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Who’s afraid of Angela Merkel?
Agorathe liberals, representing the well-off, extremely eurosceptic part of West Germany and the eurosceptic and not so well off part of East Germany, where they managed to collect mostly over 5 percent... policy. The Greens have the support of well off voters in common with Angela Merkel. Also, her
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A factional story: When disunity came to visit New Democracy
Agorapaid off so far, preying just enough on the doubt of wavering voters who feel they cannot make... of forces on Greece’s right. However, in its bid to stave off Tsipras and Co. New Democracy may end up... begins to seem like an increasing liability. In its despairing effort to block off SYRIZA and win back
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Between the sword and the olive branch: Dilemmas of Greek diplomacy
Agora. There is a danger that the discovery of hydrocarbons off Cyprus, which was seen by many as a potentially... besieged Kobane, the Europeans and Americans cannot afford to write him off. The volatility sweeping..., nicknamed Ak Saray (White Palace). As the western powers stand off, Erdogan gathers more power in his hands
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What next Greece?
Agora, and in what circumstances? (5) If and when the wheels come off the programme, is an exit inevitable... programme has always been a “risk-materialisation” away from going off-track. The three main... negotiates a new programme, which goes off track; New Democracy win early elections and avert an exit. I
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Greek market jitters evident as investors dump shares and bonds
Economy2012. The sell-off in banks was more pronounced, with the banking index plunging 26.7 percent... Authority stock also suffered a heavy sell off, closing down more than 7 percent after the government... that the sell-off was accompanied by increased trading. Bonds The negative sentiment was also reflected
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Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
EconomyMacroeconomy). It should be noted though that last year’s figure included one-off revenues of 1.31 billion related...-off revenue of 556 million related to fees Greek banks paid to the Hellenic Financial Stability... to 16.29 billion. Excluding the one-off items from periods, the adjusted figures show a more moderate
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Cash primary surplus reaches 1.3 bln at end of June on lower expenditure
EconomyMacroeconomyof preference shares by Alpha and Piraeus. Similarly, this year’s figure incorporates one-off revenue... one-off items from both years, we get an adjusted primary cash surplus of 747 million for the first... cash revenues fell by 12.8 percent to 19.11 billion. Excluding the one-off items from both periods
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Newsletter 41 - 04/09/2015
decided to pay the whole amount via credit card. While those taxpayers paid off the amount in 6 to 12... of the zeal for a clean-up that it claims it has. The SYRIZA leader points to a dusting off... where SYRIZA left off, continuing to promise an alternative path to austerity but strictly through
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Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept
EconomyMacroeconomy. This year’s figure incorporates one-off income of 556 million the Hellenic Financial Stability Fund... that were transferred to the state in March 2015. Excluding these one-off items from both years’ reported...). Cash revenues dropped by 8.7 percent to 31.46 billion, while excluding the one-off items from both
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Asking Greece to stack more austerity measures ignores past failings
Agorabillion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... were going out of the window. Off track But 2010 set the tempo and the policy of “stacking” more... the one-off spending on bank recapitalisations. The figures demonstrate how much fiscal effort Greece has
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