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Tsipras gets his way over September congress, gains breathing space from SYRIZA rebels
PoliticsGreek PoliticsAfter sitting for around 12 hours on Thursday, SYRIZA’s central committee granted brief but potentially vital respite to Prime Minister Alexis Tsipras by accepting his proposal for an emergency party congress in September rather than the immediate gathe...
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Some movement on Greece's name dispute but solution still long way off
PoliticsGreek PoliticsThe name dispute with the Former Yugoslav Republic of Macedonia (FYROM) remains one of the key unresolved matters in Greece’s diplomatic agenda but there appears to be movement on the issue at the moment. United Nations mediator Matthew Nimetz has recen...
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeAfter lengthy discussions over the weekend, the key issues remaining unresolved in the negotiations of Greek authorities with the quadriga mission chiefs are foreclosures and management of bad loans (NPLs). Government officials had initially expressed o...
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammeFollowing the agreement reached with the institutions on Monday, the government tabled under the emergency procedure in Parliament on Tuesday evening the omnibus bill with the last set of pending prior actions. The draft law is due to be voted in the pl...
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Pension reform wrangle prompts Greece to consider going own way on contributions rise
EconomyProgrammeAlthough decisions regarding pension reform are not due until the first programme review scheduled for January, after the second set of milestones has been completed, the issue is already beginning to dominate the agenda. Greece and its lenders remain s...
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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek PoliticsPrime Minister Alexis Tsipras made the clearest attempt yet on Thursday night to change the negative mood surrounding his government by presenting a growth plan for the coming years. In a carefully managed presentation at the Acropolis Museum in Athens,...
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Greek stocks rebound 2.6 pct during week as banks lead way
EconomyThe Greek stock market rebounded by 2.6 percent this week, its first such rise for the last three weeks. Banks notably outperformed for the first time since early September. The share purchase agreement for Hellenikon (former Athens airport) was ratifie...
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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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Greece and creditors feel their way into new round of talks in Athens
EconomyProgrammeThe third round of discussions between the institutions’ mission chiefs and Greek ministers in the context of the second programme review kicked off on Tuesday with an introductory meeting. According to Finance Ministry sources, the two sides agreed on ...
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Differences over pension cuts stand in way of technical agreement
PoliticsGreek PoliticsOfficially, the Greek government is still holding out hope that it will reach an agreement with the institutions this week but all the signs are pointing to more time being needed after a setback in the negotiations. Speaking on Skai TV on Sunday, gover...
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