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EconomyProgramme
Ministers urged to speed up reforms as Athens prepares for lenders to return Prime Minister Alexis Tsipras is making a fresh push so his government can progress enough with the fourth review prior actions so there can be a staff-level agreement on May 24, when eurozone finance ministers are due to meet.
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EconomyProgramme
Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts The Greek government remains confident about concluding the fourth review on time and does not intend to attempt to argue with its creditors that the pension cuts lined up for next year should be postponed.
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EconomyProgramme
Lenders still aiming for completion of fourth review in May Greece’s creditors do not appear to have given up on the hope of completing the fourth review next month even though dozens of prior actions have not been completed.
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EconomyProgramme
After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit The clarity that the Greek government had hoped might emerge from the discussions at the sidelines of the International Monetary Fund Spring Meetings failed to materialise and significant issues relating to the post-programme period will have to be resolved in the coming weeks.
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EconomyProgramme
Debt, fiscal path still divide lenders ahead of Washington Group meeting All eyes will be on Friday’s meeting of the so-called Washington Group at the sidelines of the International Monetary Fund’s Spring Meetings, with Athens hoping that the gathering of some of its lenders will provide greater clarity about the upcoming programme exit.
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EconomyMacroeconomy
IMF raises forecast for primary surplus but differences with European lenders remain Following the publication of its macro estimates in the World Economic Outlook (WEO), the International Monetary Fund issued on Wednesday its latest fiscal estimates in the Fiscal Monitor, where the numbers for Greece for 2017 and 2018 were updated.
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EconomyMacroeconomy![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF revises growth forecasts downwards, emphasising gap with other lenders The International Monetary Fund (IMF) issued on Tuesday its latest World Economic Outlook (WEO), updating its forecasts for the Greek economy over the coming years.
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EconomyProgramme
Ahead of IMF Spring Meetings, questions remain about conclusion of programme Attention is due to turn to Washington this week in the hope that the discussions which take place at the sidelines of the International Monetary Fund’s Spring Meetings will provide some clarity on the conclusion of the Greek programme and what will follow.
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EconomyProgramme
Athens presents growth plan outline as lenders continue to differ on debt relief A meeting of the Eurogroup Working Group (EWG) on Thursday gave the Greek government a first opportunity to hear feedback on its growth strategy and get an idea of the lenders’ thoughts on debt relief.
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EconomyProgramme
Prior actions and crucial meetings dominate agenda for rest of month The pressure is back on the Greek government following the Easter break as it is thought that around 75 prior actions have to be completed in the coming weeks.