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Newsletter 92 - 14/10/2016
called upon, Greeks now have something to inspire them. However, this is far from just a Greek affair... assistance (ELA) funding by 1.82 and 1.33 billion, respectively. Overall, the Greek banks’ reliance... reflecting the reinstatement of a waiver on Greek government securities, the participation of Greek banks
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammethere was regular dialogue between the institutions and the Greek authorities. This review was not a pre-condition... profits for debt financing purposes. Overall, the Greek authorities received a positive assessment... time, attention is drawn to the increasing stock of unprocessed pensions applications and the Greek
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Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek Politicsin the way of Greek banks increasing their T-Bill holdings above 9 billion euros, to 15 billion euros... Greeks might be asked to vote on but he insisted that the Greek Constitution allows for such a vote... and the institutions over whether privatisation revenues should be used only for paying off the country’s debt. He
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Investors voice concerns about delays to Hellenikon as mine talks falter
EconomyFeaturesor alterations to the plans. Currently, the only pre-condition which has been met is the approval of the deal by the Greek Parliament. Outstanding conditions include the approval of the integrated... Minister Lydia Koniordou signed off on the second evaluation of the Central Archaeological Council
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Turkey looms large in 2022 foreign policy agenda, which includes Balkans, US and Russia
PoliticsForeign PolicyAs far as Greek foreign policy is concerned, the arrival of the new year has not brought the most... isolation, which was the result of its open fronts in many different regions. Greek diplomacy... in 2022. However, Greek diplomats are already planning a “roadmap” to be revealed within the next few
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme. For instance, the IMF suggests full write-off of the Greek Loan Facility (GLF) of 53.1 billion... the Greek government could credibly commit to, would result in unsustainable debt trajectory even... in the aftermath of tight financing conditions. 5) Rebuilding buffers and paying down short-term borrowing
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Athens treads fine line as talks with Ankara beckon following Aegean stand-off
PoliticsForeign Policyand Ankara, the situation does not look straightforward and the Greek side is facing difficult decisions. There are two schools of thought on the Greek side and within the ruling New Democracy party, and both arguments are reflected even in the Greek press. There are those who believe that Athens
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How Samaras backed himself and Greece into a corner over bailout exit
Agoraa decisive victory at the tail end of the Greek depression, they would never achieve one. It is strange... of the adjustment programme and the end of the troika’s invasive role in Greek policymaking. Reality... billion euros in loans from the International Monetary Fund due in 2015 and 2016, casting off
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Greece welcomes Abbas after stalemate during visit by FYROM's Poposki
PoliticsForeign Policyon Monday. His arrival is to coincide with the Greek Parliament’s adoption of a non-binding resolution.... The resolution has been written carefully so as to prevent any major disruption to Greek–Israeli... to be adopted by Greek Parliament on Tuesday - contains the same wording as similar resolutions already
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyThe publication of the International Monetary Fund’s World Economic Outlook (WEO) on Tuesday revealed worse estimates for the Greek economy compared to the upbeat set of forecasts included in its... also downwards revise its GDP forecast upon the release of its spring forecasts due in early May
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