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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Coalition sets bar low for presidential vote, opts for pre-election rhetoric
PoliticsGreek PoliticsThe government appears to have set 165 as its target for the number of MPs’ votes it hopes to garner in the first presidential ballot on Wednesday. The number has appeared in several reports citing government sources and appears a logical goal in the wa...
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammeThe Eurogroup Working Group held on Monday failed to narrow the differences on the fiscal gap foreseen by the Greek authorities, the European institutions and the IMF. Thus, the date of the mission chiefs’ return to Athens still remains unidentified and...
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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicssuggested that the institutions had made the best effort possible. Also, Slovakian Finance Minister Peter... of programme - that's mutual priority, debt restructuring is not on the table #eurozone #IMF — Peter
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Which way now, Mr Tsipras?
Agoraof them – such as Slovakia’s Peter Kazimir - felt no compuction about openly questioning.... No majority, no ownership could dent implementation of measures & reforms #Greece #eurozone — Peter
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Rising clinical depression hints at hidden side of Greek crisis
SocietyThe proportion of Greeks suffering from major depression has increased substantially since 2011 and is several times higher than pre-crisis levels, according to a new study by the University of Athens. The institution’s Mental Health Research Institute ...
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Tsipras hints at post-election scenario of grand coalition, without him as PM
PoliticsGreek PoliticsIn his first televised interview of this election campaign, Prime Minister Alexis Tsipras has claimed he will not continue as premier if SYRIZA is forced into an alliance with New Democracy, To Potami and/or PASOK. Tsipras told Alpha TV on Wednesday nig...
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek PoliticsThe terrorist attack on former Prime Minister Lucas Papademos in Athens on Thursday has drawn attention away from the uncertainty created by the failure to reach an agreement on debt relief at Monday’s Eurogroup, but discussions are continuing in the ba...
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek PoliticsGovernment MPs were due to vote on Thursday afternoon a series of last-minute amendments aimed at ensuring that Greece has completed all 140 of its prior actions ahead of Thursday’s Eurogroup. The amendments, a disparate set of interventions on issues, ...
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeDuring his visit to Athens on Tuesday, European Economic Affairs Commissioner Pierre Moscovici seemed to suggest that Greece might not have to implement the pension cuts that have been lined up for next year. When questioned about this issue after a mee...
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