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Newsletter 119 - 19/05/2017
the multi-bill would lead to a series of positive developments for Greece. Finance Minister Euclid... that a “tsunami” of investment is lined up to boost the Greek economy. Growth forecast revised downwards Finance... from zero previously. In a legislative improvement tabled in Parliament, the Finance Ministry (MoF
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek Politicsbeing put back to the next gathering of eurozone finance ministers on June 15. Eurogroup chief Jeroen... to be a difficult meeting that ended on a disappointing note. Greek Finance Minister Euclid Tsakalotos suggested... involving all the finance ministers in Brussels, Germany’s Wolfgang Schaeuble, Dijsselbloem, the IMF
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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek Politicsthe key to an agreement at the next gathering of eurozone finance ministers on June 15. The message... if there is no agreement on making Greece’s debt sustainable. The prime minister knows that if Finance Minister... week but which would also secure access to QE. The proposal put to the Greek finance minister
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Tsipras tackles two fronts as debt talks continue
PoliticsGreek Politicsthe one made to Finance Minister Euclid Tsakalotos on May 22, alternative scenarios continue to abound... also reports from Germany suggesting that the Finance Ministry in Berlin believes that Athens has to sign a new Memorandum of Understanding to receive debt relief. The response from the Greek Finance
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What can Greece expect at the next Eurogroup?
Agorathem on May 22. At last month’s meeting of eurozone finance ministers, the reluctance... on the table fell short of what Athens had been expecting. Unsurprisingly, Finance Minister Euclid.... On May 22, it appears that Finance Minister Wolfgang Schaeuble made what he thought was a concession
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicswas expressed during the gathering, which was addressed by Finance Minister Euclid Tsakalotos... eurozone finance ministers meet again. They also need to be ticked off so that the institutions can issue their compliance report ahead of the next Eurogroup. Based on this report, the finance
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Greece eyes higher growth as possible catalyst for Eurogroup deal
PoliticsGreek Politicsbetween now and 2060, which prompted a public rebuke from German Finance Minister Wolfgang Schaeuble who... restructuring takes place and vice-versa. French Finance Minister Bruno Le Maire had an opportunity... Jeroen Dijsselbloem and Italian Finance Minister Pier Carlo Padoan on the same day “to find a solution
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicssoon after Parliament approved the package of measures agreed with Greece’s creditors. Finance Minister... the latest amendments. The finance minister added that the government has written to the institutions... of eurozone finance ministers, unlike last month. This was interpreted in Greece as a sign that some
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Athens banks on French support for debt relief and growth
PoliticsGreek PoliticsThe Greek government is due to welcome French Finance Minister Bruno Le Maire to Athens on Monday... supportive of the Greek demands at the May 22 Eurogroup. The French finance minister took part in the small... to prepare a compliance report so the eurozone finance ministers can approve the release of the next
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Rhetoric ramped up ahead of Eurogroup but deal still in sight
PoliticsGreek Politicsthat the prime minister had performed an about-turn. On Monday, he told French Finance Minister Bruno Le... on a sustainable overall package," Finance Ministry spokesman Juerg Weissgerber said, according to Reuters... in Finance Minister Euclid Tsakalotos and that the Greek prime minister has failed to understand that EU
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