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Mindful of role, Athens gears up for Cyprus Conference
PoliticsForeign PolicyJust under three weeks are left before the Cyprus Conference on January 12 in Geneva, which is seen as crucial for the fate of reunification talks. According to sources, the conference is expected to lead to an agreement on the difficult issues of secur...
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Athens gears up for Cyprus talks, expecting progress rather than agreement
PoliticsForeign PolicyFollowing 19 months of intensive talks aiming to reunify Cyprus, the two Cypriot leaders are due to meet in Geneva on Monday at the beginning of a crucial week of negotiations on the issues of territory, security and guarantees. All sides are expressing...
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek PoliticsIt appears that Greece’s lenders are set to make an attempt to break the deadlock in the bailout review before a cycle of elections in a series of eurozone member states, starting with the Netherlands in March, begins. Finance Minister Euclid Tsakalotos...
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All-round concern about Greek-Turkish tension in run-up to referendum
PoliticsForeign PolicyDiplomatic sources and analysts are concerned about a possible escalation of tension in the Aegean as Turkey heads for a referendum on April 16 that would pave the way for the introduction of an executive presidency to replace the existing parliamentary...
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Greece, lenders tie up some loose ends and continue negotiating
EconomyProgrammeFurther progress was made during meetings between the Greek government and the institutions’ mission chiefs on Wednesday, with Finance Ministry sources saying that the out-of-court workout issue has been settled. Finance Ministry sources noted that hair...
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammeGreece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead. The Greek ministers and the institutions’ mission chiefs held a lengthy telec...
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Foreign minister opens up about EU concerns
PoliticsForeign PolicySYRIZA has made no secret of its desire to change Greece’s approach towards the European Union when it came to power, a theme that had a central role in its campaign. Foreign Minister Nikos Kotzias made an unforgettable first appearance at the EU Genera...
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomyGreece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday. The headline figure confirms recent comments made by the government and top euro...
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Athens holds off on bond as Tsipras talks up labour market
PoliticsGreek PoliticsThe process for Greece to return to the international bond markets did not begin on Monday, despite some of the local media predicting in the previous days that this would be the case. Government officials remained tight-lipped on when or if a trial bon...
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Retail sales up by 3.2 pct in June for sixth straight rise
EconomyMacroeconomyGreece’s retail sales increased by 3.2 percent on an annual basis in June after a marginal 0.4 percent rise in May, according to data published by the Hellenic Statistical Agency (ELSTAT) on Thursday. Compared to the May figure, the index jumped by 8.1 ...
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