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Famellos presents struggling SYRIZA’s case, pleads for unity among progressives
PoliticsGreek Politicsparties in order to mount a more credible challenger to the centre-right government. However, former... ills like stifled small businesses, weakened labour rights and a skewed production model remain... as evidence that the government intends to cement a low-value, import-heavy growth model that widens
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Mitsotakis visits China to keep relations ticking over
PoliticsForeign PolicyLi Qiang. Mitsotakis was accompanied by the Minister of Infrastructure and Transport, Christos
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Greece and the euro: The flight of Icarus
Agoraduring this crisis has been of the highest order, providing insight into a complex problem, but some... version of what has happened in Greece in order to support their preconceived ideas about fiscal... economic model in which the state was omnipresent. The two-party system that had dominated Greek
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BoG sees encouraging signs for Greek economy but warns on reforms
Economyshould be maintained and strengthened, according to the BoG, in order to eliminate uncertainties... in order to achieve a modern state offering high-quality services without getting in the way of business... of debt and sustain the country’s access to capital markets. c) Reorientation of the production model
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomybillion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammeAhead of Monday’s Eurogroup, the Greek government seems willing to accelerate its efforts to close some key pending issues that could unlock the disbursement of the next sub-tranche of 2 billion. The thorniest issue at the moment relates to the tighteni...
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Greece and institutions wrap up latest talks with no progress on difficult issues
EconomyProgrammeDiscussions between the institutions’ mission chiefs and Greek officials continued on Thursday without any agreement on the out-of-court mechanism, energy, justice and product markets that were in focus during the meetings. Energy Minister Giorgos Stath...
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek PoliticsIt appears that Greece’s lenders are set to make an attempt to break the deadlock in the bailout review before a cycle of elections in a series of eurozone member states, starting with the Netherlands in March, begins. Finance Minister Euclid Tsakalotos...
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Institutions wrap up talks with focus on NPLs, primary residences and budget
EconomyProgrammeDiscussions between the Greek government and the institutions were due to draw to a close on Thursday, leaving Athens with 2-3 weeks to complete the 16 reforms that are pending as part of the second review of the post-programme era. A range of issues ha...
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
EconomyProgrammeFollowing further discussions between the Greek government and the institutions over the weekend, Athens is hoping to submit to Parliament in the coming days the draft legislation protecting primary residences from foreclosure. Regardless of the progres...
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