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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyGreece tapping markets after the second half of 2016. Privatisations MoF targets privatisation... and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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Contribution made by privatisations to GDP since 2010 underlined in new study
EconomyFeaturesshows that between 2011 to 2019, privatisations provided an important boost to annual GDP. The study found that privatisations added 1 billion euros annually to Greece’s GDP over the period in question... be attributed to privatisations, suggesting that for each 1 euro of privatisations revenue an added 1.02
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Where next for Greece's troubled privatisation programme under SYRIZA?
EconomyGreek privatisations are expected to be one of the subjects discussed at Monday’s Eurogroup... from privatisations are earmarked for paying off Greece’s debt and play a key role... to: a) Not to roll back privatisations that have been completed. Where the tender process has been launched
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Mitsotakis seeks Libya cooperation, keeps open mind on extending territorial waters
PoliticsForeign Policyto contest and challenge in practical terms Greek sovereign rights via the Libya-Turkey memorandum. Commenting on the attitude of Turkey and the memorandum with Libya, Mitsotakis announced the intention of Greece to approach Libya on a number of issues, including the beginning of talks
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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeThe revenues from privatisations in 2016 came to 500 million euros. For 2017, they are estimated... stages to go through before the investors can make a binding offer. Privatisations have been one... Greece’s recent return to the bond markets, privatisations still remain an important weather vane
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesof the year. The government's draft budget report lists a total of 13 privatisations due... privatisations this year stand at 994.8 million euros. Another 1.35 billion is expected before the end of the year, which would take the total to 2.35 billion. Several key privatisations were
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Athens gets seat at Libya conference, but talks yield little
PoliticsForeign PolicyAn international conference on Libya ended in Paris on Friday with a commitment from the North... a schedule for the withdrawal of foreign forces from Libya. However, analysts and observers... of Libya and its people. “We reiterate our commitment to the success of the Libyan political process
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Migratory flows and maritime rights create Libya conundrum for Athens
PoliticsForeign PolicyThe issue of Libya is a concern again for the Greek government and its diplomats. However, this time problems with Libya do not only concern the internationally-recognised government in Tripoli... worrying developments for Athens. The first concerns the increased migratory flows from Libya
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Athens steps up efforts to build links with Libya as EU steps in to assist
PoliticsForeign PolicyIncreased migrant flows from Libya to southern Crete are causing the Greek government much concern.... This is why European Commissioner Magnus Brunner is visiting Libya on Tuesday. He is due to meet officials... hour. Talks focused on the problem of the irregular arrivals from the northeastern part of Libya
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Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammediscussed in detail privatisations – one of the key issues that need to be settled... fund as well as the conjunction between the old and the new privatisation programme, Tsakalotos noted. It is not clear at the moment whether a new privatisation fund would be established
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