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Russia and China prove hot topics in Tsipras-Obama talks at NATO Summit
PoliticsForeign Policywith Russian President Vladimir Putin to end the crisis in Syria. According to the same report, the Greek... for a long time and even Greek President Prokopis Pavlopoulos has expressed similar views while meeting... against Russia, following the events in Ukraine and Crimea. Furthermore, the Greek government
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Government eases capital controls further, aiming to restore depositor confidence
Economyon money deposited with a Greek bank in banknotes as of July 22. The measure actually targets the return... was signed, Greek banks saw rather limited inflows of 1.11 billion euros until the end of May. The year... in the proportion of money deposited with a Greek bank from abroad that can be withdrawn, the allowance
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Athens pleased with UN talks, Cyprus deal seen taking time
PoliticsForeign PolicyThe Greek government believes Prime Minister Alexis Tsipras’s participation in the recent 71st United Nations General Assembly was successful as the issues the Greek delegation wanted to promote were... of debt relief, the refugee crisis and the Cyprus issue. Additionally, the Greek delegation
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Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
EconomyProgramme, as well as providing a welcome boost that will lead to Greek debt being reduced by around 20 percentage... tranche of the 2nd Greek programme for the year 2017 and the use of the EFSF/ESM funding strategy... ESM funding costs. He said that the combination of the measures would lead to Greek debt-to-GDP ratio
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Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln
EconomyMacroeconomyThe Greek market recorded marginal deposit inflows of 12 million euros in November following... though that a part of time inflows also reflects switch from savings’ accounts. Moreover, Greek banks... inflows of 276 million for the fourth straight month. Overall, total deposits in the Greek banking
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Athens hopes concessions can secure review breakthrough
PoliticsGreek Politicsdevelopments. The Greek government’s hopes stretched to the meeting leading to the rubber stamping... that Greek will have to meet and the measures/contingency plan it must adopt) and medium-term debt... should be set aside until 2018. Nevertheless, it appears that the Greek government is still holding
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EU court ruling leaves margin for change to collective redundancy law
Legalby the Greek Council of State to the CJEU for a preliminary judgment. AGET-Iraklis, owned by the France... to the EU Court two questions concerning the compatibility of the Greek legislation with Directive 98/59/EC... it is feared that the Greek provisions may place a serious hindrance on the freedom of establishment. Based
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ESM and EFSF approve short-term debt relief measures for Greece
EconomyProgrammethat “the ultimate success of the programme lies in the continued implementation of reforms by the Greek... Bank as state aid during the last round of the Greek bank recapitalisation process in early December... of Greek loans. This involves the ESM charging a fixed rate on part of future disbursement to Greece
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An unfounded argument leaves Greece in limbo
AgoraOften, the decisions taken by the eurozone that shaped the Greek crisis at pivotal moments... between all the involved parties over Greece’s fiscal targets from 2018 onwards. Last May, the Greek... regarding what is wrong with the current Greek programme. They asked for lower targets, a more realistic
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Key fiscal differences lower expectations for Eurogroup
PoliticsGreek Politicsthe Greek government legislating the measures demanded by the International Monetary Fund now... to be a full participant in the Greek programme and the European Central Bank to include Greek bonds in its QE programme. While this scheme would give the Greek government the prizes of debt relief
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