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Progress seen in Brussels talks but no deal in sight yet
PoliticsGreek PoliticsThere was progress but no breakthrough during the talks between Greek ministers and representatives of the institutions in Brussels on Tuesday evening. Eurogroup chief Jeroen Dijsselbloem, one of those taking part, tweeted that “good progress” was made ...
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Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
EconomyMacroeconomyThe agreement reached with lenders is an important first step towards restoration of confidence, inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return to capital markets, according to the Parliament Budget O...
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Greece eyes higher growth as possible catalyst for Eurogroup deal
PoliticsGreek PoliticsIn an apparent change of direction, the Greek government appears to have pinned its hopes for an agreement with creditors at the June 15 Eurogroup on the possibility of the country’s growth projections being revised upwards and this feeding into the deb...
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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek PoliticsGreece and its lenders appeared on Thursday to be on the way to an agreement that would provide Athens with its next bailout tranche and little more clarity on debt relief, but not the level of detail that Athens had hoped over the past few months. Foll...
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Slow pace of civil service evaluation, Hellenikon deal add to review agenda
PoliticsGreek PoliticsSeveral areas of potential tension between the government and Greece’s lenders have emerged ahead of the third review. Athens is still struggling to find a way to conduct a performance evaluation in the public sector after civil servants’ unions instruc...
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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBankingGreek banks will be able to bolster their protective measures against the large number of non-performing loans (NPLs) on their books under planned changes to the Code of Civil Procedure. Changes to the civil code to be legislated and introduced by the...
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Kotzias takes next step in effort to reach name deal, settle Balkan issues
PoliticsForeign PolicyGreek Foreign Minister Nikos Kotzias is due to visit Ohrid in the Former Yugoslav Republic of Macedonia (FYROM) this week for a new meeting with his counterpart Nikola Dimitrov, just a few days after their talks with UN mediator Matthew Nimetz in Vienna...
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Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgrammeThere appears to have been a breakthrough in the negotiations between Greece and the institutions regarding fiscal issues, which would remove one of the biggest obstacles towards reaching a staff-level agreement on May 24. A senior Greek official told t...
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Coalition picks out positives from lenders' deal, clashes over political violence
PoliticsGreek PoliticsThe Greek government is hoping that there will be a positive conclusion to the discussions taking place among its lenders regarding debt relief, which would provide a significant boost to the beleaguered coalition. A eurozone official speaking to report...
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Key debt relief talks fail to result in deal, leaving IMF role in doubt
EconomyProgrammeA meeting of Greece’s key lenders on Saturday failed to result in an agreement on the debt relief package that is due to be tabled at the June 21 Eurogroup, leaving diminishing chances of the International Monetary Fund being involved in anything more t...
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