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Eurogroup marks end of cycle and squaring of circle for Greece
Agorathe International Monetary Fund, which the eurozone has identified as the ultimate authority on this matter, while... In the current schedule, the different loans that the eurozone has extended to Greece have various... assessment of how the cash buffer would shape up and function. Greece has already received 1.9 billion euros
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Tsipras and Mitsotakis take messages abroad but face disquiet at home
PoliticsGreek Politicsof Europe, but at the forefront of European developments,” he said after the meeting. Mitsotakis has... that the government has no intention of going back to the days of fiscal profligacy... answer. It is known, however, that the Public Debt Management Agency has been holding talks
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High level of opposition to Macedonia name deal seems to boost New Democracy’s ratings
PoliticsGreek Politicsname deal, which has received strong backing from European officials but is proving to be highly... about the political cost of settling a dispute that has lasted more than 25 years because he believes that most of his supporters will applaud him. Mitsotakis has opted for fiercely opposing the deal
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IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgrammewill incorporate the updated Debt Sustainability Analysis (DSA). The mission concludes that Greece has..., growth has returned and unemployment is on the decline while last week’s debt agreement... to build up capital buffers along with further steps to mitigate liquidity and funding risks. The IMF has
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Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
EconomyMacroeconomyindex has remained positive for three out of the first four months of the year. February has so far..., February has been the only month this year that the volume index fell into negative territory. Compared... has improved by 16.4 points and has fallen by 2.1 points since the start of the year.
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingof the crisis has created new issues that include high public debt, high long-term unemployment... threshold. For BoG, the signal that Greece has turned a corner and the crisis has been overcome..., no one else has achieved what is expected from Greece. In its own DSA, a scenario of higher
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomywhen the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five..., the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million... in unemployed by 7,698 compared to March. Against the same month last year, the number of unemployed has
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SYRIZA seeks best path to next general elections
PoliticsGreek Politicsand the European Parliament ballot on Sunday, May 26. However, there has been no clear indication from... elections in 2019 if the 1 percent of GDP reduction in pension expenditure has to go ahead. The other..., there has not been an attempt by SYRIZA to implicate New Democracy in any wrongdoing. The two parties
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Greece-Russia spat intensifies but Athens hopes worst is over
PoliticsForeign Policyby the Russia’s Ambassador to Greece Andrey Maslov that Foreign Minister Sergey Lavrov has cancelled plans... that Athens believes the matter has is now closed but noted that Greece would defend its national... ministry responded by saying that “no one can or has the right to interfere in Greece’s domestic affairs
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Government indicates readiness to play waiting game on pension cuts
PoliticsGreek Politicsintervention from a government official suggesting that Athens has no intention of acting on this issue... of speculation over the weekend about whether the government has hopes of cancelling or postponing... mission to Greece has been completed and the relevant report delivered to the Eurogroup before any
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