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Tight schedule ahead for Athens and lenders in build-up to MoU exit
EconomyProgrammeThe Greek government has denied that Athens and the institutions are considering extending the third programme, which ends in August. The Finance Ministry responded to a report in Fileleftheros (Liberal) newspaper, which claimed that Greece and its cred...
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Govt in tight spot as opposition questions lockdown easing priorities
PoliticsGreek PoliticsThe mantra of “Easter in the village” seems unlikely to become a reality for Greeks next month, as comments from government and church officials suggest that travel between regions will not be allowed in time for Holy Week next week. With a series of ot...
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New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomyThe Finance Ministry presented on Monday the latest Medium Term Fiscal Plan for the 2025-2028 after negotiations with Brussels within the context of the new SGP rules. The new fiscal framework in the eurozone is based on mutually agreed spending ceiling...
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Revenues continue beating targets in May, tight rein on spending remains
EconomyMacroeconomyThe budget primary balance ran a surplus of 5.35 billion euros up tp May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 4.3 billion euros above the target. Expenditure...
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agora“In the medium to long term, we aspire to be exporters of green energy, by harnessing... of the EU’s response to the Ukraine war. The country has now pivoted towards becoming a green energy... in the region into line with the European market liberalisation and green transition targets
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammeThe troika sent early on Wednesday a response to the measures proposed by Greece with the aim of securing the return of inspectors to Athens and a conclusion to the prolonged programme review. Greece’s lenders reportedly requested further clarifications...
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Institutions, Athens start new round of review talks as e-auctions get green light
EconomyProgrammeTalks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can star...
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeThe Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government and the institutions gear up for the fourth review to start...
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeIt was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review. The news came as the European Commission appeared to indicate that it is not willing to make major concessions ...
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammeThe Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers on Thursday. Reports on Friday suggested that several issues we...
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