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Newsletter 177 -05/10/2018
was given the clearest indication yet on Monday that its European lenders may agree to its request... the contributions of young workers. The icing on the cake for the government will be holding a separate vote to cancel the pension cuts, if the creditors approve the request. Tsakalotos suggested that there may
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Tsipras wins confidence vote, has to repeat trick in ballot on name deal
PoliticsGreek Politicsof the way, attention will now be fully on the Prespes Agreement, which the government may table...) are considered certainties. This takes the total number up to 149. A possible positive vote may also... to backing the deal if Tsipras publicly commits to holding snap elections as soon as possible
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgramme. Greece currently owes the IMF just under 10 billion euros but may make do with just paying off... the European Parliament elections on May 26 as SYRIZA is hoping that this will help drive its post... and CIEP Participations, a unit of US-based Carlyle Group, and Vitol Holding with Algeria-based
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politics, arguing that his warning before the May 26 vote, when he said the ballot would be a vote of confidence... the campaign for the EU vote and which it has retained since the crushing defeat it suffered on May 26... to produce an excess primary surplus that it can then distribute. He argued that this approach is holding
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Speculation about snap elections in 2020 refuses to die down
PoliticsGreek Politicsthat will culminate in a defining party congress in the first half of 2020, which may be followed by a bid to get... believe that by talking so openly about snap elections, Tsipras may remove the element of surprise... that there is any thought of holding snap elections, Ta Nea had a front-page story on Saturday analysing
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Parliament re-opens for business amid calls for greater scrutiny
PoliticsGreek Politicsminister’s hand may be forced by the unwelcome interest attracted by Labour Minister Yiannis Vroutsis’s... that Mitsotakis may be seeking to broaden the range of his team in order to absorb the anticipated shocks... holding live sessions with drastically reduced numbers, but has not made use of remote conferencing
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingbillion in Q1 and further to 46.4 billion in May. Private sector deposits increased by 1.3 billion up to late May. The liquidity coverage ratio stood at 131 percent in Q1 and the net loans to deposits... holding company listed on the Athens Stock Exchange. Capital The pro-forma CET1 ratio as of Q1
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Common ground absent after latest round of Cyprus discussions
PoliticsForeign Policythe end of the summer. The Republic of Cyprus is holding parliamentary elections on May 30... issue does not seem to be a priority. Realistically, the UN may have to wait until the end
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PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
EconomyMacroeconomy. Other short-term indicators showed significant improvement in May, as the economy re-opened... of the pandemic and this may have caused permanent damage. Since the fiscal stance was not able to fully cover those losses, certain businesses and households will need hand-holding even after the end
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Athens turns attention to Libya, advocates EastMed energy cooperation
PoliticsForeign Policyseek to diversify our energy sources, Egypt may become a supplier of energy that will be mainly... in the Eastern Mediterranean heading to Europe that may include an interconnection for the transmission... the meeting Dendias stressed again that “there is a timetable of necessary actions; firstly, the holding
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