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Athens in race against time to wrap up review

By   /  03/01/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens in race against time to wrap up review

Finance Minister Euclid Tsakalotos will begin a series of meetings with Eurozone counterparts in the next few days as part of a drive to complete the delayed review of the country’s bailout program. Tsakalotos will therefore seek consensus before a 12 December Euro Working Group and crucial Eurogroup meeting on 26 January. As thing stand […]

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Row over social benefit to pensioners continues

By   /  28/12/2016  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Row over social benefit to pensioners continues

After a letter he sent to Greece’s creditor institutions was leaked to the press, Finance Minister Euclid Tsakalotos revealed its full content while launching a scathing attack on main opposition New Democracy on Tuesday. The conservative party had pressed the government to reveal its communications with the country’s creditors, charging that the Syriza-ANEL coalition had […]

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Greek debt relief measures still blocked

By   /  22/12/2016  /  Finance, GR Finance, Greece  /  Comments Off on Greek debt relief measures still blocked

Talks between the Greek government and the country’s creditors will continue in order to determine whether or not recently decided social measures are compatible with the bailout program. The Eurozone wants Athens to provide assurances that supplements to pensioners worth 617 million euros are a one-off benefit and that no further unilateral action will be […]

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EWG leaves decisions on Greece for Eurogroup to make

By   /  30/09/2016  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on EWG leaves decisions on Greece for Eurogroup to make

Athens, September 30, 2016/ Independent Balkan News Agency By Zacharias Petrou A Euro Working Group (EWG) meeting on Thursday took stock of progress made by the Greek government in the implementation of fifteen prior actions that will unlock a 2.8 billion euro sub-tranche of rescue loans. The envoys of the so-called “quartet” of Greece’s creditors […]

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