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Cyprus faces critical August test as UN pushes for diplomatic results in peace talks
PoliticsForeign Policy‑General António Guterres before he decides whether to convene another informal 5+1 meeting involving... of both sides and of the guarantors to move forward with a 5+1 meeting, but with adequate preparation... warning was even more explicit: “I don’t want to have more 5+1 meetings without results
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Are things looking up for Greece's privatisation programme?
Economyinfrastructure costs and the metropolitan park. HRADF issued a statement on June 5 noting that five... as of October 1, 2009) for the use and exploitation of OLP’s Piers II and III. The same announcement also... in the 2014 budget. In addition, the new cumulative privatization target by 2020 was set at 22.3 billion from
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Greece shelves water privatisation plans, leaving gap in revenue targets
Economyfor 2014 and 2015 respectively. The market capitalisation of EYDAP stands at 1 billion, implying... targets, particularly for 2015. The latest official targets of privatisation revenues had been set.... In addition, eight investment groups submitted on June 5 expressions of interest for the sale of a 67
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After landmark return in April, Greece prepares to tap bond markets again
Economytimetable is subject to the approval of the next sub-tranche of 1 billion euros by the upcoming Eurogroup... tourism is set to support the anticipated GDP rebound of 0.6 percent this year with 5-month international... with a coupon of 5 percent on March 18. One month later, National Bank issued a 5-year note of 750
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ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
Economyin the fourth quarter of 2014. Both programs are set to last at least two years. Greek banks currently have... billion respectively), while Alpha and Eurobank’ figures stand close to 4 and 5 billion respectively... at the low end slightly above 1 billion. Overall, Greek banks have an existing pool of securitized loans
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The one question SYRIZA needs to answer
Agora29th will not reach the minimum 180 required. In this set of circumstances, national elections seem... billion at the end of June and exceed 5 billion euros by September. On a quarterly basis, for IMF... a small cash cushion, March saw a sizeable primary deficit of just under 1 billion euros
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Leaders draw battle lines as Greece heads to snap polls on Jan 25
PoliticsGreek Politics, rather than February 1 which seemed more likely, also raised a few eyebrows. Holding the elections... is set for a gruelling clash over the next few days. A Palmos poll for the TVXS website published.... Most polls have suggested a smaller gap of around 4 to 5 percentage points between the two parties
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Parliament's budget office warns government to move quickly
EconomyMacroeconomyoutlined a set of objectives for the upcoming negotiations: 1) Greece to remain in the eurozone 2... and procedures supporting economic efficiency 5) End of austerity but coupled with growth
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What are Greek coalition's plans for privatisation programme?
Economyseparate projects: 1) The split and sale of a 30 percent stake in PPC capacity and client base... revenues so far at 2.96 billion. For 2015, the privatization revenue target was set at 2.47 billion... family (5 percent). One of the MoU cornerstones is the pledge that any asset that is transferred
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyarrears - were created over the past 5 years. More than 3.7 million taxpayers, of which 3.33 million... billion (97 percent of the total). The upper bracket, including those who owe more than 1 million each... with an objective value (as set by tax authorities) up to 200,000 euros for taxpayers
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