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A quarter-pounder democracy
AgoraJust under 17 years ago, New York Times commentator Thomas Friedman put forward a theory that if McDonald’s restaurants open in a country, a functioning democracy and institutions won’t be far behind... and the innocent won’t. Economic recovery, if or when it comes, will mean little if the accountability
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Buoyed by troika deal, Greece aims for rapid return to bond markets
Economysovereign bond issue. At the same time, the yield of Greece’s 13-week T-Bill significantly dropped during... within 2013, the drop in the T-Bill yield was just 21 bps.
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Has SYRIZA's moment gone?
AgoraGreece money through lower T-Bill yields or over the lack of clarity regarding what the coalition would... (and not discounting New Democracy’s tendency for self-inflicted wounds) it doesn’t look like SYRIZA
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After landmark return in April, Greece prepares to tap bond markets again
Economydrop of T-Bill yields within 2014. Following a reduction by just 23 bps in 2013, the yield... in the 3-month T-Bills has dropped by 177 bps year to date to 2.13 percent. The imminent bond issue follows
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Greece prepares for a 3-year benchmark bond issue
Economyof 3.50 percent. In addition, Greece raised on Tuesday 1.63 billion from a 6-month T-Bill auction... of the 6-month T-Bill stands at 210 bps since the beginning of the year. Strong investor interest for Greek
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Public deficit and democratic duty
Agorabasically run the show and democracies become a kind of rubber stamp because people don’t understand what’s going on and they don’t want to understand what’s going on,” said Chang. That is why understanding
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomy. The respective decrease in the rate of new T-Bill issues this year was sharper at 210 to 215 bps... by 190 bps in 2013, the yields in T-Bill issues had not recorded any material change within 2013
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomydecline in the 3-month and 6-month T-Bill rates was sharper in the 7-month period, slightly above the 200-bps mark. The evolution of time deposit rates and T-Bill yields this year also reflect last
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The television will not be revolutionised
Agoraquality but you don’t mean it, don’t assign the job to someone who does,” Moronis wrote on his social
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Venizelos ready to work with SYRIZA but leftists and Papandreou to have last say
PoliticsGreek Politicsthe deputy prime minister. “But we have been through this before. Wasn’t New Democracy saying the same.... You can’t be aloof when the country is in danger.” As we have noted before, Venizelos has softened
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