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Reforms
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EconomyProgramme
Fiscal matters expected to dominate talks as lenders return for post-MoU check The institutions are due to carry out their first post-programme inspection in Greece this week, with next year’s pension cuts topping the agenda for their brief visit to Athens.
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PoliticsGreek Politics
Tsipras pledges array of tax cuts, hopes for break on pensions Alexis Tsipras did not spring any surprises during his speech at the Thessaloniki Expo (DETH) on Saturday, when he made a range of promises, particularly regarding his government’s fiscal plans, that were largely within the expectations that had been cultivated in previous weeks.
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EconomyProgramme
No final word on pension cuts as lenders prepare for return to Athens next week Ahead of the institutions returning to Athens next week for their first post-programme visit, the Greek government has been given some encouragement in its bid to avoid the pension cuts that are due to be implemented next year.
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EconomyProgramme
Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package The Greek government has given its clearest indication yet that it does not intend to implement the 1 percent of GDP in pension cuts due next year.
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EconomyProgramme
Focus turns to first post-MoU visit by creditors and talks on pension cuts Greece’s post-programme era, which officially began on Tuesday, is to start in earnest on September 10, when the institutions are due to return to Athens for the first round of discussions with the government.
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EconomyMacroeconomy
Growth conditions improving but more work needed over longer term, PBO suggests The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.
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EconomyProgramme
IMF voices concerns over long-term debt, sees more relief being needed In the report of the Article IV consultation with Greece, the International Monterary Fund (IMF) updated its Debt Sustainability Analysis (DSA) to incorporate the debt relief measures that were agreed by the Eurogroup in June.
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EconomyProgramme
IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report The International Monetary Fund (IMF) published on Tuesday the report for the Article IV consultation with Greece, which was discussed by its executive board last week.
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EconomyProgramme
Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC The privatisation of Hellenic Petroleum (HELPE) inched forward as the tender process for a 50.1 percent stake in the oil refinery entered a new phase.
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EconomyFeatures
More changes needed to unlock private sector's potential, report says Greece has to take specific steps to unleash the potential of its business economy because the reforms implemented during its three adjustment programmes have not had the desired impact, a study carried out by the German Institute for Economic Research (DIW) argues.