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Support finely balanced as coalition enters make or break December
PoliticsGreek Politicsof homes with a value of less than 200,000 euros. It is a sign of the pressure the government feels... reminiscent of the Greek left than the technocratic finance minister and the coalition he serves... New Democracy 0.2 percentage points ahead of SYRIZA in a poll carried out less than two months
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek Politicsbe no bigger than 270,000 euros The Ministry also proposes that those with a household income of less than 15,000 per year should pay a monthly mortgage payment of 10 percent of their net monthly income... are presumably softer than those that would have been demanded by the troika, which wanted
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Greece in 2014: The risks and opportunities of moving forward
Agorain this respect (more than 27 per cent of total official lending to Greece) – the question many ask... in 2013. More than 70 billion euros were reached at the end of the year, an increase of over 20 billion... different time frame and set of investment components. In more ways than one Greece is at a cross roads
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The Cyprus bailout is different, not only due to the bail-in
Agorabailouts in more ways than just the bail-in of uninsured depositors at the country’s two major banks... is in the detail: privatisation is put in a very different framework than in Greece, avoiding... more expensive for Cypriot companies and individuals than other destinations since they also have
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomymillion after recording declines in August and September. Greece currently has less than 3.6 million people in employment to support more than 4.7 million unemployed and inactive, an unsustainable ratio... impacts more than half of those between 15 and 24 looking for a job with the rate standing at 57.9
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Off the isles of Greece
Agorathis into account, though, nothing can excuse treating the people who arrive here as anything less than... anything less than this is to demean this tragic event. Even so, this week’s events leave a feeling that we have surrendered much more than the 12 lives engulfed by the Aegean. Like Xerxes in Byron’s poem
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One in two Greek households rely on pensions to make ends meet
Societyis out of work. However, even more alarmingly, only 9.8 percent (less than 200,000) receive unemployment... in their payments to the state, banks, social security funds or public utilities due to money shortages. More than... and 2013, which is higher than Hellenic Statistical Authority (ELSTAT) figures suggest. Nine in 10
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Troika inquiry: talk to the organ grinder, not the monkey
Agoraand narrow focus on the troika – a team of civil servants – rather than its political masters... after another. Self-fulfilling fear of “contagion” spread faster than blundering European authorities... dictating terms. The creditors needed an go-between and a scapegoat. (The reason for a troika, rather than
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Buying time: The delayed crisis of democratic capitalism - a review
Agoraexigency than on macro-economic objectives. Members of the troika themselves, notably the IMF... of fiction than a concise economic adjustment programme. When focusing on Greece Streeck’s ire... decision makers to again buy some time, Streeck does not consider this arrangement to be more than
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Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek Politicscoincide with the second round of the local vote, rather than the first. This move carries great... in the European Parliament will be shared out more widely among the parties than they have been..., will gain these sorts of percentages in May and that the seats will be shared out among more than four
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