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Who benefits from Greece’s return to the markets?
Agorathat Pakistan returned to debt markets after an absence of more than seven years, the first Greek bond.... More than 85 percent of those pension funds, private equity firms, asset managers and hedge funds...-term than increasing sovereign debt finance. After the issuance of the five-year bond and the offered
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Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politicsto lead New Democracy in the opinion polls. The Metron Analysis survey put the leftists on 23 percent... retirement payment for 1.26 million pensioners that receive less than 700 euros per month and reducing... should not make up more than a third of customers’ income. Tsipras pledged to scrap the contentious
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Run this way: The recurring pattern of Greek leaders
AgoraMPs. With anxiety about the March presidential elections running high, Samaras sought to put his... attends plenary sessions) rather than have coffee with them. Are Parliament and the country's banks... Tsipras of hiding more than half of the 27 billion euros it would cost to implement the measures he
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Pressing economic tasks mounting up for next Greek government
EconomyProgrammebillion in March. In previous transactions like this, foreign investors purchased more than half... sources note that withdrawals so far are manageable and much lower than those before the June 2012... the downward trend evident in December, when revenues fell by more than 17 percent. If budget revenues
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Golden Dawn trial begins against complex political backdrop
PoliticsGreek PoliticsMore than 18 months after rapper Pavlos Fyssas was murdered by Golden Dawn member Giorgos Roupakias... compiling a case file of more than 30,000 pages. The complexity of the trial means that it is expected to last for more than a year, possibly as long as two years. Apart from delivering justice
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Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomyin the months prior to June 2012 elections, this time the lack of competition does not put any pressure... mid-2013 when the last round of Greek bank consolidation took place. Back in 2012, there were more than... rates remain 300-400 bps higher than euro area average figures. In the household segment, the most
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Election Watch: What are Greeks voting for?
Agorato a dusting off of the Lagarde list of Greeks with deposits in Switzerland and plans to put... that it is a more reliable option than the flitty SYRIZA that took Greece to the edge of a euro exit... represent the country’s future, rather than its past. Then there are the defectors who formed Popular
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Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign PolicyGreek Prime Minister Alexis Tsipras chose to put the issue of debt relief front and centre when he... rather than debt relief or attracting investment. Refugee crisis Tsipras mentioned the refugee crisis... by the fact that, according to IOM, less than 34,500 thousand people arrived in Greece by sea during
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Greece most socially unjust country in EU, study finds
Societyaverage of 5.47. This put it ahead of Spain (3.94), Hungary (3.67), Romania (2.76) and Bulgaria (2.4... material deprivation for children and youth in Greece, more than double the 2009 figure of 9.7 percent... deprivation has more than doubled from 9.7 percent in 2007 to today’s 23.8 percent.” While Greece ranks
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EU-Turkey refugee agreement: A life saver or a dud?
Agorarather than help them float. In some ways, the agreement the European Union made with Turkey in Brussels... if Ankara keeps up its end of the bargain and stems the flow of people, which has put such a strain... of a cash boost to provide better conditions for more than 2.2 million refugees in Turkey may prove
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