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Squeezed at home, ministers return to Brussels to look for deal with lenders
PoliticsGreek Politicsto be resolved. Unnamed European Commission officials suggested that Brussels also has objections... that Greece needs further reforms, rather than debt relief, Lagarde made it clear that she has a different
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomyof December 2016. Over the last 12 months, the outstanding tax debt has increased by 8.6 percent... obligations. The amount of tax debt that has been settled stands at 5.04 billion corresponding to just
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Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
EconomyMacroeconomyin January. This is a new record low since 2004, which is from when date has been available. Over the last 12 months, the unemployment rate has been reduced by 0.8 percentage points (pp), reflecting
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Tsipras clears with relative ease first domestic hurdle to getting deal approved
PoliticsGreek Politicsalso serves two other key purposes. Firstly, it helps Tsipras argue that the deal has broad support... the debt issue has been settled. Having cleared the first domestic hurdle, Tsipras will now turn his
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyof Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth... is due on April 18. The Fund has already written about Greece that its “primary balance estimates
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New Democracy's internal disputes continue to pester Mitsotakis
PoliticsGreek Politicsfor places on New Democracy candidate list for the next elections has already begun. Both are candidates... expect to be considered for important positions within the party. Mitsotakis has spoken before about
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammefiscal gap of by 2018, the government has committed to savings of 447 million euros. These will stem..., legislation has to be approved to introduce a new mobility scheme, to complete the rationalisation
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Overdue social security contributions climb to 22.5 bln at end of Q1
EconomyMacroeconomyperiod a year ago, the Q1 figure has increased by 12.3 percent. It is noted that revenue collection..., largely due to strong performance in the last quarter of the year. Overall, KEAO has collected
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Tsipras upbeat on debt relief prospects, lenders more cautious
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has provided an upbeat assessment of the chances that an agreement on debt relief will be secured at Monday’s Eurogroup, although this was not backed up by officials... (the government has already picked Rothschild & Co as its adviser). The prime minister also claimed
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Athens absorbs Eurogroup fallout, hopes for better offer
PoliticsGreek Politicstranche has been cleared, amid speculation about what consequences a lack of an agreement could... into a difficult position. The lack of an agreement on Monday has left Tsipras vulnerable at home
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