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  1. Eurogroup agrees on significant debt relief measures for Greece

    EconomyProgramme

    later. Greece had been due to start repaying 2.3 billion euros per year from 2023 to its European... privatisation proceeds from this year and 2019 are added, the total amount could surpass 20-21

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  2. The tie that binds
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    programme agreed by the PASOK government and the creditors a year earlier. While Samaras was correct to warn... to the same spot the following year to present an altered set of proposals. What it managed to do, though

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  3. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    used in 2015 will be recovered, noting that 2 billion euros were already repaid in February last year... percentage points per year to level off at 2.2 percent by 2025. Market access assumptions were also revised

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  4. Foreign investors positive on Greece but ease of doing business remains low

    EconomyFeatures

    an investment in the next year. However, the investment amounts concerned were relatively small. Some 67 percent said that they were planning on investing 10 million euros in Greece in the next year, 17

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  5. Change to date of local elections adds to expectations of May national vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    were due to take place in October next year, are held in May. This would mean the first round... that the government intends to see out its four-year term, which ends in September 2019, but it is becoming

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  6. Eurosystem funding falls by 4.56 bln in June to 16.31 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    it under the 20-billion euro threshold. The latest reduction is the second highest for the year after January, when funding fell by 4.58 billion MoM. Since the start of the year, Eurosystem funding has

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  7. SYRIZA working on package of expansionary measures to provide political boost
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and social support measures." According to reports, the issue of next year's pension cuts was also... from the fiscal overperformance expected this year. Avoiding the pension cuts one way or another

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  8. ESM releases final tranche of third bailout, boosting cash buffer ahead of exit
    Photo by MacroPolis

    EconomyProgramme

    the pension cuts due to be made next year and want the coalition to avoid making any inadvisable handouts this year as a sweetener to voters ahead of the next general elections, which are expected in 2019

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  9. Fitch upgrades Greek rating to 'BB-', three notches from investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    this year. The economy is gathering momentum, having grown for five consecutive quarters and Fitch expects growth to reach 2 percent this year and 2.3 percent in 2019 thanks to pent up investment demand

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  10. Unpaid contributions rise to 33.86 bln as more legacy debtors added
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros registered in the first quarter (Q1) of the year, the Centre for the Collection of Social... collection for 2017 came to 1.05 billion, up 28.4 percent from the year before, mostly driven by a rise

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