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Clock ticks on prior actions as coalition searches for solution on islands
The Greek government is under severe time pressure to complete some 70 prior actions remaining as part of the third review, while property auctions remain a thorn in the coalition’s side.
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Mitsotakis rules out roles for relatives, Tsipras mulls way out of pension cuts
New Democracy leader Kyriakos Mitsotakis caught the headlines over the weekend by pledging to exclude his sister, former foreign minister Dora Bakoyannis, and other relatives from government if he comes to power.
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After reaching SLA, Athens focuses on prior actions and next bond issue
The Greek government and the institutions reached a staff-level agreement (SLA) on Saturday, as had widely been expected, leaving Athens close to concluding the third review.
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Athens hopeful of clinching SLA after progress in creditor talks
Greece and its lenders appear close to reaching a Staff Level Agreement (SLA) this week after talks appeared to progress on Thursday, with the two sides said to have agreed on next year’s projected fiscal overperformance.
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E-auctions get underway as draft SLA is prepared
Electronic auctions made a successful, albeit brief, debut on Wednesday, boosting hopes that Greece and its lenders will conclude a Staff-Level Agreement (SLA) this week and pave the way for the completion of the third review in January.
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OECD sees growth picking up, warns about society and financial sector
The Organisation for Economic Co-operation and Development (OECD) became the latest body to confirm Greece’s return to solid growth next year, although it issued a conservative forecast for economic activity this year.
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Institutions, Athens start new round of review talks as e-auctions get green light
Talks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can start on Wednesday.
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Institutions head back to Athens in search of SLA by end of week
The institutions are returning to Athens this week with the aim of having a staff-level agreement (SLA) in place before Monday’s Eurogroup.
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Deadly floods blight Athens as progress sought in third review
More than a dozen people were killed in flash floods that ravaged the outskirts of Athens on Wednesday, creating a bleak backdrop for political developments this week.
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EC upbeat on reforms paying off, as long as they continue
In a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve its four main objectives.