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Newsletter 117 - 05/05/2017
at a slower pace than the previous month, largely amid a deterioration in demand from clients... straight away rather than waiting until 2019 and 2020. Mitsotakis proposed adopting 0.5 percent of GDP
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeaturesoversubscribed with more than 550 orders from the investment community. Poul Thomsen, IMF’s mission chief..., while the 10-year yield recorded a smaller drop of more than 100 bps well below the 6-percent mark
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Despite snags, coalition expects multi-bill approval before Eurogroup
PoliticsGreek Politicsdescribed the court as issuing a “non-binding opinion” rather than a “ruling.” He also said that the judgement was focussed on the need to show that the reductions are necessary rather than deeming
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The reflection in Golden Dawn's mirror
Agorajustice system has worsened rather than improved during the crisis. This is also a stain... has to do with the absurd reaction from New Democracy. Rather than use the moment to show
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Full backing for multi-bill from coalition MPs, Tsipras looks to lenders for next step
PoliticsGreek Politicswould be watching the Survivor game show rather than the events unfolding in Greek Parliament... to back a deal containing more than 4.5 billion euros in fiscal interventions just a few months
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Labour Ministry publishes latest pension breakdown
EconomyMacroeconomyto supplementary pensions and more than 409,600 to dividends for retired public servants. An important... the 500 euro mark. For around 25,000 main pensions, the monthly cost is higher than 2,000 euros
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek Politicsthe deliberations in the Belgian capital, which lasted more than eight hours. Dijsselbloem struck... reportedly lasted more than three hours. Le Maire was a surprise addition to the breakout group, given
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The wit and will of men
Agorareason behind the stalemate is less important than the message sent by the failure to settle this matter... than cast aside completely. Apart from the possible hit to the economy, Tsipras would also be left
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsare now a higher priority than debt relief. Former programme countries such as Spain and Ireland... actions and reforms that need to be carried out, rather than the debt relief discussion, may
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsthat the government can pay off more arrears than was initially planned. On Friday, Tsakalotos warned MPs that some of the lenders would prefer the discussion on Thursday to focus on the prior actions rather than
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