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Athens Macedonian News Agency: News in English, 17-02-14
CONTENTS
[01] Moscocivi: There's a window of opportunity for a deal with Greece
[02] Pressures for new measures, delays in program review threaten
economic recovery, says business body
[01] Moscocivi: There's a window of opportunity for a deal with Greece
There is a window of opportunity for Greece to achieve an agreement with
its creditors, EU financial affairs chief Pierre Moscovici told Euronews'
Greek service in Brussels on Monday, following the presentation of the
European Commission's winter forecasts for the period 2016-2018.
"Just as Greek authorities are assuming their responsibilities […]
Greece's partners must also assume theirs," he said.
Concerning the International Monetary Fund's role in the Greek program,
the Commissioner said it is a "valuable partner" with whom the European
Commission wants to work with.
[02] Pressures for new measures, delays in program review threaten
economic recovery, says business body
The Greek economy risks being bogged down again due to the pressures
from the country's lenders to take new measures and the government's
inability to conclude the second program review, the Hellenic Federation
of Enterprises (SEV) said in its monthly economic bulletin on Monday.
"The challenge is to bridge the differences between the Greek government
and the institutions in order ensure a smooth disbursement of the next
installment of the program's loan. Any delay in the process can trigger
a domino of negative developments at a particularly critical time both
for Greece and for Europe," the business body said.
SEV also noted that the protracted negotiations increase uncertainty
which is recorded in the fall in consumer confidence in January 2017 and
in the market's 'wait-and-see' attitude, while mixed trends was formed
in various sectors of the economy.
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