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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyto the strong deterioration of Greece’s economic and financial situation, the EC has revised downwards... for net financing needs of 74 billion is 4 billion lower than that projected by the IMF. The EC notes... financing until the new programme can be put in place to cover its imminent financing obligations.
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SYRIZA and New Democracy neck-and-neck as post-election scenarios become clearer
PoliticsGreek Politicsto put New Democracy in the lead, although by just 0.3 percentage points. GPO poll for Mega TV ND 25.3... as slightly more capable of implementing the bailout than Meimarakis (28.8 percent vs 27.1 percent... life in opposition from a strong base and without having to endure the political cost
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Paris attacks change backdrop for Tsipras visit to Turkey
PoliticsForeign Policyattacks and the strong mandate Erdogan's AKP received in the recent elections. Tsipras however insists... this could put any further burden on Greece. Also, as a NATO member, Greece waits to see what Hollande’s... the so-called Islamic State that was created last year and has more than 60 members. As part of its
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Poposki visit significant but Greek-FYROM relations yet to find sure footing
PoliticsForeign Policy, the two men will hold talks for the fifth time in less than a year. The Greek government began... provoked strong reactions from extremist voices in both countries. Athens, however, continues...’s intention to put forward some ideas on a potential solution was one of the issues Kotzias
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Break in bailout talks leaves question mark over their conclusion
PoliticsGreek Politicsof the programme and that its demands should be met. "We fully agree with the IMF on the need for a strong... more palatable for his party and MPs rather than if the IMF remains on board and asks for a lower... by the relevant ministers on Tuesday, would be put to public consultation for 7-10 days from Friday
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Putin visit highlights potential, but also limitations, of Greece-Russia ties
PoliticsForeign Policyvisitors to Greece in March. However, it should be noted that fewer than 1,700 Russians visited... particularly strong comments regarding the interceptor missile system installed in Romania. He said... diplomats believe an improvement in Greek-Turkish relations could put more pressure on Turkey. Athens
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Brexit and Grexit – Britain’s referendum and Greece
Agora. The European architecture put in place ever since Winston Churchill called for a “United States of Europe... this change of line from London, once a strong supporter of Turkey’s EU aspirations, means re-thinking... there will be a question over whether the EU can become smaller and more coherent rather than always
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Government caught between milestones and corruption claims
PoliticsGreek Politicsstrong growth in 2017. It seems more likely at the moment that the prime minister would hang on and see if he could reap the political benefits of the recovery rather than throw in the towel and risk... ruling would be disastrous for the government and would encourage the opposition to put extra
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Court delivers serious blow over TV permits, gov't vows to fight on
PoliticsGreek Politicsthe government’s will to put in order the TV sector, where impunity reigns,” said government spokeswoman Olga... that existing channels would be made to pay to keep broadcasting, rather than just having... of the crisis, which includes a quick completion of the second programme review, debt relief and strong
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammeApart from creating increasing risks to the strong economic recovery anticipated in 2017, the delay... for GGB redemptions. Moreover, monthly payments are less than 500-550 million in all other months... measures approved by the Eurogroup on December 5, which have been put on hold by the ESM after Prime
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