagreement, including debt relief, can be reached at Thursday’s Eurogroup. According to Greek sources... under after the third bailout expires on August 20 is one of the key items on the Eurogroup’s agenda... French mechanism that would link debt interventions with Greece’s growth seems to have gone cold
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgrammeAside from marking the completion of Greece’s third and final European Stability Mechanism (ESM) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities... of the measures for debt relief that Greece’s lenders have pledged - the abolition of the step-up
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Athens turns its attention to settling differences with Albania
PoliticsForeign Policy. The EU’s General Affairs Council — a monthly meeting of European affairs ministers from all EU member... the reasons why the EU should not shut the door to Greece’s two neighbouring countries. He said..., could be jeopardised. Furthermore, if one of the two countries starts the negotiations, and let’s say
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Loss of MP upsets coalition plans to build on positive momentum
PoliticsGreek Politics’s majority in Parliament to just two seats. Perhaps, though, the focus on the Tsipras administration’s vulnerability is of more concern for the prime minister. The government was forced... gave to Lazaridis’s departure was that business interests supportive of New Democracy leader
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingbasis points (bps) of CET-1 capital ratio as of the end of March 2018. Furthermore, the bank’s non... and rewards associated with it. Commenting on the latest development, Christos Megalou, Piraeus Bank’s... are very pleased with the fact that both recent deals have been positive to our Group’s P&L and accretive
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Blueprint for election battle laid out in Parliament debate
PoliticsGreek Politicson numerous occasions. The SYRIZA leader defended the government’s economic record and particularly... on the business dealings of Mitsotakis’s wife, referencing reports that claimed her business received funding from... that his wife’s tax affairs have been checked by authorities and no discrepancies were found. He also
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammeconcludes its third adjustment programme, the European Central Bank’s (ECB) president Mario Draghi confirmed what was widely anticipated, which is that the country will not be eligible for ECB’s QE programme. When asked whether Greece is now closer to being reintegrated into ECB’s programmes, Draghi
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