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Athens under intense pressure over fourth review reforms
EconomyProgrammethe next bailout sub-tranche of 1 billion euros from the European Stability Mechanism. However... this week, European Economic Affairs Commissioner Pierre Moscovici stressed that Greek and European... spoke about the difference in opinion between the European lenders and the International Monetary
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Symbolism takes leading role in political developments
PoliticsGreek Politicsexpect the ballot to be held along with the European Parliament elections towards the end of May next... to the next elections. The possibility of combining national and European elections is one that has... the European Parliament elections were seen as pressure release valve by the incumbent prime ministers
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New increase in flow of refugees to Greece causes unease
SocietyRights Watch, Amnesty International and the European Council on Refugees and Exiles, the Greek... their borders in protest and the European Union failed to reach a workable deal between member countries... and Turkey. This policy has proved so divisive that European Council President Donald Tusk proposed
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Coalition plays down sub-tranche delay, opposition steps up pressure
PoliticsGreek PoliticsThe Greek government played down on Friday the news that the European Stability Mechanism (ESM) has... resolved. European officials insist that there will be an agreement on debt relief and the post-MoU... been a “deeply un-European” decision and that its departure will “not be costly for Greece.” However
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After signing name deal, Athens and Skopje face several more steps
PoliticsForeign Policyfollows for EU-related issues. The bill passed through the European Affairs Committee on Tuesday with 69... to discuss the European Commission's recommendation for both FYROM and Albania to start membership talks. Athens will have informed European Council President Donald Tusk by then that it does not have any
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammelater. Greece had been due to start repaying 2.3 billion euros per year from 2023 to its European lenders. Final tranche On Wednesday, the European Commission confirmed in its compliance report... in 2019 and 2020, meaning that the funds allocated for debt buyback from the final European Stability
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About last night
Agorain profits from the European Central Bank and other eurozone central banks will be disbursed... by the European Commission, Brussels had estimated an amount of just over 10 billion euros could be used..., therefore, that the European lenders want to ensure that these targets are met by keeping a close eye
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Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
EconomyProgrammein August. His comments come in the wake of the controversy caused by the European Economic Affairs.... The comments by the eurozone official suggest that the European lenders would prefer this discussion... the July 21 Eurogroup agreement and the European Stability Mechanism’s (ESM) executive board has not yet
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IMF sets date for Article IV and DSA as markets mull Greek bonds
EconomyProgrammethat were set out earlier this week by the European Commission. Although the Fund will coordinate with the European authorities on the quarterly inspections, it will probably only produce a couple... relief measures will be based on this. “Since we do work so closely with the European institutions
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More changes needed to unlock private sector's potential, report says
EconomyFeatures-growing firms is only slightly under the European average,” they say. The report argues that in comparison to the EU average or the state of play in other Southern European countries, Greece still has... that Greece lacks social a modern social security system that meets European standards and includes
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