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  1. Global deal in April ruled out as labour reforms prove biggest obstacle
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Speaking to Parliament’s Economic Affairs Committee, Finance Minister Euclid Tsakalotos said on Thursday that the agreement with the institutions would be difficult but would also have “positive surprises,” which could pave the way for QE from the European Central Bank and lead to sustained growth

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  2. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    received in the fourth quarter of 2015 from the European Stability Mechanism (ESM) for NBG

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  3. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    between European officials and Tsakalotos. The best-case scenario for the outcome of today’s meeting

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  4. The scenarios ahead for Greece as review hangs in balance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of growth to the Greek economy as well as access to the European Central Bank’s quantitative easing

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  5. Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect

    EconomyMacroeconomy

    indicator published by the European Commission edged down 0.1, after rising in the previous two

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  6. ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG. The rise in the ELA limit “reflects developments in the liquidity situation

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  7. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    (May 2016). The most important milestone was the recent clearance of the transaction by the European

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  8. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the first programme review. In addition, the European Central Bank decided on March 23 to increase the ELA

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  9. Athens and lenders stay mum on agreement, domestic reaction awaited
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The Greek government and the European Commission declined to confirm reports on Wednesday that Athens and its lenders have reached an understanding that will lead to a staff-level agreement in the coming days. Maintaining the recent radio silence, neither side would back up the Reuters report

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  10. Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points in the previous month, European Commission (EC) figures revealed on Thursday. The ESI stood at 93.4 in March, down by 1.7 points year to date. Consumer confidence fell for the third straight month

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