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PM and ministers go on the road as constitutional revision vote fails to yield consensus
PoliticsGreek Politicsand 161 votes - ND’s 156 MPs plus support from far‑right independents, including former Spartiates and former Greek Solution MPs. This alignment with the far right was one of the most striking features of the vote. Seventeen of the 33 proposals exceeded 160 votes thanks to far‑right support
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Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking
EconomyGreece’s position in the “Ease of Doing Business” ranking deteriorated by 3 spots, the World Bank’s...-income countries, according to the World Bank. The report showed that Greece’s ranking deteriorated... decline was recorded in Starting a Business, where its ranking fell by seven places to 56th, followed
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Parties on edge as Golden Dawn case has potential to go either way
PoliticsGreek Politicsthe clampdown on the far right party. Noticeably, leftist opposition SYRIZA also had a low key reaction... hands. So far, the revelations about the party’s alleged activities have dented its popularity... for supporters abandoning Golden Dawn to back New Democracy instead. Of the voters who left the far right
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Resignation of PM's aide poses grave questions for coalition, institutions
PoliticsGreek Politicsthe investigation into Golden Dawn. He also claims that Samaras thought that the crackdown on the far right party... developments could lead to Samaras and his inner circle coming under greater scrutiny. So far, the New... and Baltakos talking indicates both men are at ease with the idea of a judicial investigation being far
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EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target
Economyrefunds so far in 2014 exceed their target by 356 million. As a result, net revenues to March slipped... so far in 2014. In an interview with Bloomberg, Haris Theoharis Secretary General for Public Revenue... shortfall and meet its full-year target”. Commenting on the 2.3 billion of unpaid taxes so far in 2014
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Golden Dawn rears its head in local polls, prompting rethink from main parties
PoliticsGreek Politicshopeful took almost 9 percent. The far right party also received about 9 percent in Central Greece... the tactic of trying to appeal to the far right party’s supporters by adopting a hardline approach... not be forgotten that in the last 90 years Greece has had two far-right dictatorships, a civil war
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As SYRIZA looks towards centre, will New Democracy turn to its right?
PoliticsGreek Politicsthat there is not much more support for SYRIZA to draw from the far left. Anti-capitalist ANTARSYA and pro... the governing party. Far right This will not be enough for New Democracy, though. It will have to address the rise of the far right. Neofascist Golden Dawn and ultranationalist LAOS improved
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Deposits rise for third straight month in May, reaching 162.1 bln
EconomyMacroeconomyand corporates. The breakdown of the 1.28 billion euros in outflows posted so far in 2014 largely... of the five months so far this year on continued erosion of households’ disposable income. That said... outflows so far in 2014, their Eurosystem reliance has substantially dropped by 22.25 billion euros
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Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
EconomyBankingin a slightly lower share at 66.93 percent. The outcome of the warrants’ exercise remains rather poor so far... far with HFSF proceeds at 302 million. For Piraeus, the figures are significantly lower at just 0.7... are fully exercised. Nevertheless, the amount of 346 million euros received so far corresponds
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What would a clean bailout exit for Greece mean in numbers?
Agoraalone. The servicing costs are an estimated 1.6 billion euros, by far the heaviest part of Greece’s... With approximately 145 billion euros in loans, the ESM is by far the largest creditor of Greece, holding 43... at the end of this year, the economic aspects of such a decision make it far from a cut and dried issue
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