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IMF Spring Meetings seen as next waypoint in completion of review
PoliticsGreek Politicsa staff-level agreement (SLA). This would lead to the prior actions that the Greek government has... to be agreed is the regular gathering on May 22. However, the Greek government has suggested.... There has been no visible decent from the right-wing grouping so far. Kammenos also said
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Newsletter 115 - 21/04/2017
that Greece will have to follow from 2019 onwards. The IMF, including Lagarde, has reiterated its position... be highlighted that the IMF has insisted for some time that the measures taken so far by Greece... for the return of the missions to Athens next week, was that this issue has now been settled
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Disposable income rises slightly in Q4 for first time since Q3 2014
EconomyMacroeconomysecurity contributions. Over the last seven years, disposable income has been slashed by 36.6 percent... and landed at 15.75 billion. Since 2009, compensation of employees has recorded a nosedive of 32.8... quarter and stood at 14.61 billion in Q4. This item has declined by 27.5 percent over the last seven years
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Tsipras rallies ministers and MPs before multi-bill arrives
PoliticsGreek PoliticsThe multi-bill containing the measures the government has agreed with the lenders is due... “undoubtedly positive.” This will be music to Tsipras’s ears as the government has been trying... that any MPs from the ruling party will now turn against the agreement. Tsipras has also decided to use
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Ankara directs ire at Athens over ruling on soldiers as Cyprus talks drift
PoliticsForeign Policyrequest for the men, which it has branded traitors, in January after Greece's top court ruled... activity in the Cypriot EEZ has coincided with reports in the Turkish Cypriot press according to which... further pressure on the Cyprus Republic ahead of hydrocarbon exploration in July. UN role There has been
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Ahead of vote, Tsakalotos appeals to SYRIZA MPs with positive message
PoliticsGreek PoliticsThe government has made a last-minute bid to secure the votes of all 146 SYRIZA MPs in the upcoming... the government and the institutions, Finance Minister Euclid Tsakalotos has attempted to ensure... for personal incomes, which is scheduled to apply from 2020 unless Greece misses its fiscal targets and it has
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China's bumpy road to Greece
EconomyFeatureshas found itself a potential ally in China. China wants to strengthen its foothold in Europe... and a year of cultural exchange has also been launched. Chinese investment One of the private.... The world’s largest coal producer, Shenhua Group has signed a renewable energy deal with Greek
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek PoliticsThe terrorist attack on former Prime Minister Lucas Papademos in Athens on Thursday has drawn... it has a clear advantage over SYRIZA. The incident overshadowed the ongoing efforts to overcome... primary surplus targets of less than 3.5 percent of GDP after 2022. There has been no clear indication
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Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
EconomyMacroeconomyand stood at -69.7, its highest reading since January. However, consumer confidence has dropped by 5.3... is the lowest reading since May 2016. Since the beginning of the year, this indicator has declined by 4.7.... Over the last 12 months, the biggest improvement of 22.9 points has been recorded by the services
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Another Eurogroup for Greece where all options fell short
Agora, an agreement that “would convince markets the debt has been addressed on a permanent basis... warning sign came from the man who, since 2011, has been tasked with preparing these gatherings, Thomas Wieser, who has about a decade’s worth of Eurogroups under his belt. “So the implementation
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