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Tsipras focussed on MoU exit in 2018 but will have to avoid pitfalls
PoliticsGreek Politicsin a much more comfortable position, especially if the growth rate picks up as is expected, than it has... the potential to trip up Tsipras, there is still a long way to go in the negotiations with the new
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Coalition stresses positives, expects full support for multi-bill
PoliticsGreek Politics. The omnibus bill foresees an increase to half of the paid-up members, from the one third at a moment... creditors and will be able to claim up to 6 months in unpaid wages before any money is paid out
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Despite speculation, post-MoU credit line seems unlikely
EconomyProgrammein August. The coalition’s aim, according to the officials, is to create a cash buffer of up to 19... of setting up a precautionary credit line.
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyeuros during 2017 and came to 47.56 billion. On an annual basis, tax revenues were slightly up by 0.1.... Consumption tax revenues missed their target by 60 million euros, but were up against last year’s
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Brussels sets out guide for post-MoU financing needs, cash buffer
EconomyProgrammeproceeds and Bank of Greece SMP and ANFA profits could further beef up the cash reserve. In order... billion estimate of disbursement needs up until the end programme. This would leave 27.4 billion
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Overdue social security debt reaches 31.3 bln in Q4, collected revenues beat annual target
EconomyMacroeconomyThe stock of unpaid social security contributions (SSCs) rose to 31.29 billion euros in the fourth quarter (Q4) of 2017, up from 30.53 billion euros at the end of Q3, the Centre for the Collection...) that provided for the payment of overdue SSCs in up to 100 installments. Collection The collection
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Edgy atmosphere ahead of new protest over Macedonia name issue
PoliticsGreek Politicsup of former members of the armed forces and security services has said that it will take on the task... a “message to Tsipras to pack up his things and leave.” Negotiations New Democracy also reacted
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Greece prepares for bond issue, looks to pave way for programme exit
EconomyProgramme, with particular emphasis on the so-called French mechanism that will provide top-up relief if Greece misses.... The timeline leading up to this envisages the debt relief measures being outlined at the March 12
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Political confrontation as Novartis case transferred to Parliament
PoliticsGreek Politics. Parliament now has to decide whether to set up a preliminary inquiry, whose task it will be to decide... documents to Parliament to back up his claim that Riyadh had entered into a state-to-state agreement
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Moscovici upbeat in Athens, highlights elements needed for programme exit
EconomyProgrammefor a growth plan drawn up “by the Greeks for the Greeks.” The coalition has committed to presenting... visit in the second half of March but it appears that the institutions want to speed up the process
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