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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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Neither necessary, nor good
Agorawith the Independent Greeks (ANEL), a party that has espoused populist, nationalist, racist and conspiracy-theorist... pliable. However, being in government with ANEL is not the straightforward, guilt-free politics that Tsipras imagines. In political terms, he is dining with the devil. His first alliance with ANEL
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Newsletter 149 -2/02/2018
also put the coalition on tenterhooks. SYRIZA’s partner, Independent Greeks (ANEL), is backing... about a possible rift in the coalition after chairing a meeting of the Independent Greeks (ANEL...-ANEL partnership falling apart at this stage. The pull of the completion of the third programme
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Tsipras and Kammenos try to fend off rumours of deepening rift
PoliticsGreek Politicsbetween SYRIZA and Independent Greeks (ANEL) over the last few weeks. This has been triggered... speculation about whether the SYRIZA-ANEL partnership has run its course, given that Kammenos said his... and ANEL have also taken different positions following the furore caused by Ivan Savidis’s foray onto
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Kammenos walks out on coalition, triggers confidence vote that will affect timing of elections
PoliticsGreek PoliticsThe leader of junior coalition partner Independent Greeks (ANEL), Panos Kammenos, announced... and wants all ANEL’s ministers to do the same. As a consequence, Tsipras said that he would call... three of the seven members of ANEL’s parliamentary group are certain to vote against the government
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Clearer picture ahead of confidence vote but Tsipras not secure yet
PoliticsGreek PoliticsElena Kountoura, an MP with departing coalition partner Independent Greeks (ANEL). Kountoura’s announcement led to ANEL leader and departed defence minister Panos Kammenos ousting her from his party. He took the same action with another ANEL lawmaker, Deputy Agricultural Development Minister Vassilis
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Tsipras seen clinching 151 votes as doubts surface about name deal
PoliticsGreek PoliticsKammenos and his Independent Greeks (ANEL) party from the coalition means that barring any last-minute... on Monday, three ANEL MPs (Elena Kountoura, Vassilis Kokkalis and Thanassis Papachristopoulos) had... of confidence. Kostas Zouraris of ANEL is also expected to support the government. Given that Deputy
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Stress mounts ahead of ECB's tests on Greek banks
Economy.” The ECB President Mario Draghi, the European Banking Authority (EBA) Chairperson Andrea Enria... said Barnier and Enria agreed with Hardouvelis but Draghi disagreed. Following Draghi’s negative
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ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
EconomyThe European Central Bank (ECB) President Mario Draghi confirmed in a press conference on Thursday...”, Draghi said the ECB decided that countries such as Greece and Cyprus with a credit rating below... be able to participate in ECB purchases at beginning of 2015 if the early exit takes place. Draghi said
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What higher ECB haircuts on collateral could mean for Greek banks' liquidity
Economyconference, ECB President Mario Draghi emphasised that the governing council may have to review.... Draghi stressed that the higher Greek government bond (GGB) yields and volatility warrant a review... the ELA mechanism is more than 30 billion. Draghi repeated on Friday that ELA is available for Greek
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