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Lenders agree new loan disbursement, piecemeal approach to debt relief
PoliticsGreek Politicsof fresh funds for Athens, the Eurogroup decided after 11 hours of talks that the transfers.... The Eurogroup statement referred to changes in the legislation on non-performing loans, where... for the phasing out of the EKAS benefit for low-income pensioners. The Eurogroup also expects Greece
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Newsletter 108 - 24/02/2017
with pitfalls. Monday’s Eurogroup produced some progress as the Greek side agreed that it would legislate... to satisfy its lenders. The Eurogroup and subsequent comments from the Greek government... to be on these issues, although Eurogroup chief Jeroen The government is at pains to present the latest developments
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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek PoliticsAn agreement at Thursday’s Eurogroup seems the most likely outcome even though Prime Minister... since the last Eurogroup ended in an impasse. The Greek prime minister has shown in the past that he... Minister Wolfgang Schaeuble, who is usually circumspect ahead of Eurogroup meetings, suggested
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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek Politicsfor the next loans to be released. The amount was due to be confirmed after the Eurogroup later... Eurogroup. Speaking after the meeting at the ESM, Eurogroup chief Jeroen Dijsselbloem also confirmed.... However, he did say that the Eurogroup would give Greece and and the International Monetary Fund
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Coalition defends deal with lenders, opposition exerts pressure
PoliticsGreek PoliticsEurogroup agreement in the best possible light, before he leaves for the European Council later in the week... identified the last paragraph of the Eurogroup statement as the most important. It reads: “In view of the ending of the current programme in August 2018, the Eurogroup commits to provide support
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Newsletter 124 - 23/06/2017
of the Eurogroup agreement, the minister is also seeking to gain insight that will help the government with its plan to set up a Greek development bank. The idea was recognised in the Eurogroup statement... appeared to have been nixed when the Eurogroup agreement did not prove enough for the European
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Newsletter 162 -18/05/2018
agreement (SLA) in place by the May 24 Eurogroup. The optimism was generated by the fact... to be sealed at the May 24 Eurogroup. While expectations of an SLA by May 24 appear to be rising... to be clarity by the May 24 Eurogroup. “Time is running out but if there is an agreement
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Newsletter 167 -22/06/2018
. Athens appeared satisfied with the debt relief package agreed at the Eurogroup in Luxembourg... billion euros per year from 2023 to its European lenders. The Eurogroup decided on Thursday... meeting. Eurogroup president Mario Centeno said that the reserves would surpass 21 billion euros
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammeto be legislated within December 2014. In an interview with Ta Nea daily, Eurogroup chief Jeroen... days. “Otherwise the risk is big and we won’t take decision on Greece in the upcoming Eurogroup (due..., one day before the Eurogroup. However, in case of an agreement with the troika, certain estimates
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Greece and eurozone reach tentative deal, much undecided
EconomyProgrammeThe Eurogroup initially approved the extension of Greece's current Master Financial Assistance... subject to Eurogroup approval. It is not clear at the moment whether a successful outcome of this review... reduce debt accordingly. As also mentioned by the Eurogroup President, this is a clear indication
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