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The IMF crisis and how to solve it
Agoraof the most credibility-sapping in its history. Here I trace the IMF’s role in programme from its stormy launch; its misfiring implementation; the Fund’s half-hearted apology; and ongoing efforts to draw.... Ultimately the IMF’s Greek procrastination was fruitless: Private lenders to Greece suffered a scalping
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
EconomyResponding to SYRIZA’s economic programme, which presented by its leader Alexis Tsipras... negative impact on Greece’s fiscal and debt position from the implementation of SYRIZA’s measures, while offering a different view on Greece’s economic model. The first key difference highlighted
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SYRIZA's date with history
Agoraa presidential candidate. The most recent opposition leader to follow this tactic was PASOK’s George... that could land Greece in further trouble. It’s not as if Tsipras is oblivious to history. Last week he... MPs to betray Georgios Papandrou’s Centre Union and join governments that were loyal to King
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Moody's sees 1.2 pct growth in Greece next year but highlights political risk
Economyis a credit negative, according to Moody’s latest comment on Greece. Higher risk stems from the high electoral threshold and the coalition government’s presently slim majority in parliament, the ratings agency... risks. According to Moody’s, Greece’s gross financing needs are estimated at more than 20 billion euros
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How snap elections in Greece fit into Samaras's strategy
Agoraattempts to put off the inevitable. There was never a convincing case that the coalition’s candidate would be able to gather the minimum 180 votes needed and Prime Minister Antonis Samaras’s half..., too late. Samaras’s decision not to meet other party leaders, regardless of the obstinacy
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek Politicshis government’s policy programme in Parliament on Sunday, the Greek leader’s stuck almost rigidly to his pre-election pledges, many of which run counter to the policies that the country’s lenders would... for an extension to the existing bailout, which is the only option that Greece’s eurozone partners
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What we've got here is a failure to communicate
Agora, faltering steps have left a blot in the government’s copybook that it will be hard to erase over... of lofty statements or gestures being made with regard to the new government’s intentions to restore wages and pensions, roll back some reforms, halt privatisations and resist the European Union’s wishes
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Spain is not Greece: Part two
AgoraThe tremors in Greece after SYRIZA’s electoral victory were also felt in Spain –and quite intensely. Having attempted to disassociate Athens’ fate from Madrid’s, Spanish officials have found... in the country’s recent history. One week after the Greek elections, Podemos showed its muscle with a massive
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Coalition rhetoric opens up more fronts for Greece
PoliticsGreek PoliticsPreparations for Monday’s Eurogroup, when eurozone finance ministers will have their first opportunity to respond to Greece’s initial reform proposals, took an unexpected twist on Sunday following... could hold a referendum on euro membership if the Eurogroup rejects Greece’s reform proposals
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Parliament starts process of probing Greek debt and MoUs - further division likely
PoliticsGreek Politics’s two international bailouts, adding to an atmosphere in which there is intense questioning of the policies followed over the previous years and how Greece’s debt was formed. Following another bad... truce between the former great enemies of Greek politics could be tested by the government’s
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