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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek PoliticsMechanism’s board of governors in Luxembourg in the morning, it was confirmed that the institutions had... and 2060 or an “average” surplus of 2 percent during this period. Dijsselbloem’s comment regarding... Minister Euclid Tsakalotos could walk away from Thursday’s meeting with a statement
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Tsipras eyes next step after mixed Eurogroup deal
PoliticsGreek Politics. However, the government’s hopes of issuing a new bond this summer to test the water appear to have... that Greece’s debt is sustainable. It was noticeable that there were only slight downward movements...’s meeting, which did not deliver a game-changing decision for Greece. The absence of QE
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Current account deficit eases by 410.6 mln in April
EconomyMacroeconomyGreece’s current account (C/A) deficit eased by 410.6 million euros to 461.7 million in April from... income account is a reflection of the deterioration the general government sector’s balance... to 2.99 billion euros, reflecting the fall in the good’s deficit along with improving surpluses
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Energy efficiency: Legal parameters of a very substantial economic and strategic issue for Greek companies
Legala declaration with regard to the assumption of each party’s obligations, the energy efficiency measures.... Specifically, the European Commission’s “Clean Energy for all Europeans” package was very recently the main theme of a meeting of the European Energy Council focusing on the package’s proposals
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PASOK launches attempt to form alliance that would rival SYRIZA
PoliticsGreek Politicslater this year. She suggested that a vote should be held in October to elect the alliance’s first... that the PASOK leader’s gesture to unite the centre and centre-left should be taken seriously. It also puts the ball in the court of Potami leader Stavros Theodorakis after he pulled out of last year’s
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Athens hopes for sub-tranche this week, ND keeps up pressure on Kammenos
PoliticsGreek PoliticsThe Greek government is confident that the European Stability Mechanism’s board of directors... some remaining prior actions. The ESM’s board of governors met via teleconference on Wednesday... for a parliamentary inquiry to be set up to investigate Kammenos’s intervention in the Noor 1 drug smuggling
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Blame game follows collapse of Cyprus reunification talks
PoliticsForeign Policy,” since the latter, through his spokesman, welcomed the following day, Turkey’s strong commitment... Secretary-General Antonio Guterres on Thursday evening. The Cypriot government’s version... a similar account to Cyprus Mail in which Cavusoglu soon reverted to Turkey’s publicly stated
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Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
Agoragiving it a 50 percent interest in the block. In 2015, Eni discovered 850bcm of gas in Egypt’s Shorouk... a significant boost to Cyprus’s hopes of monetising its gas reserves. Total’s ultra-deepwater... possibility that Erdogan will send one of the country’s two seismic research vessels to conduct
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Movement on name issue but Athens keeps expectations low
PoliticsForeign Policyis Greece’s best neighbour. According to Greek diplomatic sources, the strategy of the new FYROM government... General Jens Stoltenberg a few weeks ago, Zaev said his country’s intention is to join NATO under... during a joint press conference with FYROM’s Foreign Minister Nikola Dimitrov, Roth was quoted as saying
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Government stalls possible bond issue, clashes again with judiciary
PoliticsGreek Politicsconcerned that the publication of the IMF’s Debt Sustainability Analysis might halt the positive... that the 2014 bond had a yield that was 1.41 times higher than Portugal’s rate. He suggested that if the same applied today, Greece should borrow at a rate of 1.84 percent. Justice Domestically, the country’s
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