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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyto 97.32 billion euros. Net deductions more than halved to 159 million in November from 355 million... to 69.59 billion with monthly net deductions dropping to 145 million from more than 200 million... with the troika is not clinched by the end of February than Greek banks may be forced to cover the state’s
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Tsipras delivers SYRIZA's first, tempered message of Greek election campaign
PoliticsGreek Politicsthan twice the 11.4 billion euros the opposition party claimed. SYRIZA’s programme has four themes... who are earning less than 700 euros per month and scrap the special excise tax on heating fuel... to be more caring than previous governments are true. Restarting the economy SYRIZA suggests the formation
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To Potami aims for rapid rise to third spot in Greek elections
PoliticsGreek Politics, though, it also attempts to present a more caring, less elitist face than the previous failed... media coverage than other smaller parties. Drasi always found it difficult to convince voters... government to be a coalition rather than single-party one. According to GPO, 38.3 percent of SYRIZA
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Greek bond yields at post-PSI high as Athens bourse continues plunge
Economyto recover more than half of its earlier losses in the last 1.5 hour of trading. It is clear that investors... the 25 large cap stocks on Wednesday. However, the banking index has tumbled by more than 30 percent... in the bond market with the 3-year Greek government bond yield climbing by more than 1.5 percentage
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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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Review completion and SMP redemptions will decide Greece's QE eligibility
EconomyProgramme20 percent will be taken on by the ECB. The ECB will not buy more than 33 percent of the issuer’s... is lower given the ECB’s SMP holdings of more than 25 billion. In addition, following the PSI and debt... with a cash value of more than 21 billion euros as of March, the gradual lack of renewal of interbank repos
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Why Greece’s ‘also ran’ parties are crucial
Agoramillion votes, or some 19 percent of the total. Taken together, that made them more successful than New... of them who could afford to run again took 368,277 votes, or almost 6 percent. That was more than the communist KKE received and just less than Democratic Left, which won 17 seats. This time round
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Pressing economic tasks mounting up for next Greek government
EconomyProgrammebillion in March. In previous transactions like this, foreign investors purchased more than half... sources note that withdrawals so far are manageable and much lower than those before the June 2012... the downward trend evident in December, when revenues fell by more than 17 percent. If budget revenues
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The immediate economic and financial hurdles for the new Greek government
EconomyProgramme. Greek banks would also resort to ELA to replace cash value of ECB funding of more than 20 billion, which... as of March. Note that Greek banks hold EFSF bonds of more than 37 billion of which less than half is used
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Understanding the German approach towards Greece
Agoraat face value. The risk of direct financial contagion is considerably lower than two years ago, when..., Greece might also grow stronger than its peers in southern Europe over the medium term. The reason..., Merkel is more flexible than she is often given credit for. However, she does not, for all we know
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