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Reforms
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EconomyMacroeconomy
OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence The Organisation for Economic Co-operation and Development (OECD) issued its expectations for how the Greek economy will grow in the near future with the release of its economic outlook, and stressed the importance of Greece sticking to its reform programmes.
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EconomyFeatures
Greece drops to 72 in Doing Business index as long-term problems persist The latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide.
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EconomyFeatures
Greece 57th in WEF's Global Competitiveness Index based on new methodology The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell four places in a year, standing at number 57.
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EconomyProgramme
Lenders' visit concludes with no firm answer on pension cuts The first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders.
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EconomyProgramme
Mixed picture for government after first day of talks with creditors A mixed picture emerged following the first day of talks between Greek government officials and the institutions’ mission chiefs in Athens as part of the post-programme visit by the lenders, which began on Monday.
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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.