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Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeof prior actions and agreed milestones. The approval comes after the Greek Parliament narrowly approved... due in mid May. The latter involves 2.7 billion related to a special Greek Government Bond (GGB) issued in May 2009 in exchange for Greek banks’ preference shares granted to the Greek State and 4.2
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammeNewpost ahead of his trip served to outline the Greek government’s position on the pension issue as Athens... in the Greek capital last week. “In our view, the pension cuts are not a structural measure in the sense... arguments that the Greek government is hoping will help convince the institutions to allow the 1
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBankingin bank share prices on Wednesday, there have been reports of efforts to provide the Greek lenders with assistance. The Greek authorities along with Bank of Greece, the Hellenic Financial Stability Fund... entity. Greek lenders faced an extended period of uncertainty that started at the end of 2017 due
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Growing Greece: From narrative to reality
Agoratax cuts towards the well-off. It appears that most Greek voters are content to allow the government... the record low Greek bond yields and the words of encouragement from foreign officials, such as US Trade... reduction of the public sector suggests that this summer there was a greater appetite among Greek voters
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Newsletter 42 - 11/09/2015
The recapitalisation process of Greek banks is among the thorniest and most urgent issues on which the new... by the European Central Bank (ECB) for the first time – that will determine the capital needs of Greek... to The permanent loss from the 40 billion euros pumped into the Greek banking system could reach 30
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Asking Greece to stack more austerity measures ignores past failings
Agoraunorthodox attire or economic views, the Greek economy failed to meet the demanding fiscal targets. No one... expenditure cuts including hospital and defence spending. (Page 63, in Greek) Although it was becoming... billion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became
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Newsletter 343 - 24/06/2022
waits until the end of his four-year term to hold elections, he will not be able to hold off the wear... ruled out working with ultra-nationalist and pro-Russia Greek Solution, led by Kyriakos Velopoulos... already distanced itself from Greek affairs after the second programme, when the debt restructuring
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A leader from nowhere, but to where?
Agora, against around 43 pct for his rival Efi Achtsioglou, a former labour minister. The run-off ballot... victory looks certain to shake up the leftist party and Greek politics, but not necessarily..., there was a risk of its various factions turning on each other or deciding that they would be better off
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Mitsotakis underlines support for MEP Beleri as field for PASOK leadership vote widens
PoliticsGreek Politicsfor Fredi Beleri, the ethnic Greek politician whose imprisonment has been at the heart of an ongoing.... His exit from jail was covered live by some Greek TV stations. Beleri was, controversially, included... Democracy candidate, it was rumoured that he had been approached by ultranationlist Greek Solution
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Is Greece facing a new migration crisis?
Societyon the Greek islands in a single day, and almost twice that many landed daily at the peak... in reception centres managed by the Greek military. These are less troubled by congestion, however many... since 2013, according to the Greek asylum service. This corresponds to an approval rate just over
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