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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicsrejected the other’s proposals for a set of reforms to unlock 7.2 billion euros in bailout funding... to him by European Commission President Jean-Claude Juncker. This led to Juncker rejecting Tsipras’s... by Tsipras’s comments in Parliament. The Greek government, meanwhile, insists that its proposals
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Tsipras gives air of resistance but leaves door ajar for agreement
PoliticsGreek Politics. The meeting of SYRIZA’s parliamentary group should prove a useful measure of where the government stands... Finance Minister Yanis Varoufakis’s claim on Tuesday that he would not take any new proposals to Thursday’s Eurogroup. Following talks with Tsipras on Tuesday morning, To Potami leader Stavros
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Tsipras gears up for internal battle, sets priorities for summer
PoliticsGreek PoliticsFinance Minister Wolfgang Schaeuble’s plan for Grexit, issuing IOUs to pensioners or seizing the Bank of Greece’s cash reserves (a plan attributed to ex-Energy Minister and Left Platform leader... their ideas. He did the exact same thing during last Wednesday’s debate in Parliament ahead of the vote
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Varoufakis and his friendly fire
Agoraare refusing to support him over his agreement with Greece’s lenders, his short-term political survival... a parallel payment system in the government’s first months in power. First of all, let’s establish... to come up with a Plan B that would allow the government to get around Greece’s banks being shut down
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Newsletter 38 - 07/08/2015
the number of card payments per capita, Greece’s figure stood at 6.9, less than one-tenth the EU average...% Greece’s seasonally adjusted unemployment rate fell to 25 percent in May, which is the lowest... percent month-on-month (MoM) in May, while the number of jobless fell by 1.3 percent MoM. May’s
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Opinion polls indicate fragmentation, close election race
PoliticsGreek PoliticsDemocracy 2) SYRIZA’s support has been falling dramatically over the last two months and now stands somewhere between 25 and 28 percent, compared to 36.3 percent in the January vote 3) New Democracy’s... with Democratic Left (DIMAR) but not ex-Prime Minister George Papandreou’s party, is seen clearing the 3
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Tsipras confounds expectations, creates new doubts by reviving coalition
PoliticsGreek PoliticsDefying opinion polls, Alexis Tsipras led his party to a comfortable victory in Sunday’s elections..., which – as we wrote recently – was always Tsipras’s preferred choice. The fluidity... opposition parties. Also, Kammenos delivered all of party’s MPs in crucial votes relating
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Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign Policythe next 15 years were discussed. The main theme in Tsipras’s speech was that debt relief needs... cancelled in 1953. Tsipras knows that Greece’s discussion with the eurozone about debt relief cannot... the next few days, with an appearance at the Clinton Global Initiative’s annual meeting. Tsipras sat
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Newsletter 45 - 02/10/2015
evening. In the coming weeks, the government’s actions will revolve around major tasks related... of 1.3 percent. Our understanding is that this year’s budget targets should also be revisited. Last year’s budget envisaged a general government primary surplus of 5.6 billion (3 percent of GDP
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Newsletter 53 - 27/11/2015
currently stands at 1.2 billion, with the Hellenic Financial Stability Fund’s share at just over... accusations that Sunday’s failure may have been the result of sabotage rather than incompetence... atmosphere within New Democracy, while doing little for the party’s public image. The conservatives
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