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  1. Some loose ends ahead of Eurogroup, questions remain over IMF's role

    EconomyProgramme

    The Greek government goes into Monday’s Eurogroup, which will be accompanied by a meeting... or the Greek government, which is not in desperate need of funds at the moment. Nevertheless, the completion... will take regarding the Greek programme. They highlight that although the Fund sees Greece as a way

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  2. Eurogroup confirms third review almost done but e-auctions still a concern
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that his intervention drew a sharp response from Greek Finance Minister Euclid Tsakalotos, who asked... buffer that the Greek government will create by the end of the programme in August. The total... – how much money are you going to set aside?” The Greek minister confirmed that the government aims

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  3. Credit contraction at 0.8 pct in January as household, corporate lending falls
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market remained unchanged at 0.8 percent in January, staying static... the 23-billion-euro mark for a third month and came to 22.21 billion. The Greek market has been experiencing... for Greek banks. NPEs currently stand at around 50 percent, representing roughly 62 percent

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  4. Deposits turn negative in Jan with outflows of 1.40 bln

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned negative in January with outflows of 1.40... has been a characteristic of the Greek banking sector for the past 17 years, with the exception being... confidence in recent months, which manifested in positive deposit inflows into the Greek banking system

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  5. Tension between coalition and political opponents here to stay
    Photo via http://www.delphiforum.gr/

    PoliticsGreek Politics

    authorities have forwarded to Greek prosecutors information regarding alleged kickbacks paid to local... of the total outlay to Greek political parties. In his speech at the Delphi Economic Forum on Friday... Democracy and PASOK. “They were giving away the Greek people’s wealth many years before they led us

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  6. Clearer roadmap for completion of third programme emerging
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in the June Eurogroup. When asked about the latest rumours that had appeared in the Greek press... due to pressure on Greek sovereign debt over the last few weeks that pushed yields up. Over the week, trading volumes in the Greek government bond market have increased, more than doubling to 86

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  7. Eurogroup highlights tight schedule as differences over debt, fiscal measures brew

    EconomyProgramme

    the growth potential, could have an impact,” he said. It is not certain, though, that the Greek proposals... and this could yet prove an obstacle to the IMF joining the Greek programme in full before August... with the Greek government on this issue and will be fully behind Athens if ELSTAT and Eurostat confirm on April

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  8. Europe, the euro and a leader like Putin: survey reveals mixed views of Greeks in 2018
    Photo by Manolis Tsafos/Fosphotos

    Society

    for April 2015 (71.5 percent). Over half of respondents considered that a person is born Greek (54.5 percent) rather than becoming Greek (39.2 percent), while 91.1 percent said that they felt proud to be Greek.

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  9. Credit contraction at 1 pct in February on lower household, and corporate lending
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8... month. The Greek market has been experiencing a contraction for the last six years, with the loan...-performing exposures (NPEs) remains a challenge for Greek banks. NPEs currently stand at around 50

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  10. IMF raises forecast for primary surplus but differences with European lenders remain

    EconomyMacroeconomy

    of the Commission and the Greek authorities as well as the programme target of 3.5 percent of GDP... reflecting the plans of the Greek government to build a cash buffer for the post programme period... for the Fund to join the Greek programme. The IMF has been consistent in its view

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