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Compromise emerges on liberalisation of NPL market
EconomyProgrammeon the sale of non-performing loan (NPLs). A moratorium has reportedly been agreed on the sale of primary... which a property belonging to an unmarried owner cannot be sold has been set at the so-called objective... that the sale of large corporate and non-primary residence backed mortgages has been allowed since mid
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EU progress on Turkish visas gives Athens hope of low refugee arrivals
PoliticsForeign Policyreported on Sunday that the European Commission is set to announce on Wednesday that “Turkey has broadly... in March, there has been a significant reduction in the number of refugees arriving in Greece from... the month, compared to 13,566 in April last year and 26,971 in March of this year. This has bought
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Tsipras upbeat after vote, Eurogroup but deal details may still present problems
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has been in fan upbeat mood this week following the successful... period in Parliament lies ahead given that the government also has to legislate the 1 percent of GDP...) and the privatisation fund, whose advisory board has to be appointed in the coming weeks. Passing
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomythat Greece has to make by 2018 as part of the first programme review. The bulk of the latest set... fuel is increased as of the beginning of 2017. This has estimated annual revenues of around 700... from personal income tax has been altered. This has estimated annual revenues of 91 million
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Tsipras sails through multi-bill vote, looks to disbursement and debt relief
PoliticsGreek PoliticsThe government breezed through the multi-bill vote on Sunday and has put the ball in the lenders... for Tsipras, who has now survived two very challenging votes in Parliament (including the recent ballot... this year to pay it back. This drew intense criticism, particularly because SYRIZA has made a point
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammein some areas, the report stresses that the government has not been able to mobilise political support... as the slow pace of tackling restrictions in product and service markets. Overall, the IMF has lowered its... relief has to be implemented before the end of the programme in 2018, which runs counter
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Mangling the truth
Agorato a state of war. Certainly, one could safely say that accuracy has taken a severe battering during... the bailouts have failed simply because Greece has not implemented reforms. There was an interesting example... incompetence and the hostile environment it has created. “This is not a good development at all,” tweeted
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Athens sweats on outcome of UK referendum
PoliticsForeign Policyon the outcome. The possibility of an extraordinary EU council on Saturday has not been ruled out. The normal summit is scheduled for June 27-28. Clearly, Tsipras backs the “Remain” campaign but has... has been the most prominent issue for the Brexiters and there are fears that this could act
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Coalition wants next review to be swift despite labour reform complications
PoliticsGreek Politicsin the coming months. Alexis Tsipras’s government has a stretch of relative calm ahead of it after... that it contains have already been a subject of fevered discussion. There has been substantial... that the prime minister’s comments were also designed to coincide with a visit by the committee that has
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Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
EconomyMacroeconomy) figures displayed on Wednesday. The ESI has hovered close to the 90-point mark since March. It has... confidence has improved by 5.7 points. But this only trimmed the year to date losses, which currently... of 6.9 points in May. Since the beginning of the year, this indicator has also recorded gains of 9.3
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