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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek Politicsas a technocratic appointment, or at least one that emanated from outside the narrow partisan confines... of the dangers of a euro exit: However, one of the key challenges for Hardouvelis will be to handle... one of the most controversial posts due to substantial cuts to health expenditure and changes
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UnLuCky for some: Another painful lesson from the euro crisis
Agorafor tolerance. Over the last year and a half one of the three key players in Greece’s crisis management team... that current accounts do matter after all, one of the troika’s main objectives became to improve... the trade balance. Since there is no one to finance your excess imports you keep turning the screw
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Coalition reaches compromise on candidate for European Commission
PoliticsGreek Politics. Avramopoulos’s nomination was confirmed on Sunday after Prime Minister Antonis Samaras spoke to one.... Kostis Hatzidakis, who was removed from the Development Ministry in a recent reshuffle, was one... measures he pushed for. This left Avramopoulos, one of New Democracy’s vice presidents, as the only non
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Managing an orderly Greek exit from the memorandum
Agorathe current programme or refusing to negotiate a new one? In our view, there are workable alternatives to this position. The IMF itself is offering one of these in the form of a so-called precautionary credit... of financial assistance it received in 2012. One should not underestimate the level of scrutiny inherent
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Waiting for Godot in Greece
Agoraof emails, frequent telephone hotlines and video conferencing. One wonders why face-to-face interaction... part of the second macroeconomic adjustment programme, then one can speculate how the day after... their own conclusions. One key indicator is international bond market reactions to this impasse. Much
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Newsletter 5 - 28/11/2014
on who he is running against. One of PASOK’s dilemmas is that it lacks any obvious candidate who... is that with PASOK polling under 6 percent in most opinion polls, success would be hard to come by if one... by Stathakis in London is informative and revealing in more ways than one. Leading off with the title “A Growth
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The possible scenarios for avoiding snap elections in Greece
PoliticsGreek Politicsthe threshold by trying to pick off independent and opposition MPs one by one. Instead, New Democracy... One possibility is that the parties strike a deal for early elections next year in return... pressure. It would also remove one of the bonus cards he would hold going into snap elections now
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Newsletter 9 - 30/12/2014
Greece heads to the polls Surveys suggest SYRIZA's lead is narrowing Greece has entered one..., have played up these fears over the past few days. It is certain that this will be one of the main... not mind avoiding, will yield the political solutions that either camp is banking on. One cannot exclude
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Newsletter 11 - 16/01/2015
debates during this electoral campaign in Greece has tended to converge on one issue: Is the country’s... than initially projected. Hence, one key condition of such a grand debt bargain has been achieved... in Washington must certify two key assumptions. For one, that Greece is fully financed for the next
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Appealing to dual audiences compounds mixed messages from SYRIZA
PoliticsGreek Politicsin the last days of the campaign. SYRIZA MP Nadia Valavani suggested on Tuesday that one of the party’s... is closer to SYRIZA’s leadership and is one of the party’s regular representatives in the media... the fact that the leftists are appealing to two different audiences. On one side lie its leftist
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