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Effort to keep Greek-Turkish ties on even keel put under stress
PoliticsForeign PolicyDefense Minister Hulusi Akar accused Athens of “illegal and provocative actions.” “While we are reaching... actions and acts of some Greek officials,” he said a few days ago. Akar also stated that “we... to support anti-government positions in Greece. These 12 Russians, most of whom worked as consultants
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammedifference between the Greek government and the institutions during the 3-day visit of the quadriga...) be deemed eligible for protection. The quadriga appeared willing to discuss the threshold of 120,000 euros to be applied based on the market value of the property rather than the taxable value
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammean agreement could be clinched by March 25. The quadriga proposed to the Greek government last week.... According to this quadriga proposal, the current tax-free threshold of 9,550 euros would be lowered... tax break. Both the government and the quadriga proposals result in lower tax for those self
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Of symmetry and adjustments in the eurozone
Agoraa negative impact on the ability of households to generate demand, this would be more than compensated... because of Germany, of course) had a surplus of slightly more than 6 percent. Since... and Greece, and more than 40 percent in Italy. Fiscal consolidation in the periphery
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Why is Europe worrying about SYRIZA?
Agorastagnation, seem far more important than the loss associated with the debt restructuring. The second key point of SYRIZA's electoral agenda is the abandonment of austerity that, albeit less stringent than... be significantly larger than in the case of restructuring. Then, probably more important, because Grexit would
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Refugee influx pushes Tsipras towards crisis nexus
Agoraarrived in 2014 but already this year there have been more than 400,000 arrivals. On Friday, IOM.... Housing, feeding and keeping people warm carries a much higher cost than scanning their fingerprints.... In this sense, the migration crisis may prove a greater challenge than the economic one for Tsipras
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Newsletter 37 - 31/07/2015
, with less than three weeks left in which the various sides should – theoretically – come to an agreement... than 12 years, since November 2003. In addition, June outflows are the third biggest since last...), the European Commission and the European Stability Mechanism (ESM), the newcomer making the quadriga, it would
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I know what you did the summer before last
Agorait as a watershed moment rather than a recurring nightmare. *You can follow Nick on Twitter: @NickMalkoutzis Nick... paradox in lambasting Tsipras for adopting the tax hikes and pension cuts attached to the latest
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From the troika to the quartet
Agora), the newcomer making the quadriga, it would be Greece’s third macro-economic adjustment programme... on the short-term repayment obligations in 2015 and 2016 to the IMF and the ECB than on the country... to conclude the proceedings on time. *An earlier version of this article appeared in last week's e-newsletter
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Politics trumping economic prudence in Greece
Agorawith an equity investment in a holding company that risks looking more like a lifeline for MIG than... in a less favourable light. *Jens Bastian is an independent economic consultant and investment analyst... is immediately using fifty per cent of April’s bond proceedings to buy a major stake in a highly indebted
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