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EU Task Force sees improvements in Greece, tends to damaged ties
PoliticsGreek PoliticsThe European Union Task Force for Greece noted on Tuesday “striking improvements” in the country’s... tested Greece’s relationship with some of its eurozone partners and the European Union as a whole... level, a substantial amount of effort has been made to strengthen Greece’s relationship with the EU
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Greece poised to build on investor sentiment with return to bond markets
EconomyThe Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence about the country’s economic prospects and buoyed enough to consider an imminent return to bond markets... on Wednesday Stournaras said Greece’s first post-crisis bond issue would be on a “trial and error basis.” He
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Tension builds in Greek coalition and with SYRIZA as elections near
PoliticsGreek PoliticsTension is building on Greece’s political scene as the local and European Parliament elections... votes. As a result, PASOK leader Evangelos Venizelos was angered by New Democracy’s plans to unveil.... PASOK especially is under pressure to step out from New Democracy’s shadow. Its former leader and ex
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Golden Dawn rears its head in local polls, prompting rethink from main parties
PoliticsGreek Politicsto Greece’s political system has not disappeared and it has forced the mainstream parties to come up... the leading candidate in a handful of polling centres in the regional vote. In Thessaloniki, Golden Dawn’s... received in the June 2012 parliamentary elections. In the region of Central Macedonia, the party’s
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Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomyAs previously rumoured, Fitch upgraded on Friday Greece’s rating by one notch to ‘B’ from ‘B... sovereign rating upgrade in 2014 and comes after Moody’s postponed a rating action on April 4. S&P affirmed its rating for Greek sovereign debt on March 21. Fitch’s previous rating action on Greece
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PASOK's future hangs in balance as Greece prepares for EU vote
PoliticsGreek PoliticsThere are a number of factors to look out for in Sunday’s elections in Greece but perhaps the most... and Evangelos Venizelos’s days as party leader numbered. PASOK is running as part of the Elia... 3, DIMAR 2.5 — MacroPolis (@MacroPolis_gr) May 23, 2014 If the alliance’s share of the vote
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How Greek banks moved into a new era
Agoraof the sector’s assets. The second phase was marked by the first round of recapitalisation. Alpha, National...’s capital needs of 5.84 billion were fully covered by the HFSF. At the end of that phase, HFSF..., allowing it to potentially be used to reduce public debt or cover the government’s funding needs
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek PoliticsThe naming of economist Gikas Hardouvelis as Greece’s new finance minister took most observers by surprise but the big challenges awaiting him are no secret. Hardouvelis’s appointment caught many off...’s next tax chief to apply for the job. Hardouvelis comes with considerable experience in an advisory
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The institutional weakness poisoning Greek politics
Agorain an origin of wealth form (known as pothen esches in Greek). This document was meant to be the public’s... are published online each year but in reality they are just a catalogue of each member’s assets rather than... companies. In 2010 this ban stretched to the MP’s relatives as well. According to reports, Karatzaferis
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Waiting for Godot in Greece
Agorathe timetable for the troika’s return is getting ever more condensed, the outcome of its regular... issues that will remain on the negotiating agenda – for example, Greece’s debt dynamics... however, is the constant increase in the yield for Greece’s three- and five-year bonds. In particular
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