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Why doesn't Tsipras just cut defence spending?
Agorathink – spending on Greece’s army, navy and air force has already been reduced since the crisis...’s defence spending is on personnel costs but this has also fallen during recent years. Before... to the International Institute for Strategic Studies (IISS), this has now dropped closer to 50 percent
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Portuguese election: Where those who lost may decide
Agorato be answered. How was it possible? The pro-austerity coalition PSD-CDS has won 104 out of 230 seats... has gradually started to recover (0.9 percent growth in 2014, after three years of recession..., comparing to the same month of last year, but the employed population has only increased by 5,000
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Whither New Democracy?
Agora: This is more or less the sum total of what the New Democracy leadership race has produced so far..., what we see underneath is a party that has failed to understand why it failed miserably... of the four hopefuls, has set off around Greece in a camper van. It’s not so much the kind of battle
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Latest EU plan to tackle refugee crises poses new, bigger challenges for Tsipras
PoliticsForeign PolicyGreece has agreed to provide the facilities needed to host 50,000 refugees while they wait... focus has been on the humanitarian side and the basic processing of those who arrive on Greek shores... crisis has mostly featured low down the political agenda. Most voters are aware that the migrants
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Newsletter 50 - 06/11/2015
of voluntary tender offers to bank bondholders converting their bonds to equity. The first LME offer has.... However, as a two-thirds majority has been achieved, Piraeus has the right to convert the 100 million... for any state support. NBG has announced a capital increase of 1.6 billion and Piraeus is targeting
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Newsletter 51 - 12/11/2015
. It is noteworthy that, although the ECB’s Single Supervisory Mechanism (SSM) has not formally responded... and the LME would be accepted as capital mitigating actions. Alpha has announced an equity raising... an initial indication on November 3, Eurobank announced on November 12 that it has received
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Greece's 2016 diplomatic agenda begins with talks on Cyprus and name issue
PoliticsForeign Policy. Athens insists that it guarantees are an antiquated concept and has called for them to be dropped... is really known publicly with regards to the chapter on security and guarantees as this issue has not yet..., the demilitarisation of the island seems not to be a taboo issue any more but Turkey has not yet had its final say
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Newsletter 65 - 04/03/2016
that were included in the 2016 budget but The IMF says “good progress” has been made among the institutions... with Turkey had been held. The second problem is political in nature. The build-up of migrants has caused New... the crisis through its mistakes and lax migration policy. It has been a busy few days for Mitsotakis
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Newsletter 67 - 18/03/2016
issues of the first programme review, no agreement has been achieved in most of them. However, progress has been made in some of the thorniest issues on the review agenda. Without providing any... on the full liberalisation of the non-performing loan (NPL) market. In contrast, the government has
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Crisis management policy: the sad lesson of the Greek case
Agoraprescribed has been so wrong in its composition that the economic crisis has been much longer and much... tightening. And so it was: no other OECD country has ever implemented such harsh austerity measures... of non-performance loans. This has yet to be put in place in Greece. If confidence in an economic
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