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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeParliament elections on May 26 as the conditions in the Greek debt market remain very favourable...The Greek government is aiming to come to an arrangement with its lenders in the coming days so that it can pay off early at least some of the 10 billion euros it owes to the International Monetary
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A sudden turnaround that could lead to sharp shock
Agoraclosed in 2013, with the economy contracting by 3.2 pct. By 2013 total Greek economic activity had.... The composition of Greek GDP altered during the crisis, with investment halving, primarily as a result... hit the Greek economy through external demand. This was initially evident in services, as tourism
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesPWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential. The study, titled “The Next Day of Greek Tourism” showed that demand for Greek tourism has grown steadily since 2012, but remains concentrated across the summer
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May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyin the Greek manufacturing sector have been improving for more than a year. The rate of growth... export markets in Europe. Greek manufacturers also reported disruptions in the supply chains... those cost challenges, Greek manufacturers moderated their selling price increases. In their effort
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What Dijsselbloem didn't say
Agorathe Greek government condemned his remarks as being “unhelpful.” The Dutch finance minister, who may... bailout, a flaring up of the Greek crisis and the antics of Yanis Varoufakis, among others. This would... with strict conditionality. Although this staved off disorderly defaults and the pain they would bring
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Newsletter 67 - 18/03/2016
After a series of meetings during the week between Greek ministers and the mission chiefs on the open... requires a Greek compromise on many fronts. The institutions remain firm in their stance that the full... had lowered the emergency liquidity assistance (ELA) ceiling of Greek banks by 100 million to 71.3
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammeAfter a stalemate of more than 2.5 months, discussions between the Greek government... the February 20 Eurogroup, when it was decided that the four institutions and the Greek authorities had...), its Supervisory Board was appointed last October by the Greek Finance Ministry in agreement
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Athens and lenders stay mum on agreement, domestic reaction awaited
PoliticsGreek PoliticsThe Greek government and the European Commission declined to confirm reports on Wednesday... that the Greek government will be able to implement if fiscal targets are met, the only remaining obstacles... are remaining a tightly-kept secret is that the Greek government wants to have some time to work out how
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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek PoliticsThe Greek government seems intent on trying to forge a better deal with its lenders than the one... week but which would also secure access to QE. The proposal put to the Greek finance minister... to consider Greek bonds as eligible. There have been reports over the past few days that Stournaras may take
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Growth, not just of the economic variety
Agora. This is nothing unusual: A section of the Greek press also ignored any positive developments... be gained from showing it any further allegiance. Then and now, some Greek newspapers served up... displayed an aversion to tangible data during the Greek crisis, unless it has added to the drama
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