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Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek Politicsthat the International Monetary Fund has convinced the other partners Greece needs to stick to pension... any suggestions that his administration has been forced into a corner by creditors. Indeed..., chance to govern) unless he has run out of other options.
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyby 16,100 MoM to 3.52 million, which is the lowest reading since April 2014. In addition, there has been.... This is the lowest reading since May 2012. The jobless figure has almost tripled over the last... for a job. It is the fourth straight month this figure has risen. After a sharp drop by almost 30
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Tsipras mulls options as creditors pile on pressure
PoliticsGreek Politicsevening but Athens has not publicly acknowledged such a deadline. The mood in Athens following... officials have identified Thursday's Eurogroup as the moment by which there has to be some kind... of the proposal already made by the institutions and that has to be implemented virtually overnight rather
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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek Politicsgeneral council and Thursday’s gathering of eurozone finance ministers in Luxembourg. Greece has..., no other opposition party has indicated that it is willing to fully support this package of measures..., there has been no increase on the discount. Should ECB officials choose to impose a higher haircut
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Greece rides the ghost train
Agoranegotiations, and therefore the prevailing uncertainty, he has allowed the economy to be damaged further. In turn, this has meant that the size of the fiscal adjustment he needs to make to hit whatever... eke out something at the last minute that would make such an agreement a little more palatable. He has
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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicsa debt swap between the European Stability Mechanism and the European Central Bank has not been... a deciding factor in negotiations. The ECB has reportedly planned an emergency session of its governing... only progress if there are “adults in the room” was probably the most acerbic criticism that has been
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek PoliticsJeroen Dijsselbloem has said he wants a document to emerge from the talks between Tsipras.... It is fairly likely that if Tsipras comes back with the deal that has been put on the table by the lenders his... in front of Tsipras are an attempt to bring down his government. This speculation has been fuelled
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As second bailout comes to an end, Tsipras eyes third amid domestic turmoil
PoliticsGreek Politicsin with reports from Brussels that the government has offered to back the "Yes" vote on Sunday or to cancel... has been held on Sunday. These developments come after reports of heightened tension within... lenders. This difference in opinion as well the devastating impact of Greek banks being shut has
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Tsipras wins referendum but sceptical lenders, limited time stand in way of deal
PoliticsGreek Politicsthe possibility of an agreement in the short-term has moved even further away as an emboldened Tsipras will push for better conditions from lenders. He has already made a clear reference to a 30 percent reduction... open by Tuesday. Also, Athens has to pay the first round of civil servants' salaries for the month
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What next for Greece's revenues and spending?
Agora. The government has not yet clarified when the ENFIA for this year will be paid, but certainly it would... grants for the social security system. Since March, the Finance Ministry has stated repeatedly... conditions, the expenditure will revert to the levels of budget targets.” The government has to pay
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