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Tsipras mulls options as creditors pile on pressure
PoliticsGreek PoliticsPrime Minister Alexis Tsipras gathered some of his key ministers on Friday to discuss the government's next steps after lenders reportedly gave Athens until the evening to come up with counter-proposals that could help seal an agreement on its bailout. Reports suggested that the Greek government
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A closer look at Greece's revised proposals to lenders
EconomyProgrammeKathimerini daily revealed on Monday the revised proposal the Greek government representatives presented to the institutions during the weekend. Greece aligned its primary surplus targets for 2015-16 with those of the institutions and now sees a primary surplus target of 1 percent of GDP for 2015
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Tsipras needs to sign a deal, but which one?
AgoraThere have been plenty of sensible people advising Greek Prime Minister Alexis Tsipras that he has to do a deal with the country’s lenders but few of them until now suggested he should sign the proposal put on the table by the institutions. Therein lies the problem for the SYRIZA leader: The risk
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Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
EconomyMacroeconomy. In the latest proposal presented to the institutions last week, the Greek government said it aims
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgrammeThe leaked details of the updated "parametric" measures the Greek government has sent to the institutions show that Athens's target is to collect revenues of 2.69 billion euros (1.51 percent of GDP) in 2015 and 5.21 billion (2.87 percent of GDP) in 2016. Compared to the previous list submitted one
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek Politics, and perhaps then the Greek people, a chance to decide what course to follow next. If the proposals
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Greece’s price index falls to second lowest point in 12 years
Societyaverage, Greek price levels are in the middle of the two extremes and second lowest of the pre-2004
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomyquarter for the Greek manufacturing sector for two years.” “With negotiations over a debt deal ongoing
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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammeThe imposition of capital controls accompanied by a bank holiday for 6 working days starting from June 29 until July 6 had a series of negative repercussions on the life of Greek citizens and the economy. One of those that were mostly hit were pensioners. The bulk of main pensions, mainly related
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Final push for "Yes" and "No" campaigns as referendum result hangs in balance
PoliticsGreek PoliticsRallies for both the “No” and “Yes” campaigns ahead of Sunday’s referendum are due to take place in parallel in Athens on Friday evening, illustrating perfectly the polarisation in Greek politics and society ahead of the vote. All indications are that Sunday’s result will be in doubt at the last
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