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Greece rides the ghost train
AgoraGreece’s negotiations with its lenders over the last few days have been more like a ride... of negotiations also ended with no result. Greece’s European partners and the IMF have suggested that Athens... much lower. The problem, though, was that Hardouvelis’s email was never accepted as a deal clincher
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammeThe Eurogroup agreed on the terms of Greece’s third bailout on Friday, paving the way for Athens... been approved by other eurozone parliaments and the ESM board. This will be used to repay last month’s 7.2-billion-euro bridge loan, the 3.2-billion-euro bond held by the European Central Bank, debt
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Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
Economy’s plans to regain long-term market access and the overall execution of the Public Debt Management Agency’s (PDMA) debt strategy, which had a baseline scenario of raising 7 billion from new debt... sovereign debt was further boosted by last Friday’s upgrade from Moody’s, which raised Greece’s rating
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammequestions about its plans and this year’s fiscal targets from its eurozone counterparts until September... for Thursday’s Eurogroup and that the Greek issue would not be examined again until the Euro Working Group... and how it will ensure that this year’s fiscal target will be met. Like its eurozone counterparts
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek PoliticsThe formality of Monday night’s confidence vote in Parliament is out of the way and the government... of Monday’s vote having anything other than symbolic value. The issue at stake was not how New Democracy’s 158 MPs would vote, but what policy agenda the centre-right party would set out over the three
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeFinance Minister Christos Staikouras was due on Friday to take up the government’s drive to convince Greece’s eurozone partners that the country is on the right track following this summer’s... to repay around 3 billion euros of the total Greece owes the International Monetary Fund early, saving
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Govt on alert for possible fallout from tapering of pandemic relief measures
PoliticsGreek Politicsby governments in many countries, although in Greece’s case the fear may be more pronounced because the scars of the country’s previous crisis had barely started to heal when the pandemic struck... euros of Greece’s own resources as well as European Union funds have been pumped into the economy
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Newsletter 96 - 18/11/2016
or bilateral credit guarantees extended to Greece in the first memorandum. It is to Obama’s credit...Ticking the boxes for Athens Impact of Obama’s visit on decision-making process has yet to be measured US President Barack Obama’s visit to Athens this week ticked all the boxes as far as the Greek
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Central government debt grows to 328.70 billion in Q4
EconomyMacroeconomyfinancial aid of 224 billion, of which 52.9 billion relate to the Greek Loan Facility’s (GLF) bilateral...Greece’s central government debt rose by 2.59 billion euros quarter-on-quarter (QoQ) to 328.70... billion euros, along with a 672.3 million euro rise in special purpose and bilateral loans, and a 601
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Central government debt increases by 10.7 bln to 356.03 bln in Q3
EconomyMacroeconomyrelate to the Greek Loan Facility’s (GLF) bilateral loans from the first programme. An additional...Greece’s central government debt rose by 10.65 billion to 356.03 billion euros quarter-on-quarter... bonds (-1.90 billion), special purpose and bilateral loans (-120.8 million) and loans held by the BoG
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