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Parties clash over Novartis allegations in sign of things to come
PoliticsGreek Politics, exposing divisions in their ranks. The government’s proposal stood, though, as it has a parliamentary... the probe. He also noted that there has also been an attempted suicide, a suspect fatal car crash... the holes in a case that has not yet been fully investigated and to portray the government as trying
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Reshuffle scenarios resurface for Tsipras after ministers resign over rent subsidies
PoliticsGreek Politicswas approved by opposition parties, as the coalition has been keen to stress. The subsidy was available only... he has been mulling for the last few months. There had been expectations late last year that changes...-related remarks. Over the last few months, there has also been speculation that Tsipras will replace
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Name talks enter crucial phase as Athens prepares to share draft "pact"
PoliticsForeign Policyand Skopje. The draft of the so called “pact” has been compiled by a group of experts at the Greek Foreign Ministry and has been handed to the government for approval. The Greek government is expected... attainability and viability.” Another question that remains unanswered is whether the FYROM government has
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Athens hopes for next bailout tranche as first phase of review talks conclude
EconomyProgrammethat it has done enough to secure the next bailout tranche, bringing the third review to an official...-free threshold in 2019 rather than 2020. Instead, the focus has been on identifying which of the 88... has made the task extremely difficult. Athens had been due to deliver on this prior action by the end
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Clearer roadmap for completion of third programme emerging
EconomyProgrammein the informal Eurogroup in Sofia on April 26th. The briefing reaffirmed that the timeline ahead has two more... that there is no set date for the start of the programme which the IMF has approved on principle... Ministry has stressed that the issue is less to do with borrowing targets than with improving
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Next key programme developments due in April as Athens shapes growth strategy
EconomyProgrammefor this year has been revised downward slightly from the 2.5 percent included in the 2018 budget. Further... Tsakalotos has indicated that the government’s aim is to boost small- and medium-sized enterprises... not needed.” The ESM chief also stressed the need for Greece to abide by the agreement it has made regarding
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammedebts from Greece’s lenders has been around for several years but has stumbled on the capital... in the second half of last year, Greece still has by far the highest ratio of bad loans in the EU. According
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammebillion euros will be released once the institutions are satisfied that Greece has met... confirmed that its board of governors has approved the supplemental memorandum of understanding... weeks has been fuelled for political reasons. The suggestion from the ruling coalition is that its
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Progress on new property values but concerns about energy privatisation
EconomyProgrammehave collected around 2.6 billion euros from the property levy and this year’s budget has an identical... to be worth more than 200,000 euros. A clearer picture will only emerge after a secondary panel has... in the objective values that have been proposed. There has been pressure on Athens from the lenders
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomyof the year, Eurosystem funding has fallen by approximately 7.38 billion. As with the previous month... Bank (ECB) funding to 11.24 billion euros. In recent months, ELA funding has been steadily falling... with improved market access. Eurosystem funding to Greek banks has declined by approximately 100.28
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