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Greek gov’t says no additional measures for 2018, after IMF publishes Fiscal Monitor

With its forecast report the International Monetary Fund set the base for a new negotiation between the Fund and Greece’s  European lenders, that is Berlin. In its Fiscal Monitor 2017, the IMF forecasts for Greece a gap of 2.7 billion euros for 2018. The fund estimates that the primary surplus …

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Greece bows to Troika’s demands: Hikes in Value Added Tax to hit tourism

Greece’s resistance to Troika’s demand did not last long. Just a couple of days after the negotiations failure in Paris, the country’s lenders e-mailed the Greeks that they should definitely need to impose additional austerity measures and fill the hole of estimated 2.5 billion euro in the budget of 2015.  …

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Mood in Greece plunges from “Bad” to “Worse”. Gap between People and Government Growing

Another tough week has started for Greece after a weekend of  heavy bombardment with EU politicians and aspiring IMF heads, economists and bankers, journalists and institute heads in Cassandras’ dresses predicting  the inevitable, i.e. that international markets have written off  ‘Greece’ and that noble methods like ‘blackmailing’ and ‘threatening’ are been excessively …

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