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Greece to pay IMF but concluding negotiations will be a tougher task
PoliticsGreek PoliticsThere were no surprises from Greek Finance Minister Yanis Varoufakis’s meeting with International... that Greece will repay 458 million euros to the IMF on Thursday. Athens was broadly expected to meet... that the coalition’s pronouncements should not always be taken at face value. Greece missing its payment
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek Politicswith the institutions. "Bild has distorted what I said yesterday. I never said that Greece would not repay debt in July... commitments.” Bild’s reporter argued that the article claimed Athens might reject the next loan... in as much as the government has hinted that Prime Minister Alexis Tsipras may want to take Greece’s
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Vote on tax bill due this week as ND pushes for adoption of first three draft laws
PoliticsGreek PoliticsThe process of voting the government’s first three bills begins this week, starting with the draft... municipal elections. Most of the focus has been on the tax interventions, given that New Democracy’s tax-cut pledges played a prominent role in the party’s campaign. The bill is due to be voted
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Tsipras visits Skopje to highlight name deal positives as implementation work continues
PoliticsForeign PolicyThe beginning of a new era in bilateral relations between Greece and North Macedonia is the main aim of Alexis Tsipras’s trip to Skopje on Tuesday, which will be the first visit by a Greek premier... on April 21, the Prespes Agreement is expected to affect how people vote. For North Macedonia’s
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Ryanair flight interference casts shadow as FM prepares to meet Russia's Lavrov
PoliticsForeign PolicyForeign Minister Nikos Dendias is heading to Russia on Monday for bilateral talks with his counterpart Sergei Lavrov, aiming to rekindle relations with Russia. The aim of Greece’s chief diplomat... little room for any significant improvement to bilateral relations between Greece and Russia
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Gerapatritis to meet Rubio again as Greece pushes Vertical Corridor in Washington
PoliticsGreek Politicsand close cooperation between the two sides, as well as the strategic continuity of bilateral relations. The discussions in Washington are expected to cover the full range of bilateral issues, including... intense international concern. In this unstable context, close bilateral coordination between Greece
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Coalition caught between pleasing lenders and voters ahead of next troika review
PoliticsGreek Politicsgovernment does not want the troika’s review to be held up by the funding gap issue because this would also... for the conclusion of the review before discussing how Greece’s debt load could be lightened. Hardouvelis... to use the 11 billion euros left in the Hellenic Financial Stability Fund’s coffers are vital
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PDMA releases details of 10-year bond, highlighting strong interest
EconomyGreece’s Debt Management Agency (PDMA) has provided the details of the country’s second bond... percentage point, 80 basis points. The Greek authorities, following Moody’s upgrade by two notches on March 1... million from the joint-bookrunners. The spread over Germany’s DBR with a coupon of 0.25 percent
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingThe Supreme Court’s plenary delivered this week a landmark judgment that reshapes the financial... their loans. Greece’s highest court resolved a long‑running dispute over how interest should be calculated... Greek statute enacted at the outset of the country’s economic crisis to shield vulnerable households
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UK and EU travel restrictions raise concerns for tourism season
PoliticsGreek Politicsbookings following the announcement. The UK is Greece’s second largest source of visitors and revenue, and the restrictions would deal a substantial blow to this year’s projections. In 2019, the country... of the EU’s Digital Green Certificate, has added urgency to the government’s quest to attract
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