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SYRIZA's left wing sticks to belief Greece should leave euro
PoliticsGreek Politicscentral committee. “The plan for Greece to leave the eurozone is not a catastrophic choice at all... central committee during this summer’s congress, when Tsipras united – theoretically, at least – his party behind a core message and central decision-making process. In this respect, the leftist
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomy. The central bank also calls on the government to focus its economic policy on implementing fiscal... to the BoG report. The central bank recommends that the streamlining of the public sector should continue... corporates should seek alternative funding sources, the central bank says, including debt financing
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Greece in 2014: The risks and opportunities of moving forward
Agora, corporate representatives and civil society face throughout 2014. For fiscal policy making the central... commitment to the structural reform process as a central trade off. Given Greece’s volatile social... in the framework of a national export strategy are central. Greece needs to enlarge its export base both
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Cooperatives on Cyprus: Why they were treated differently to banks
Agoraseparate entities to 18. Control and monitoring will be in the hands of the Cooperative Central Bank... a penalizing interest in order to defer to EU competition clauses. The new CEO of the Central Co-operative... ownership, as well as a way for local and central government to borrow; in effect the Cypriot answer
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First round of local elections leave Greek politics finely balanced
PoliticsGreek Politicsfor the conservatives in northern Greece. New Democracy’s candidates in Thessaloniki and for the Central... Democracy’s Stavros Kalafatis. In Central Macedonia, New Democracy rebel Apostolos Tzitzikostas comfortably..., Attica and Central Macedonia will lead to questions about the party’s strategy. These shortcomings
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As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomyas the central bank's new governor. Provopoulos's tenure expires on June 19. Stournaras's... of Greece's central bank. The leftists have threatened to remove Stournaras from the position if they come... banknote shipments from other eurozone central banks totaling 5.26 billion took place in three
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What would a clean bailout exit for Greece mean in numbers?
Agoraand other eurozone national central banks (NCB) have a significant impact on Greece’s debt maturity... for the purpose of paying back debt. The decision is not endorsed by all central banks and does not change... and other central banks over the next 5 years is just short of 23 billion euros. No other creditor
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Mixed messages continue to dog SYRIZA
PoliticsGreek Politicscentral message, which has become slowly but steadily more moderate. Led by the abrasive MP Panayiotis Lafazanis, the group accounts for about a third of members on SYRIZA’s central committee and cannot.... In this case too Lafazanis and the Left Platform have some strong views. At a meeting of SYRIZA’s central
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Greek primary cash surplus up to 2.61 bln at end of November
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 2.61 billion euros...’s figure of 756 million. The 11-month central government net balance recoded a higher fiscal.... Note that the central government figures reported by BoG are solely on a cash basis, while
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomybe stronger if the recent decline in oil prices is taken into account, the central bank says. The BoG also... economic activity in a fiscally neutral manner The central bank points has added its voice to the calls... that are currently tied up to those troubled loans, according to the central bank.
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