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  1. Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders

    Economy

    Following a nosedive of 5.9 percent on Friday, Greek shares remained deeply in the red on Monday as they recorded further losses of 4.7 percent. The negative newsflow stemming from the failed discussions in Brussels between Greece and its lenders soon w...

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  2. Greek stocks rise by 16 pct during week on hopes of deal in Brussels

    Economy

    The Greek stock market ended the week with gains of 16 percent following a relief rally in the first two sessions amid increased optimism for an agreement between Greece and its lenders. Since then the market slightly corrected on Wednesday and rebounde...

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  3. Greece and lenders appear close to third bailout deal, with few issues outstanding
    Photo by MacroPolis

    EconomyProgramme

    After lengthy meetings between the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the quartet of Greece’s lenders in Athens over the weekend, there is an increased optimism that an agreement for a new 3-year bailout...

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  4. Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
    Photo by MacroPolis

    EconomyProgramme

    After discussions with Greece’s lenders throughout the day on Monday, Finance Minister Euclid Tsakalotos told reporters after midnight that the government had reached an agreement with the quadriga mission chiefs on all issues related to the prior actio...

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  5. Deal with lenders buys coalition more time but not internal calm

    PoliticsGreek Politics

    Having overcome the obstacle of reaching an agreement with Greece’s lenders to secure the next bailout tranche and recapitalisation funds, the government now faces the test of passing all the necessary measures through Parliament before the Euro Working...

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  6. Greece and lenders seen inching towards deal on ADMIE

    EconomyProgramme

    The Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 b...

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  7. Gov't hopes deal with lenders on prior actions will prove politically palatable

    PoliticsGreek Politics

    Greece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institution...

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  8. Greek ministers still hopeful of reaching deal with creditors this month

    Economy

    Greek Finance Minister Euclid Tsakalotos, Labour Minister Giorgos Karougalos and Economy Minister Giorgos Stathakis gave a joint press briefing on Tuesday afternoon to provide an update on the state of negotiations with the institutions. Tsakalotos conf...

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  9. Hopes of swift deal on contingent measures doused by technical, political complications
    Photo by MacroPolis

    PoliticsGreek Politics

    The chances of Greece and its lenders achieving an agreement this week so an emergency Eurogroup can be held on Thursday appear to be receding by the hour. Athens and the institutions have yet to agree on how the 2 percent of GDP (3.6 billion euros) in ...

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  10. Tsipras upbeat after vote, Eurogroup but deal details may still present problems
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras has been in fan upbeat mood this week following the successful parliamentary vote on Sunday and the positive noises coming from the Eurogroup on Monday. Within minutes of the meeting of eurozone finance ministers concluding...

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