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  1. Athens accepts review's toughest fronts remain open
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    measures, such as the reduction of the tax-free threshold that has been repeatedly requested... may be deferred, few developments are expected until the board meeting has taken place... if it was accompanied by medium-term debt relief measures due to be implemented at the end of the programme

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  2. Tsakalotos and Stournaras raise objections to IMF assumptions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    last May, should lead to increased potential growth in the future. In contrast, the IMF has lowered... BoG has estimated that the achievement of non-performing loan (NPL) reduction targets will further... at that time. According to Stournaras, the IMF pressed for more austerity measures, consistently

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  3. Athens and lenders left with gap to bridge ahead of Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    received by the leftist lawmakers who were present during the debate. Tsipras has a knack of using... if the primary surplus target is beaten. There has been no indication that Athens and its lenders... will then have to promote at home as Athens will undoubtedly have to pass measures that some MPs will have

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  4. New Democracy's internal disputes continue to pester Mitsotakis
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for places on New Democracy candidate list for the next elections has already begun. Both are candidates... expect to be considered for important positions within the party. Mitsotakis has spoken before about...The Greek political scene is going through a brief lull as Parliament waits to vote on the measures

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  5. Review set to resume in Athens as debt talks drag on
    Photo by George Vitsaras/Fosphotos

    PoliticsGreek Politics

    at the sidelines of the IMF’s Spring Meetings in Washington last week that convergence has been... Velculescu is due to return to Athens for this week’s talks is a sign that the Fund has decided... the relevant measures through Parliament by mid-May, leaving enough time for a global agreement

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  6. Athens banks on French support for debt relief and growth
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    as it heads into the last few days of intensive negotiations before Thursday’s Eurogroup. Athens has... breakaway group that held lengthy discussions that night. Since then, he has put forward a new... on Thursday to have two elements. He said the first is the further detailing of debt relief measures

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  7. Draft budget highlights taxpayer fatigue, creates policy mix doubts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    budget, not just the 2017 figure has been revised. The total revenue figure for 2018 has also been... are compounded by the fact that 2017 contained a total of 2.59 billion euros of revenue measures... measures with little effect. Direct taxes estimates for 2018 have also been downward revised from

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  8. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    Trust in the Greek banking system has been badly damaged by events of recent years according... of the rare positive trends has been the increase in electronic transactions, which had the positive... capital controls, those surveyed believed the full lifting of the measures would take around 3 to 4

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  9. Athens eyes ample cash buffer, prepares for bond swap
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    by the European Stability Mechanism, with the rest being raised from bond issues in the coming months. It has... and to give it a fall-back position in case there is turbulence on the international markets and it has... that this will continue in some form. Also, the idea of linking debt relief measures for Greece

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  10. Minimum wage increase set for end of January amid concerns about economic impact
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    faces a very delicate fiscal balancing act going forward, and more than one voice has warned about... will be the first in around a decade. However, the timing of the announcement has been noted with interest... 5 and 10 percent amid calls for caution over such measures. The issue is due to be discussed between

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