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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek PoliticsAn agreement at Thursday’s Eurogroup seems the most likely outcome even though Prime Minister Alexis Tsipras repeated his warning on Tuesday that he would take the matter to the European Council a week later if there is no deal.
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Athens banks on French support for debt relief and growth
PoliticsGreek PoliticsThe Greek government is due to welcome French Finance Minister Bruno Le Maire to Athens on Monday as it heads into the last few days of intensive negotiations before Thursday’s Eurogroup.
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Greece eyes higher growth as possible catalyst for Eurogroup deal
PoliticsGreek PoliticsIn an apparent change of direction, the Greek government appears to have pinned its hopes for an agreement with creditors at the June 15 Eurogroup on the possibility of the country’s growth projections being revised upwards and this feeding into the debt relief measures that will be needed.
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OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
EconomyMacroeconomyIn its latest Economic Outlook report the OECD notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven.
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Athens unsettled by speculation about proposal at June 15 Eurogroup
PoliticsGreek PoliticsThe week ends with little clarity on what kind of agreement will be possible at the June 15 Eurogroup and with the Greek government’s position yet to crystallise.
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Tsipras readjusts expectations for crucial Eurogroup
PoliticsGreek PoliticsThe Greek government’s expectations ahead of the June 15 Eurogroup remain the subject of much speculation following the latest comments by Prime Minister Alexis Tsipras.
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek PoliticsRepresentatives of the Greek government and its lenders continued on Wednesday to publicly exchange views about the country’s programme and the prospects of concluding the review in the coming days but failed to provide any clarity about whether there will be an agreement at the June 15 Eurogroup or what kind of compromise could emerge.
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek PoliticsThe Greek government was quick to reject on Tuesday any notion that it intends to avoid meeting its debt repayments in July if it does not get the debt deal it wants with its lenders in the coming weeks.
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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 proposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding the key to an agreement at the next gathering of eurozone finance ministers on June 15.
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek PoliticsThe terrorist attack on former Prime Minister Lucas Papademos in Athens on Thursday drew attention away from Monday’s Eurogroup, but discussions continue in the background.