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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign Policysaid. “We have many areas of cooperation on what we call a ‘positive agenda’. Some people call
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Tsipras hints at June launch for new party as poll suggests disruption potential
PoliticsGreek Politicsto heed Tsipras’s call, framing his pronouncements as an internal dialogue with his former comrades rather than a serious call for convergence. SYRIZA leader Sokratis Famellos previously called
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Mitsotakis rejects early election talk despite intense speculation, as SYRIZA implodes
PoliticsGreek Politicsthat he is “tired of repeating this”, noting that he is asked constantly whether he will call early... that PM Mitsotakis will wait at least until March to call elections Famellos resigns SYRIZA has
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Tanker diplomacy gets Athens into hot waters over Russia sanctions
PoliticsGreek Politicsvindicates the party's original call for a pre-inquiry committee. He pointedly recalled Justice Minister.... The timing suggests these developments will weigh heavily on the decision to call elections, which
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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised of 1.5 billion euros in payments to the International Monetary Fund and the rollover of 4.6 billion euros worth of T-Bills. Local media reported that Chinese ...
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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomyThe latest OECD report on Revenue Statistics published on Wednesday revealed Greece’s tax burden increased further by 1 percentage point (pp) to 36.8 percent of GDP in 2015 and remained above the OECD average of 34.3 percent for the third successive yea...
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Focus back on remaining prior actions after mission chiefs' visit
EconomyProgrammeAfter the week-long visit by the institutions’ heads of mission to Athens as part of the third programme review, the focus will now shift back to the implementation of the dozens of outstanding prior actions needed for the inspection to be completed. Th...
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Athens and creditors place immediate focus on remaining key deliverables
EconomyProgrammeThe drama-free announcement of the bank stress test results on Saturday cleared the way for Greece and the institutions to focus on the completion of the fourth review in the coming weeks. The lenders are due to send their teams back to Athens in mid-Ma...
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeThe talks between the Greek authorities and the heads of institutions concluded on Wednesday as the fourth post-programme moves on to the next stage. This involves a draft budget for next year that honours the 3.5 percent of GDP primary surplus commitme...
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek PoliticsThe government is mulling further measures to cushion the impact of the cost-of-living crisis as the political temperature rises in the build-up to the next elections, which are due next year but could be held earlier. Finance Ministry officials are rep...
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