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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammereforms, where all issues remain open, an agreement was reached in the meeting with Finance Minister Euclid Tsakalotos on fiscal issues, particularly the 2017 budget. Specifically, Finance Ministry sources... the draft budget tabled on October included a slightly higher figure of 1.8 percent of GDP. Finance
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Tsakalotos sticks to guns as review compromise remains elusive
PoliticsGreek Politicsin Athens, Finance Minister Euclid Tsakalotos insisted that Athens would not concede further ground.... The finance minister said that his government could not accept an arrangement in the Greek labour... is only 0.1 percent of GDP, he said. The finance minister also highlighted the importance of Greece
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politicsthat need to be addressed. Regarding the latter, the Dutch finance minister confirmed... the conclusion of the programme in 2018. On Monday, Greek Finance Minister Euclid Tsakalotos argued... by the European Stability Mechanism, should be considered by eurozone finance ministers and in what detail
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Pieces of review puzzle yet to fall into place ahead of Eurogroup
EconomyProgrammethe latter has been trimmed to 0.1 percent, according to the Finance Minister Euclid Tsakalotos... for the Medium-Term Fiscal Strategy (MTFS) 2017-2020 the Finance Ministry has to table soon, but also... to the draft annotated agenda, the finance ministers will also return to the issue of debt related
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Newsletter 98 - 02/12/2016
Moscovici. A day earlier, Greek Finance Minister Euclid Tsakalotos challenged the institutions to lower... way to improve Greek competitiveness, which German Finance Minister Wolfgang Schaeuble insists... on the agenda of Monday’s Eurogroup, while eurozone finance ministers will also return to the issue
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Newsletter 100 - 16/12/2016
and French Finance Minister Michel Sapin, but the dispute over the pension payments is a sideshow... round of meetings last month. Finance Ministry sources noted that the issues of labour market reforms..., compared to 4.34 billion a year ago, according to the Finance Ministry’s (MoF) preliminary budget execution
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Shaping the post-programme narrative in Greece
Agoraof finance ministers took stock of the second review currently being carried out by Greece’s official... contributed roughly 28 billion euros of creditor finance, thereby exceeding Greece’s allocated funding..., finance minister Yanis Varoufakis initially delayed and then suspended a repayment obligation to the Fund
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Review talks continue in Athens in shadow of pension benefit row
EconomyProgrammeprivatisation and investment fund (HCAP). Finance Ministry sources noted that great convergence was achieved...-of-court workout. It is worth noting that the Finance Minister Euclid Tsakalotos will be in Berlin... at mission chiefs’ level during this third round of meetings in Athens. Earlier this week, Finance
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Newsletter 101 - 23/12/2016
– even though eurozone finance ministers signed off on the measures at the December 5 Eurogroup... initiatives that will not be repeated, nor have any impact on Athens meeting its fiscal targets. Finance... as it sees fit. In Germany, Finance Minister Wolfgang Schaeuble stressed the need for everyone
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Athens eyes fiscal compromise to complete programme review
PoliticsGreek Politicsfew weeks. In an interview with Kathimerini published on New Year’s Eve, Finance Minister Euclid... of concession on Greece’s part. The finance minister said that if the IMF’s projections... of eurozone finance ministers is scheduled for February 20. This would leave Athens targeting the April 27
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