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NPL resolution in Italy and Greece
Agoraunderscored by the reality that more than 200 billion euros of these NPLs are termed sofferenze in Italian..., how burden sharing can be adopted and what protective mechanisms need to be put in place for lenders... the minister who drafted it, Louka Katseli – overburdened the courts. There are currently more than
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The enemy within
Agorathan those who voted No. Certainly, the pro-EU and anti-austerity gatherings of that period appeared... No than businesspeople or salaried professionals, for instance. The question, though, is what does... division among the classes in Greece? Their first step should be to show how they intend to put right
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsargued that the 915-million-euro winning bid was much less than the state should have secured... of archaeological interest would put the whole project at risk. The Culture Ministry’s reported... until 2018, four years earlier than the initial agreement, Lamda will invest 8 billion euros, rather
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Athens sees flexibility on fiscal targets, singles out IMF over role
PoliticsGreek Politicsagreeing new measures to reach the 3.5 percent primary surplus rather than pressuring the eurozone to go... on the issue of labour reforms than the IMF. On Monday, Dijsselbloem suggested that any agreement... than the one it would have wanted, New Democracy wasted no time in accusing Tsipras of being poised
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IMF's outlook on debt unsustainability adds to doubts after inconclusive Eurogroup
EconomyProgrammeThe Greek government attempted to put a positive spin on Thursday’s Eurogroup even though it seems... that all participants acknowledged that the Greek economy performed better than expected last year... reportedly projects lower growth rates than the Europeans and sees Greece’s primary surplus at 1.5 percent
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Racist attacks fell in 2016, report by monitoring body indicates
SocietyNetwork documented, through interviews, 95 incidents of racist violence involving more than 130... incidents, with more than 300 victims, registered by the same network in 2015. In 31 of the incidents..., more than one victim was targeted, while in 54 cases the attack was committed by two or more people
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek Politicsa constructive role in securing a better compromise offer for Greece than the one put forward... primary surplus targets of less than 3.5 percent of GDP after 2022. There has been no clear indication... of respondents believe that conservative leader Kyriakos Mitsotakis would make a better prime minister than
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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek Politicsin the day but reports put the figure at 8.5 billion euros. Given that Greece has around 6.5 billion.... If this is the case, Athens will receive around a billion euros more than initially expected and will have more funds... clarity and his suggestion that debt relief will definitely be needed next year, rather than
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Eurogroup doesn't end in tie for Tsipras
Agorawanted (mainly changes to the pension and tax systems), it would then put pressure on the eurozone.... It provides some certainty for the years ahead and means lower targets than some of the lenders might... that his government secured some more funding than expected for clearance of arrears, a little more
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Greek and Turkish PMs tone things down, look to new Cyprus talks
PoliticsForeign Policywith Greek Premier Alexis Tsipras. In their statements after the talks, both men tried to put the emphasis... sources, Turkey wants the EU to offer something more significant than just guarantees on the Cyprus... citizens living in a united Cyprus. Still, Yildirim's statement provoked more questions than answers
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