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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politicsto be implemented in 2019 and 2020, Moscovici insisted that any decision has to be within the framework... of the key debates in the Eurogroup,” said Dijsselbloem of the primary surplus issue. “The IMF has... and others have said it is necessary given that Greece has to comply to the growth and stability pact, which
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Newsletter 100 - 16/12/2016
moved up a notch again on Wednesday when the European Stability Mechanism revealed that it has put... Tsipras last week. The ESM said the debt relief process has been put on hold as the institutions... assistance (ELA) funding by 2.06 and 1.24 billion, respectively. Since last May, ELA funding has
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Shaping the post-programme narrative in Greece
Agoraof a dystopian political environment in Greece. The post-programme policy debate has thus started in earnest... has consistently withheld a decision about its own financial participation in the programme..., the Fund is the second largest source of institutional financial assistance to Greece. It has
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IMF sets out its stall as review deliberations resume in Athens
EconomyProgramme.” The IMF argues that although Greece has undertaken a huge fiscal adjustment in recent years, it has..., with the poverty rate for the working-age population rising sharply since 2010, while that for pensioners has... and the eurozone partners may involve a higher fiscal target than the Fund has proposed for a while. However
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The IMF and Greece's bitter pill
Agoracriticised over its involvement in the first two Greek programmes, the IMF has remained on the sidelines since the start of 2015, although it has been heavily engaged in talks. During this time, it has made... Greece has to stack more measures that the IMF believes will kill off demand and growth in the short
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Tsipras wins domestic support for pension bonus but key struggles lie abroad
PoliticsGreek Politicsto 1.6 million pensioners and knowing that he has put main opposition party New Democracy... making a move that has some appeal to voters, Tsipras also managed to put New Democracy... and Economic Affairs Commissioner Pierre Moscovici, and has a meeting with Merkel lined up in Berlin
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Newsletter 101 - 23/12/2016
that need to be settled so the second programme review can be concluded, it has put a strain... that the Greek state has a right to give its approval in such cases but that the law is too vague and may... (albeit one that has much clearer conditions than the current one), but it does not make any
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After pension dispute with lenders, coalition faces domestic unease
PoliticsGreek Politicsout its excess surplus. New Democracy has been the most active in trying to compound the government..., who has a stronger connection with the party’s traditional right-wing supporters than conservative leader Kyriakos Mitsotakis, has had a more prominent role in the last few weeks – a sign
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Mindful of role, Athens gears up for Cyprus Conference
PoliticsForeign Policy. Meanwhile, there has been no progress or even preparation between the two sides on the island... on the issues of security and guarantees. No preparation has been made so far. Athens has set.... Since then, however, and following talks between Tsipras and Anastasiades, Athens has refrained from
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Stocks up 2.1 pct in last week of 2016 as year's performance turns positive for first time since 2013
Economyvalue. It is also worth noting that the general index has tumbled 44.6 percent over the last three... posted on February 11, the Greek market has rebounded by 46 percent. Its current level stands just... of 431.40 on February 11. It has almost doubled since then, closing at 837.94 on December 30. However
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