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Greece seeks EU help on refugees after Schengen threat but big challenges remain
PoliticsForeign Policythree actions to satisfy EU demands: 1) It activated the European Union Civil Protection Mechanism
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeThe privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion. According to the third memorandum of understanding (MoU) signed with eurozone partners in mid-August, the Greek
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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomy) and intermediate goods (-1 percent). Consumer non-durables was the only grouping displaying a marginal rise
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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeThe Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion. According to government sources cited
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Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institutions on the most politically sensitive issues
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economyfar this year, and stands almost 1 billion above the monthly target. As a result, the year to date
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomymillion from deficit of 1 billion last year.
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economycurrent price stands slightly above (+1 percent) offer price, while Piraeus’ stock is marginally
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Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicsthe cash-strapped party gather more than 1 million euros in funds. However, the failure to publish
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