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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeThe Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two key transactions, which are the most important for April’s obligations. The first relates to the rollover of 1.4 billion of 6-month T-Bills that mature on...
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Outcome of next vote on prior actions to set tone for political developments
PoliticsGreek PoliticsPrime Minister Alexis Tsipras hopes to clear this week the last legislative hurdle at home before resuming negotiations with lenders on the details of a third bailout for Greece. The multi-bill due to be passed through Parliament on Wednesday sweeps up ...
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SYRIZA buffeting continues as parties get set for official start of election race
PoliticsGreek PoliticsAll the indications are that Greece will appoint a caretaker prime minister on Friday, paving the way for elections to be held, most probably on September 20. Popular Unity leader Panayiotis Lafazanis is expected to hand back the exploratory mandate on ...
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Athens chided over asylum process but complex set of obstacles in way
PoliticsGreek PoliticsGreece appears to have come under criticism again for its role in the implementation of the EU-Turkey agreement, although Athens has been quick to dismiss any complaints. The Financial Times reported this week that German Chancellor Angela Merkel compla...
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Timetable set for multi-bill vote, Athens hopes for debt progress in meantime
PoliticsGreek PoliticsThe political timeline for the coming days, which revolves around the vote on the multi-bill and the discussions on debt relief, has become clearer. It was revealed on Monday that the omnibus bill, containing the measures and counter-measures agreed wit...
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek PoliticsMonday’s Eurogroup ended without an agreement on debt relief for Greece, with a possible decision being put back to the next gathering of eurozone finance ministers on June 15. Eurogroup chief Jeroen Dijsselbloem attempted to inject some optimism into t...
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Name deal set to be key factor in determining lifespan of SYRIZA-ANEL coalition
PoliticsGreek PoliticsAlthough differences between coalition partners SYRIZA and Independent Greeks (ANEL) over the Macedonia name deal show no signs of abating, the government is making it clear that these different views will not trigger a premature end for Prime Minister ...
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Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek PoliticsThe Macedonia name issue continues to dominate the domestic political agenda even thought SYRIZA’s junior coalition partner, Independent Greeks (ANEL), claimed on Tuesday that they have no intention of bringing down the government over this matter. Defe...
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Coalition set to extend, improve OCW but opinion poll favours ND
PoliticsGreek PoliticsThe government is trying to tie up a number of loose ends before the end of the year, which it hopes will be popular with voters although a new opinion poll shows New Democracy extending its lead over SYRIZA. The government submitted to Parliament on Th...
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Minimum wage increase set for end of January amid concerns about economic impact
EconomyGreece’s Labour Ministry is moving ahead with plans to increase the country’s minimum wage between 5 and 10 percent amid calls for caution over such measures. The issue is due to be discussed between Labour Minister Efi Achtsioglou and the institutions,...
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