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Sub-tranche released but PPC poses key challenge in review
EconomyProgrammeof the recent confirmation that Athens had met its targets for the payment of state arrears. The sub... state of PPC’s finances was one of the topics of discussion during the recent visit by the mission... billion. In H1 2017 it recorded a profit of 14.4 million euros, which was entirely due to the one-off
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Eurogroup marks start of countdown for prior actions
EconomyProgrammeon the SYRIZA-led coalition to implement the 95 prior actions included in the review. One matter... with the institutions. Some of the prior actions will prove trickier than others. One... accessed the electronic platform, 7,550 companies initiated the process, and 1,404 met the initial
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Eurogroup sees review conclusion in sight, warns over property auctions
EconomyProgramme-performing loans (NPLs), which has become one of the hot-button issues in the current review. Draghi’s..., the institutions see this as one possible way out of the impasse, which would allow the e-auctions to begin... a staff-level agreement that will pave the way for the third review to be concluded. It appears that one
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Newsletter 139 -10/11/2017
speculation mounts about Greek lenders needing further recapitalisation. Justice Minister Stavros Kontonis met... the one proposed by the coalition. He also challenged the opposition leader to explain where his party... an established and corrupt elite, which they claim Mitsotakis is part of. It looks set to form one
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Will centre-left let go of past to grasp change?
Agoraby technical problems, which meant the original date for the vote could not be met, arguments over whether... who will lead the effort to unite the country’s centre-left forces has the potential to be one.... “…they think they have an imperial past which gives them a right to a grand funeral,” says one
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Erdogan makes forceful start to visit, catches Athens off guard
PoliticsForeign PolicyPavlopoulos, who hosted Erdogan in Athens before the Turkish president met with Prime Minister Alexis... in such an open discussion about sensitive issues before Erdogan’s meeting with Tsipras. At one point... exchange and one which immediately triggered criticism from New Democracy, which argued that Athens
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Rating agencies up Greece's scores, adding to positive outlook
Economywas the first agency to upgrade Greece by one notch to ‘B’ in the end of January, as it had kept its rating unchanged last summer. It was followed by Fitch, with the same rating also moving one step..., upping Greece by two notches to ‘B3’, the equivalent of a ‘B-‘, one below the other two agencies
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New centre-left party keeps political options open at inaugural congress
PoliticsGreek Politicsin one of the two main parties getting a clear majority. The position adopted by Movement for Change.... She said that a revision of the constitution would be one of the conditions and suggested... for the party. To Potami leader Stavros Theodorakis, who caused some surprise when he met with Prime
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Greece's foreign policy trap
AgoraIndependent Greeks (ANEL), met on Tuesday amid rumours (albeit exaggerated ones) of a deep rift between... appears to be pursuing, has been one of the key factors in upsetting the balance between the two... it already uses it in its current one) and New Democracy’s decision to side with the demonstrators
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Coalition's feud with shipowner shows no sign of de-escalation
PoliticsGreek Politics, claimed he had helped SYRIZA in the past and that he had met with Tsipras many times. Nevertheless..., lies and orders of a businessman who has been charged with drug dealing,” the statement added. One... in 2016 was one of the businessmen competing for a TV permit in the botched tender for broadcasting
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