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Debt relief discussions continue as clock ticks down to June 21 Eurogroup
EconomyProgrammereceive 5 billion euros in profits made by eurozone central banks on Greek bonds and will be given... years for each 5 billion euros of the leftover funds that Greece requests. Speaking to Greek journalists... Greek debt sustainable over the medium and long term? It is like pregnancy. You can't be half pregnant
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Athens turns its attention to settling differences with Albania
PoliticsForeign Policyof the Greek ethnic minority in Albania to be adopted. All these issues were discussed during... and Stability last Friday. On the same day, the third round of talks between Greek and Albanian technical... in Turkey and the way it handles Greek-Turkish relations is sometimes worse than Erdogan.” The issue
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Blueprint for election battle laid out in Parliament debate
PoliticsGreek Politicsabout the Greek economy and the exit from the programme but strayed into a number of other fields... value of the shares in Greek banks held by the Hellenic Financial Stability Facility (HFSF). Citing... Nationality.” The Greek description can be translated as citizenship, as well as nationality
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Are you not entertained?
Agoraat the corner of Europe that represents 2 percent of the total eurozone economy. The Greek government naturally... by the average Greek, and this is not because the last decade has sapped hope. GDP decline Greece’s real... damaging the ongoing threats and speculation of Greece dropping out of the euro were for the Greek economy
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingin the previous quarter. In the Greek market, NPE formation in Q2 fell by 516 million, driven by a 642... percent compared to 80 percent previously. In the Greek market, NPL formation fell by 722 million euros... in these sales, the cost of risk in Q2 came to 82 million. The Greek cost of risk came to 151 bps over
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsadded. The state of play in Greek public finance, along with the 2019 budget, were due to be part of the discussions between the institutions’ mission chiefs and Greek government officials on Wednesday.... Kammenos suggested that he might turn his back on the coalition if Greek Parliament has to ratify
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Athens believes name deal still alive, waits for move from Zaev
PoliticsForeign Policyand some confusion. This was evident in the Greek Foreign Ministry's announcement before the final....” The official response from the Greek Foreign Ministry also contains theories about “extreme and aggressive... that there is a majority in the Greek Parliament to ratify the Prespes Agreement. This prompted an angry
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomypotential of the Greek economy and to improve the Greek social safety net that will be implemented provided that the agreed medium-term targets are met.” In the MTFS earlier this year, the Greek... public sector pensions, along with some other minor adjustments. In return, the Greek authorities have
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammeThe Greek government is expected to submit to the European Commission a version of its 2019 budget that is along the lines of the draft plan submitted to Greek Parliament on October 1, which includes... Thomsen also met separately with the Greek official. Athens claims that the measure was only agreed
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Newsletter 179 -19/10/2018
’s Parliament. Should he succeed now, or after snap elections, the treaty’s submission to Greek... approved by Greek MPs, allowing Tsipras to call snap elections soon afterwards. It is still deemed..., slightly lower than the 9.6 percent growth seen in March. In nominal terms, the Greek economy grew by 2.1
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