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Tsipras defends compromise, appears optimistic on concluding review
PoliticsGreek Politicsin once the fiscal targets have been met. This is a point that the government has, presumably... not set a precise deadline for the conclusion of the review, he suggested that March 20 is the target
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Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyratio of 180 percent a reduction in the average interest rate by 1 percentage point (pp) reduces... by only 1 pp. Last May’s Eurogroup set the goals for gross financing needs (GFN) below 15 percent of GDP
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Amid review doubts, changes to constitution back on main agenda
PoliticsGreek Politicschiefs would be completed on Tuesday afternoon, with no date set for the lenders’ return. However... of the mission.” When pressed on this point, the Commission official suggested that no decision has been taken
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In absence of deal with lenders, some in SYRIZA keep political options open
PoliticsGreek Politicsfor the vote on the new measures, although he did not set a precise figure and admitted that this was his... on the political cost of another painful compromise on its own and point to the fact that many in PASOK now
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Newsletter 111 - 17/03/2017
SYRIZA would suffer too much political damage if it takes sole responsibility for the new set..., while volume slumped 31.6 percent. The aggregate figures for the whole year point to a drop of 5.5
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From MoU exit to Grexit: Where next for Greece?
Agorawas about to start, he charted a path out of the crisis. He set out his intention to close the review... dent Greek growth hopes in 2017, leading to 2018 being the real year of recovery. At that point
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Newsletter 114 - 07/04/2017
and another 1 percent of GDP in 2020. The first set will be mostly made up of cuts to pension spending.... Manufacturing PMI dropped by 1 point to 46.7 in March, almost offsetting the increase of 1.1
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyThe publication of the International Monetary Fund’s World Economic Outlook (WEO) on Tuesday revealed worse estimates for the Greek economy compared to the upbeat set of forecasts included in its... estimates due in June may point to a GDP growth below the 2-percent mark in 2017. Moreover, EC may
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After agreeing measures, coalition sets sights on vote and debt relief deal
PoliticsGreek Politicsthe counter-measures, which Tzankopoulos set out in some detail, the coalition will have something to use... boost. New Democracy’s line of attack on Tuesday emphasised this point. The conservatives accused
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Tsipras clears hurdle but isn't over finishing line
AgoraIn a sense, there is very little point in evaluating Greece’s agreement with its lenders. After all, it is not as if there were a variety of other options available. Seeing the economy’s growth..., is cushioned to some extent by the agreement between Athens and the creditors for a set
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