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  1. Court ruling on pension cuts more political problem than legal obstacle for govt
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government insisted on Wednesday that the vote on the multi-bill is due to go ahead as normal next week despite the Court of Audit raising doubts about the pension cuts included among the measures that Greek MPs need to approve. Reports started emerging on Tuesday night that the court’s plenary

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  2. Athens encouraged by terms for new round of Cyprus talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    and Nicosia have been raising over the last couple of weeks,” sources said, also noting

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  3. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and raising the value of state-controlled assets. The key risks to the OECD forecasts relate to delays

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  4. Tsipras makes PASOK opening amid domestic troubles
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , such as former Education Minister Nikos Fylis (SYRIZA) raising the prospect of an alliance with PASOK. Apart

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  5. Some relief for coalition but bold claims about programme exit a concern
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    could be in July, with the aim of raising around 2.1 billion euros to swap the three-year bond

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  6. PMI at 50.5 in June, posting first growth in 10 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    and impacted on the average selling prices which manufacturers attached to their products, raising them

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  7. Coalition's judicial wranglings provide opposition with line of attack
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    been completed, raising 10.9 million euros. The insinuation from some government officials has been

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  8. Athens forced to consider shelving market access plans for now
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , which matures in 2019, while the other part would involve raising new funds. Reuters revealed that six

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  9. Greece completes first bond issue in three years, eyes more on way out of programme
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3 billion euros. The book-building process launched on Monday and concluded on Tuesday afternoon. As we noted, the transaction included a switch and tender offer of the 5-year bond issued in April 2014

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  10. Fitch upgrades Greek rating to B-, sees debt sustainability improving
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Fitch on Friday became the latest agency to upgrade Greece’s long-term credit rating, raising it to B- from CCC with a positive outlook. Fitch believes that Greece’s debt sustainability will steadily improve as the country continues to comply with the terms of the ESM programme, which reduces

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