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Honey, I shrunk the Greeks vol. 2
Agoraquota, a certain set of criteria need to be satisfied before any fund resources are committed... to be part of a programme of 110 billion euros, with its contribution set at 30 billion euros, which... claims, you end up with a “subordination risk” where private money is seen as being inferior
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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Our cruel summer
Agoraferry as it was about to set sail from Piraeus to Crete. CCTV footage shows he was confronted by several...” or “Pakistani” to be used liberally as a catch-all description for anyone deemed to be inferior or dispensable
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Is Democratic Left set to make a shock return to Greece's coalition?
PoliticsGreek PoliticsWhen Democratic Left quit the coalition government in June, the possibility of the small centre-left party bridging its differences with New Democracy and PASOK seemed impossible. Suddenly, though, some kind of reconciliation – a return to the governmen...
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomyGreece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...
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Long-term jobless rate of 71 pct poses new set of social challenges for Greece
SocietyThere was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
EconomyGreek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...
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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
EconomyIn its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s compreh...
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First Greek presidential vote to set tempo for final ballot on Dec 29
PoliticsGreek PoliticsThe first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new head of state by the final vote on December 29. The go...
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