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After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
EconomyProgramme-free threshold as well as cut pensions. It also has to avoid implementing any of the compensatory... settling the debt relief and fiscal issues, this also means that Athens has to progress with its..., the preparatory work for dozens of others has been done and they will soon be ticked off the list. It is however
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek PoliticsEntering the final stretch of negotiations with the institutions, Prime Minister Alexis Tsipras has...,” he told lawmakers. In essence, this is a reaffirmation of the message that Tsipras has been sending... that Tsipras often visits in his speeches and is still one of the most potent tools he has in bringing his
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Over one in five Greeks struggled to make ends meet in 2017
SocietyNew data from Eurostat has revealed that over one in five Greeks is classed as severely materially... is therefore the first time in seven years that the rate has gone down rather than up, but still means...). Households reporting pensions as the main source of income has risen compared to last year’s figure
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Institutions prepare for Athens return, completion of fourth review
EconomyProgrammeStability Mechanism to be activated. This point seems to be one of the biggest hurdles that has to overcome... they can be” the better. The ECB has also advocated Greece taking out a precautionary credit line.... The central banker also stressed that although progress has been made on electronic auctions
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War of words fuels bitter mood in Greek politics
PoliticsGreek Politics’s sister. Kammenos has been involved in a long-running battle with Marinakis. The minister accused... mood in Greek politics. This is being fuelled by much of the media, which has taken a partisan... the opposition has recently tried to highlight the government’s weaknesses is foreign policy, particularly
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Turkish elections put Athens on alert as name talks reach crucial juncture
PoliticsForeign Policyhigh level of tension with Greece. The government has decided not to reply to statements made... is concerned that the Turkish leadership has linked the issue of the two Greek soldiers with the eight... to hold election rallies in Western Thrace. Unlike Germany, it has not taken any decision to forbid any
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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomythe progress that has been achieved on a number of fronts as Greece is approaching the end of its... falls well short of the rest of the countries in OECD and has room for significant focus... credibility has strengthened due to the fiscal consolidation bearing fruit in the form of strong
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Athens and creditors place immediate focus on remaining key deliverables
EconomyProgrammemuch progress the Greek government has made in completing the 88 prior actions of the current review... be ticked off the list. One of the prior actions that has trouble the government most... as the International Monetary Fund has not yet officially backed down from its demand for the reduction
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomy, a decrease of 0.2 percent. Compared to the same month last year, the figure for those employed has risen by 33,636. Total employment has been standing above 3.7 million since February last year. The figures... by 0.9 percentage points (pps) from last year to 26.2 percent. This figure has been declining since
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Technical talks progress but debt relief, credit line continue to grate
EconomyProgrammeon the government. Government sources also told Avgi that Athens has received approval for its growth... of whether the Fund will take part in the programme has to be put to its board soon. Credit line... the programme ends has been revived this week partly due to an interview by the European Central Bank’s
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