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  1. Lenders also require health and labour market reforms from gov't in next months

    EconomyProgramme

    of understanding (MoU) has fallen on the areas of fiscal policy, pension reform, energy market and privatisation, there are a series of measures that have to be implemented that relate to health care and the labour... products to two thirds (three quarters in 2016). Labour market The government has to launch

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  2. Tsipras identifies debt relief, bank recap and attracting investments as key goals
    Photo by MacroPolis

    PoliticsGreek Politics

    review has been completed when he presented coalition’s policy programme in Parliament on Monday night... that the implementation of the bailout has to proceed quickly in the weeks ahead, the prime minister identified a couple... to adopt 6.4 billion euros worth of fiscal measures and the economy will contract by another 1.3

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  3. Amid risk of 2015 re-run, Greece searching for deal with lenders
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    not intend to have MPs vote on the draft legislation until an SLA has been secured. Solution sought In fact... their differences over the fiscal gap, primary surplus target and debt relief. Athens has made it clear... extra fiscal measures. Where there still seems to be an as-yet-unresolved difference is on how

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  4. Greece looks for support as expectations for May 9 Eurogroup lowered

    PoliticsGreek Politics

    . The Tsipras administration seems to feel that it has some useful allies on its side, who could help... banking on the support of the European Parliament. It has been encouraged by the stance of Gianni... agreement by May 9, including on the 2 percent of GDP in contingent measures, is possible. The nature

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  5. Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement

    Economy

    on Friday. Since the beginning of the year, the domestic equity market has recorded losses of 4.1... and Titan on May 12, while Coca Cola Hellenic has scheduled a Q1 trading update on May 13. Aegean Airlines... and institutions have reached an agreement on the 99 percent of measures worth 3 percent of GDP

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  6. Tsipras makes end-year debt deal government's top priority
    SYRIZA

    PoliticsGreek Politics

    wanting to have a victory to present to his domestic audience at the end of what has been a difficult... with the direction the government has taken since last year. Patience Lastly, in the part of his speech... more than just the short-term debt relief measures by Christmas. Finance Ministry officials told

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  7. Greece, lenders tie up some loose ends and continue negotiating
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    ’ mission chiefs on Wednesday, with Finance Ministry sources saying that the out-of-court workout issue has... beating the fiscal target of 3.5 percent of GDP in 2018. Moreover, almost zero progress has been made so... or 50,000 euros) that would be eligible for inclusion in the mechanism. The fiscal counter-measures, related

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  8. Rating agencies concur in improved prospects for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of the programme will bring the debt relief that the eurozone has pledged. In a similar vein, S&P considers the legislation of fiscal measures up to 2020 as a development that will sustain the fiscal... and in this juncture, ratings agencies believe that political risks have receded and that Greece has

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  9. Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New... for this tax category has been 75 percent in October. On a monthly basis, all collectability rates apart... million. Individuals with tax obligations who were under forced collection measures increased by over

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  10. Juncker heralds MoU exit but fails to add clarity during Athens visit
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in Germany’s Handelsblatt newspaper that German Finance Minister Olaf Scholz has insisted in his....” The Greek prime minister suggested that the high primary surpluses Athens has achieved over the past couple... measures to be put on hold if Greece does not meet its commitments. This highlights the different views

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