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IMF's outlook on debt unsustainability adds to doubts after inconclusive Eurogroup
EconomyProgrammethreshold for personal incomes and cuts to existing pensions, now in order for the review... that all participants acknowledged that the Greek economy performed better than expected last year... reportedly projects lower growth rates than the Europeans and sees Greece’s primary surplus at 1.5 percent
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Tsipras and Mitsotakis cheer Macron win, hope to benefit
PoliticsGreek Politicsof the second than his predecessor. However, Greek hopes of a more influential and supportive presence... intentions could prove no more than that. Mitsotakis’s hopes The New Democracy leader seems to be hoping for a different type of fillip from Macron than Tsipras. The prospect of France being able to steer
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek Politicson Monday that he expects an agreement within June, rather than at the Eurogroup on June 15 specifically.... It is possible that Tsipras will go as far as he can in order to get the best deal available (or to be seen... that the government knows it will have to back down eventually if nothing better than the May 22
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Trash dispute troubles SYRIZA ahead of political lull
PoliticsGreek Politicsforceful than an independently-organised anti-government protest earlier in the week. Representatives... in the government’s attempt to present itself as cleaner than previous administrations. Tranche and arrears... funds of its own for paying suppliers in order to receive another 0.8 billion euros from the lenders
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Some relief for coalition but bold claims about programme exit a concern
PoliticsGreek Politicsof a double tapping of the markets in the coming weeks in order to take advantage of the climate... at lower rates than the New Democracy-led administration did in 2014 and make a clean exit from the programme in 2018, rather than with the support of a credit line (ECCL) like the ones the lenders
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Greeks graduating after 2011 encountered limited opportunities, low pay
Societyof between 400 and 800 euros. Another 16 percent said they make less than 400 euros. Of the overall... percent and 19.2 percent, respectively. Though the figure for funding cuts is lower than the post-2010 decline in government spending (31 percent) it is higher than the cuts to overall education
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Tsipras rallies MPs, marks dividing lines with opposition
PoliticsGreek Politicsnoted that the government is changing the order in which bankrupt companies have to settle their debts... distribution of the rewards of the imminent economic recovery than New Democracy. During Tuesday’s press... and dividends, rather than for workers. Tsipras also pointed to agreements with the creditors
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Budget passed but coalition handouts draw attention
PoliticsGreek Politicsis the multi-bill the government is expected to submit in order to complete many of the prior actions... and the disbursement of more than 5 billion euros in funding. Handouts However, the coalition appears... dividend, which resulted in 1.3 million applicants receiving more than 700 million euros, the coalition
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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgrammeowning property that is worth more than 200,000 or 300,000 euros. Apart from addressing many... than 2020. The government hopes it can avoid this after beating its fiscal surplus target in the two... earning less than 1,000 euros a month will be affected by the reductions. Debt relief Tsipras
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Newsletter 168 -29/06/2018
or lawmakers from other parties to the government in order to boost its numbers in Parliament. It seems... unpopularity but also because it does not have more than around 12 months in power left. The political... by over 21 percent to 1.91 billion euros, higher than the target by 561 million euros. PIB revenues
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