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Athens waits to sound out IMF, PM moves on from vote
PoliticsGreek PoliticsMinister Alexis Tsipras’s visit to Washington next week, the government has some time to take stock... has raised hopes in Greece that discussions over next year’s fiscal gap, as part of the third review... for Athens to get a full picture of where the IMF stands. There has been much concern within
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomyCentral Bank (ECB) funding fell by 1.21 billion to 13.23 billion euros. ELA funding has fallen every... review. The reduction in ELA funding in September had largely been anticipated, as the ECB has been... of the first programme review, central bank funding has fallen by 53.99 billion, with around two-thirds
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Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct
EconomyMacroeconomysurplus of 100 million. Throughout the crisis, Greece’s balance with the rest of the world has.... The cumulative drop since 2010 in disposable income has reached 40 percent, while consumption has been reduced by 28 percent. The drop in disposable income and the reduction in gross saving has pushed
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Effort to end notaries' strike amid concern for auctions, NPLs
EconomyProgrammeproperty auctions, which has led to the latter group refusing to take part in any more..., including electronic ones that are due to start at the end of November, has triggered concern within... to the government that the issue has to be dealt with quickly. As a result, Justice Minister Stavros
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Parliament to take up Kammenos allegations next week
PoliticsGreek Politicsof a middleman in the deal, who the Saudis denied knowledge of, Kammenos has also been accused in the Greek.... The government so far has dismissed the claims of wrongdoing against Kammenos and put the allegations down to destabilising efforts by the opposition and parts of the media with which the defence minister has had
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Tussle over arms deal sets tone for polarised politics
PoliticsGreek Politics, it appears that this issue has not been put to bed. On Tuesday morning, New Democracy asked for all those... that could be damaging to the government that has yet to come to light and that further revelations... of others in SYRIZA who are uncomfortable with the Saudi pact, the tone has been set for the political
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Athens, creditors on way to settling energy, labour issues in third review
EconomyProgrammeCorporation’s (PPC) lignite-powered plants has been settled and that the details, along with an agreement..., which has been scheduled for Friday. After Tuesday’s talks, Stathakis insisted that the divestment... on a strike from one third to 50 percent. This means that the other issues the Labour Ministry has
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Erdogan ends trip with softer tone, consensus on refugees
PoliticsForeign PolicyTurkish roots. This issue has been an age-old bone of contention between the two countries as Greece... has territorial aspirations with respect to Greece. He complained, however, that Greece is not fully respecting the rights of the Muslim community, he insisted that Ankara has no designs over Greek
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Talks on Macedonia name issue to be ramped up but Kammenos unmoved
PoliticsForeign Policy” to be used by FYROM and has been trying to find a way out of that ever since. Everyone is aware... for convergence between Athens and Skopje. Nimetz has already said that there will be additional meetings... European Union and NATO programme,” both of which Greece has blocked by using its veto power. The first
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Omnibus bill to be tabled shortly as Athens edges to third review conclusion
EconomyProgrammefinance ministers will then decide if Athens has done enough to conclude the third review... to exceed 5 billion euros but there has been no confirmation of the exact amount. Left-leaning Efimerida...-bond has also been discussed and the Greek government may seek to tap the markets for a greater amount
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