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Name talks enter crucial phase as Athens prepares to share draft "pact"
PoliticsForeign Policyand Skopje. The draft of the so called “pact” has been compiled by a group of experts at the Greek Foreign Ministry and has been handed to the government for approval. The Greek government is expected... attainability and viability.” Another question that remains unanswered is whether the FYROM government has
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Athens hopes for next bailout tranche as first phase of review talks conclude
EconomyProgrammethat it has done enough to secure the next bailout tranche, bringing the third review to an official...-free threshold in 2019 rather than 2020. Instead, the focus has been on identifying which of the 88... has made the task extremely difficult. Athens had been due to deliver on this prior action by the end
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Clearer roadmap for completion of third programme emerging
EconomyProgrammein the informal Eurogroup in Sofia on April 26th. The briefing reaffirmed that the timeline ahead has two more... that there is no set date for the start of the programme which the IMF has approved on principle... Ministry has stressed that the issue is less to do with borrowing targets than with improving
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammedebts from Greece’s lenders has been around for several years but has stumbled on the capital... in the second half of last year, Greece still has by far the highest ratio of bad loans in the EU. According
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammebillion euros will be released once the institutions are satisfied that Greece has met... confirmed that its board of governors has approved the supplemental memorandum of understanding... weeks has been fuelled for political reasons. The suggestion from the ruling coalition is that its
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Progress on new property values but concerns about energy privatisation
EconomyProgrammehave collected around 2.6 billion euros from the property levy and this year’s budget has an identical... to be worth more than 200,000 euros. A clearer picture will only emerge after a secondary panel has... in the objective values that have been proposed. There has been pressure on Athens from the lenders
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomyof the year, Eurosystem funding has fallen by approximately 7.38 billion. As with the previous month... Bank (ECB) funding to 11.24 billion euros. In recent months, ELA funding has been steadily falling... with improved market access. Eurosystem funding to Greek banks has declined by approximately 100.28
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Ankara tension and Macedonia name talks weigh down coalition
PoliticsGreek Politicsparty has urged the government to engage on these issues via the institutional route... the necessary political consensus at home. This has provided Mitsotakis with a platform to attack Tsipras.... This has given the government’s critics more ammunition. On Thursday, New Democracy spokeswoman Maria
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Complications over reforms cast doubt on June target for global deal
EconomyProgramme. The Finance Ministry has indicated that evaluators increased the values in around 60 percent of areas... finance ministers that has so far been the target for all sides. Nevertheless, it may be the case... by the lenders. PPC divestment One of the most prominent reforms that the Greek government has
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Central Athens shop closures at six-year low, mixed picture in other commercial centres
EconomyFeaturesA survey by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) has revealed that the number of shuttered shops in Athens’ city centre has dropped to its lowest level since 2012. The survey has been carried out every six months since 2010 and centres on several main commercial
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