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Varoufakis outlines contours of debt deal as haircut set aside
PoliticsGreek PoliticsThe outlines of what the new Greek government is aiming to ask of its eurozone partners in terms of debt relief emerged on Monday evening, when Finance Minister Yanis Varoufakis spoke to the Financial Times after meeting with British Chancellor George O...
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammeThe Greek Finance Ministry leaked today all the key documents that were presented to Greece’s Eurozone partners during the last two Eurogroup meetings on February 11 and 16. We will examine some of the main economic parameters put forward by the Greek s...
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeThe Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two key transactions, which are the most important for April’s obligations. The first relates to the rollover of 1.4 billion of 6-month T-Bills that mature on...
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Outcome of next vote on prior actions to set tone for political developments
PoliticsGreek PoliticsPrime Minister Alexis Tsipras hopes to clear this week the last legislative hurdle at home before resuming negotiations with lenders on the details of a third bailout for Greece. The multi-bill due to be passed through Parliament on Wednesday sweeps up ...
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SYRIZA buffeting continues as parties get set for official start of election race
PoliticsGreek PoliticsAll the indications are that Greece will appoint a caretaker prime minister on Friday, paving the way for elections to be held, most probably on September 20. Popular Unity leader Panayiotis Lafazanis is expected to hand back the exploratory mandate on ...
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Greek-Turkish relations set for turbulence after court rejects soldiers' extradition
PoliticsForeign PolicyThe decision of Greece’s Supreme Court on Thursday to reject an extradition request for eight Turkish military officers who fled Turkey after July’s coup attempt has created great uncertainty about bilateral relations between Ankara and Athens. The diff...
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammeOne of the key issues still to be resolved in the ongoing negotiations between the Greek government and the institutions relates to the International Monetary Fund’s demand for a reduction in the tax-free threshold with the aim of securing additional re...
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With review set to resume, Tsipras looks for post-deal strategy
PoliticsGreek PoliticsFollowing the Easter break, the Greek government’s attention will be on two main issues: Completing the review so a “global deal” can be concluded before the end of May and trying to shift the focus domestically away from the new measures and onto more ...
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeThe updated supplemental memorandum of understanding (sMoU), which was drafted following a technical agreement between Greece and its lenders, was leaked in German newspaer Handelsblatt on Monday evening. The 53-page document dated May 2 is broadly simi...
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Timetable set for multi-bill vote, Athens hopes for debt progress in meantime
PoliticsGreek PoliticsThe political timeline for the coming days, which revolves around the vote on the multi-bill and the discussions on debt relief, has become clearer. It was revealed on Monday that the omnibus bill, containing the measures and counter-measures agreed wit...
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