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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyfor the Fund to join the Greek programme. The IMF has been consistent in its view... has committed to further pension reforms in 2019 and tax reforms in 2020, although there is some... picture for 2018 will be more solid. At the same time, the view of the eurozone has been clear
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek PoliticsEntering the final stretch of negotiations with the institutions, Prime Minister Alexis Tsipras has...,” he told lawmakers. In essence, this is a reaffirmation of the message that Tsipras has been sending... that Tsipras often visits in his speeches and is still one of the most potent tools he has in bringing his
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War of words fuels bitter mood in Greek politics
PoliticsGreek Politics’s sister. Kammenos has been involved in a long-running battle with Marinakis. The minister accused... mood in Greek politics. This is being fuelled by much of the media, which has taken a partisan... the opposition has recently tried to highlight the government’s weaknesses is foreign policy, particularly
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Turkish elections put Athens on alert as name talks reach crucial juncture
PoliticsForeign Policyhigh level of tension with Greece. The government has decided not to reply to statements made... is concerned that the Turkish leadership has linked the issue of the two Greek soldiers with the eight... to hold election rallies in Western Thrace. Unlike Germany, it has not taken any decision to forbid any
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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomythe progress that has been achieved on a number of fronts as Greece is approaching the end of its... falls well short of the rest of the countries in OECD and has room for significant focus... credibility has strengthened due to the fiscal consolidation bearing fruit in the form of strong
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomy, a decrease of 0.2 percent. Compared to the same month last year, the figure for those employed has risen by 33,636. Total employment has been standing above 3.7 million since February last year. The figures... by 0.9 percentage points (pps) from last year to 26.2 percent. This figure has been declining since
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Banks focus on defining challenge of reducing NPEs
EconomyBanking), a subsidiary wholly owned by Eurobank, which has been licensed by the BoG. It was followed..., 2017. The consideration of the transaction has been agreed at 90 million euros or approximately 4.5 percent of the total outstanding principal amount. The servicing of the portfolio has been
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Coalition eyes electoral change, polls show wide lead for New Democracy
PoliticsGreek Politicsand To Potami have indicated they are willing to support the change, New Democracy has linked the restructuring to Greeks abroad being allowed to vote in national elections. The government has so far shown... that New Democracy has moved into clear majority territory. According to the Pulse poll for Skai TV
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High expectations and landmarks on road to privatisations in 2018
EconomyProgrammeof the Egnatia highway has a number of actions that are needed to move the project forward with key deliverables... of a financial closing by this December, which has a total cash consideration that exceeds 900 million euros. On other projects, the tender for the sale of 5 percent of OTE has been launched
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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomyto April 2017, the ESI has risen by 10.8 points. Although the overall index rose, consumer confidence decreased by 2.2 points to -51 in May compared to -48.8 in April. Year-on-year, consumer confidence has...-on-month to -1.5, staying negative for a third month. In the year so far, industry confidence has
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