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Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook.
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Athens facing final steps in third review as next milestones identified
The countdown to next Monday’s Eurogroup, where the third review is due to be officially completed has begun following last week’s visit to Athens by European Economic Affairs Commissioner Pierre Moscovici, who also set out the key milestones for the months ahead.
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IMF sticks to reform, debt relief demands as programme role remains in doubt
A meeting between Prime Minister Alexis Tsipras and the International Monetary Fund’s managing director Christine Lagarde at the sidelines of the World Economic Forum in Davos on Thursday has rekindled interest in what stance the IMF will take regarding the Greek programme.
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Lenders set ambitious e-auction targets for Athens
Greece’s lenders have made it clear that they will keep a close eye on the unhindered conduct of auctions throughout Greece by attaching it as a condition for the second disbursement from the 6.7 billion tranche that was approved at yesterday’s Eurogroup.
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Coalition hits some turbulence but expects cohesion for multi-bill vote
The coalition is not expecting any nasty surprises in Monday’s vote on the extensive multi-bill it submitted to Parliament last week despite some last-minute unrest within the government.
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Omnibus bill to be tabled shortly as Athens edges to third review conclusion
Prime Minister Alexis Tsipras is due to chair a cabinet meeting on Monday, which is seen as the last step before the government submits to Parliament the multi-bill designed to wrap up most of the remaining 70-odd prior actions of the third review.
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Multi-bill on way as Athens aims to complete third review by Jan 22
The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away.
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Busy January ahead for coalition, which rebuffs accusations over Turkish airmen
The end of the Christmas and New Year festivities means that political life in Greece is set to return to its normal rhythm, with January promising to be a particularly busy month.
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Countdown begins for multi-bill, coalition eyes minimum wage increase
The countdown to the submission of the multi-bill that will aim to address many of the prior actions the government has to complete as part of the third review has begun.
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Despite cuts, pension system still at risk due to old-age dependency
The Organisation for Economic Co-operation and Development’s (OECD) pension reform report revealed that on a global level, the organisation believes that further reforms are required to balance the impact of ageing populations.