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Tsipras facing limited options as he waits for signs from IMF
PoliticsGreek Politicsgovernment has felt for some time that there is a possibility Donald Trump’s administration may push... between Athens and its creditors at a political level before the Eurogroup, more time may be needed... to existing pensions, are voted as separate legislation, the coalition may balk. Under the second scenario
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Newsletter 108 - 24/02/2017
, but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down... not been fully agreed with the institutions. Therefore, certain amendments may be incorporated..., may be lowered below the 6,000-euros mark, entailing cutting the tax credit down to 1,300 euros
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Debt relief moving to centre stage in programme discussion
PoliticsGreek Politicsby the Eurogroup last May, in order for the Fund’s board to give the green light for the organisation to join... Chancellor Angela Merkel in Berlin on Monday. Reports suggest that Berlin may be willing to accept... the IMF Spring Meetings on April 21-23, while the May 22 Eurogroup is being lined up as the one
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Newsletter 116 - 28/04/2017
and lenders to settle their differences over debt relief by the May 22 Eurogroup. Government officials... Tsipras conducts an official visit to China on May 14 and 15. It is possible that the vote... days to settle the debt relief and fiscal path issues before the eurozone finance ministers meet on May
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Review nears conclusion, parties turn to political future
PoliticsGreek Politicsthe weekend, Prime Minister Alexis Tsipras said that everything is on track to be wrapped up by May... about the possibility that SYRIZA’s coalition partner, Independent Greeks (ANEL) may be trying... parties or movements ahead of the next general elections and that some businessmen may be supporting his
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Despite snags, coalition expects multi-bill approval before Eurogroup
PoliticsGreek Politicsahead of the vote, which is expected between May 18 and 20. The government insists.... Athens is desperate to get the measures passed before the May 22 Eurogroup so the creditors do... on Wednesday that the ballot on the omnibus bill would be held by Saturday May 20. A few days earlier
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Newsletter 118 - 12/05/2017
voted in May 2016 and the measures agreed in the second review to offset the national roll-out... figure surpassing the 50-percent mark for the first time since last May. The biggest contributor... to this timetable but its intention is to certainly hold the ballot before the Eurogroup meeting on May 22, when
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Newsletter 119 - 19/05/2017
SYRIZA eyes May 22 deal Government sends an upbeat message while Berlin stays tight-lipped... from Greece’s creditors is positive and that there are strong prospects for an agreement on May 22. He even joked that he may soon have to wear a tie, after promising in 2015 that he would do so
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingthereafter by around 700 million to 10.9 billion in May. Specifically, Emergency Liquidity Assistance (ELA) funding stayed stable QoQ at 5.6 billion and rose slightly to 5.7 billion in May... by 600 million to 5.2 billion in May. Interbank repos stood at 4.8 billion in May. Ongoing deleveraging
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek Politicsthat Athens may be willing to agree to the compromise that emerged at Monday’s Eurogroup, which entailed... MPs and party members. It is this realisation that may have prompted Tsipras to float the idea..., Athens is certain to press for a better deal between now and June 15. Tsipras may hold talks
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