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Tsipras takes stage for launch of book and would-be political manifesto
PoliticsGreek Politicsthat period as one of hard choices and national resilience, positioning himself as the custodian... estate and tourism has produced “shallow” growth, with wages having lost roughly one-third.... Central to his proposal was a Youth Support Fund financed by a “Patriotic Contribution” on very high
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Tsipras issues rallying call to progressive camp as ND slides in polls
PoliticsGreek Politicsone percentage point to reach 11.3 pct. The projected vote puts ND at 28.6 pct, down by 2.5 percentage..., however, note that the projected results could shift significantly on election day. Almost one in four... significant bloc, larger than any party except ND, and one that could significantly upset the balance
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammetheir intention to deliver all outstanding items by mid-2022. One more review is scheduled...Greece has one more step to take before it completes its post-programme surveillance after... around 18 pct from the 2030s. The most severe scenario is the one of lower growth in which the debt
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Is Democratic Left set to make a shock return to Greece's coalition?
PoliticsGreek Politicsbut was never rubber stamped and implemented. The coalition, he said, acted like a one-party government rather than a three-party one. “Given the policy that was followed and our disagreement with it, but also... to a recent speech by leftist leader Alexis Tsipras taking the return to the drachma off the table
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Debt relief or debt restructuring for Greece?
Agorato make eight biannual instalments between 2018 and 2021 instead of having to make a full, one-off.... Against the background of this structural transition in Greece’s sovereign debt profile one has... arrears during 2000-10. One stakeholder affected by this is pharmacists and pharmaceutical companies
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Troika inquiry: talk to the organ grinder, not the monkey
Agorastops” in Europe. Capital turned and fled for home, cutting off liquidity for one periphery country.... Because the one-sided answers that Europe’s dominant powers have given will haunt the eurozone’s... foreign credit. (The one place that doesn’t quite fit this story is Italy, which avoided a credit
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SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
PoliticsGreek Politics. Support for the neofascist party tailed off in the 55-64 age group and particularly among those over 65... one considers that there are roughly 2.6 million pensioners in Greece out of an electorate of 9.9 million, it is clear that retirees are one of the most crucial constituencies of voters. New Democracy
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The IMF crisis and how to solve it
AgoraThe IMF is approaching its 70th birthday and the Greek programme has been a candidate for one... for central banks in the 1990s. Why not the Fund? Europe experienced twin crises, one in economy... for the Fund? First, the Fund broke one of its most essential rules by supporting a programme in Greece from
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Managing an orderly Greek exit from the memorandum
Agorathe current programme or refusing to negotiate a new one? In our view, there are workable alternatives to this position. The IMF itself is offering one of these in the form of a so-called precautionary credit... banking system and public finances until Madrid has paid off 75 percent of the 41 billion euros
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Newsletter 7 - 12/12/2014
will not pay off. However, there is enough doubt about the outcome of the three rounds of voting to preclude... to leave the government with two options. One is to appeal to the deputies in question... for the opposition party to turn down as it would be singled out as the one rejecting compromise
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