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Much ground to cover as Greece, lenders prepare to resume talks
PoliticsGreek PoliticsGreece would “compromise, compromise, compromise but not be compromised.” Varoufakis has used a similar phrase before. By repeating it he emphasises how little progress has been made over the past few days... central role. As we have highlighted previously, Tsipras has so far been reluctant to cajole his
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Gov't sees reform multi-bill as path to funding but resistance abounds
PoliticsGreek Politicscrisis there has been a long history of Greek governments being upbeat about the prospects... the party that the government has gone as far as it can in pursuing its own agenda before... Theano Fotiou said on Skai TV that the government should ask voters to express their opinion if it has
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomyand pension reforms. On the fiscal front, the government has reportedly proposed a new set measures... list submitted in late March, MoF sources told Kathimerini that the current estimate has now been... to food and medicines. Greece currently has two main VAT rates of 13 and 23 percent and a lower rate
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Greece prepared to move on pension, labour reforms but details to be decisive
PoliticsGreek Politicsnot settle matters between Greece and the institutions but suggests that progress has been made... that Greece will seek to complete the programme review that has been pending since last September... review has been completed. 2. Pensions: “They notably discussed the importance of reforms to modernise
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Newsletter 25 - 08/05/2015
in social security contribution arrears. Going beyond May, Greece has to pay 1.54 billion to the IMF... debt redemptions, the key months are July and August when Greece has to pay back bonds, worth 3.5... straight month that there has been a sub-50 reading. Factory production in April showed the most marked
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Eurogroup leaves Greece in limbo, with liquidity drying up
PoliticsGreek Politicsthe "progress that has been achieved so far" in negotiations but said that "more time and effort are needed... progress has been made. European Economic and Monetary Affairs Commissioner Pierre Moscovici said... that Athens has a completely different approach to what needs to be done in these two areas from its
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Reopening public broadcaster poses multiple challenges for Tsipras
PoliticsGreek Politicswas particularly aggressive in her questioning towards ERT’s would-be CEO, Lambis Tagmatarchis, who has served in a senior role at the broadcaster before and has had run-ins with the employees’ union... election pledges that he is in a position to keep. He also has a chance to show that he is genuinely
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SYRIZA prepares to debate deal as Tsipras's options narrow
PoliticsGreek Politicsto the International Monetary Fund, when Athens has to transfer about 300 million euros. SYRIZA’s parliamentary... that even this can be achieved if lenders, as has been reported, are not prepared to commit to debt..., where European Central Bank president Mario Draghi who said that there has to be a credible
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Athens and Skopje press ahead with confidence measures despite uncertainty
PoliticsForeign Policyof the Albanian party DUI. Additionally, the Greek Foreign Minister has revealed that he and his... sources. Neither side has revealed what these CBMs may include. Kotzias, however, said on Thursday that these measures will have a “European dimension.” Athens in fact has already approached the European
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Greece makes new proposals in search for deal acceptable to lenders and MPs
PoliticsGreek Politicspercent but short of the lenders’ preferred target of 2 percent. From what is known so far, Athens has... of what Greece has proposed on this issue are not known but the plan is likely to be a variation of what... his lawmakers to accept it in the knowledge that the agreement has been made on lenders’ terms
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