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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeto take it past June, it has to overcome its pressing funding needs, with March probably being the biggest hump it has to get over during the next four months. Greece's funding shortage is stretched... was an extraordinary issue on December 19th while the presidential vote was taking place. It has been widely
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Greece and lenders start technical talks as tension between Athens and Berlin rises
PoliticsGreek Politics, the process of getting the talks underway has been far from straightforward, with the Greek side reluctant... and European Central Bank in Athens. In the end, it seems an agreement has been reached... to the Dutch finance minister. The Greek government has been reluctant to enter negotiations which
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgramme, the submission of the income tax declarations for 2015 has not started yet and it remains unclear when... anticipated by the previous government. Since the elections, Finance Minister Yanis Varoufakis has pledged... programme nor in Tsipras’ speech at the party’s congress in early January. This levy has been applied
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Mentioning the war so we don't have to mention the war
Agoraand the military dictatorship – that continue to shape the present. The sense that there has been... coalition also had a committee for the same purpose. In fact, the issue of settling war reparations has... for restitution, then the historical facts show that there has been an unsatisfactory handling
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Greek austerity programme compromising some basic rights, EU Parliament report finds
Society, Justice and Home Affairs (LIBE) has found. The study, entitled “The impact of the crisis... the many problems and negative side-effects caused by what has been a large and rapid fiscal... that in the education, where the state budget for the Education Ministry has fallen from 5.645 billion in 2005
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Tsipras seeks tone of cooperation and persistence at Merkel talks
PoliticsGreek PoliticsAvgi. This comment was a marked departure for Tsipras, whose rhetoric until now has focussed very much on the role that Germany has played during the eurozone crisis. Different approach Tsipras also... much of what has happened over the past five years, he also said the government had to safeguard some
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Greece and its lenders: Where do you start?
Agora, the following anecdote has been told many times and in many ways: A traveller asks a local man for directions... process has unfolded, it has become abundantly clear that the gap separating the two sides is more... the notion of reforms-for-loans and asking for debt relief, Alexis Tsipras’s administration has been
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As hopes of April 24 deal fade, differences between Greece and lenders remain
PoliticsGreek PoliticsThe prospect of an agreement between Greece and its lenders at the April 24 Eurogroup in Riga has... is possible next week, progress in the technical work between the two sides over the last few days has... government. Athens has shown it is willing to be flexible on some issues, such as VAT (Alternate
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Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
PoliticsGreek Politics, such as the fiscal targets Greece has to meet (1.2 to 1.5 percent of GDP primary surplus this year and next...) and the general secretariat for public revenues in order to safeguard their independence, which has been... hikes, which Finance Minister Yanis Varoufakis has labelled “recessionary measures,” has more to do
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Yes to the referendum, no to the way it's being held
AgoraSince the start of Greece’s bailout programs in 2010, there has been an unrequited desire in Greek... and populists has been a deeply damaging experience. Not only has it undermined consecutive governments, it has also prevented a credible opposition from emerging – one that is able to put forward
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