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From London to Paris, no happy returns for Greece
Agorato Athens. Equally, members of Greece’s largest opposition party SYRIZA took to the runway and boarded... to be defined when the European part of the Memorandum expires at year’s end. Memorandum exit... itinerary of SYRIZA’s visit to London’s financial district. But the rationale for this sojourn
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Opposition parties' stance on president provides gov't with little hope so far
PoliticsGreek Politicsthe chances of him being elected slimmer. “Members decided unanimously on voting against the government’s... in a statement after a meeting of its executive committee and parliamentary group. The party’s position seems to leave little room for manoeuvre in the coming days. The government’s aim of garnering 180 votes
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Papandreou's bid for new role in Greek politics far from simple task
PoliticsGreek Politicsinto the position of kingmaker. While it is possible that Papandreou’s party could attract some PASOK... of support. As a result, while Papandreou’s party could have an impact on SYRIZA’s gap over New... ton Syntakton daily on December 17 put support for Papandreou’s party at just 0.5 percent. A poll
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New Democracy broadens attack on SYRIZA to include migration, national issues
PoliticsForeign PolicyAfter spending the first few days of this briefest of elections campaigns focussing on SYRIZA’s possible threat to Greece’s position in the euro, New Democracy now appears to be broadening the agenda of issues it is using to try to eat away at the leftists party’s lead. This change in approach
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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
EconomyIn its scheduled sovereign rating review, Fitch revised on Friday evening Greece’s outlook..., but with a stable outlook, while Moody’s rating of ‘Caa1’ stands two notches lower than those of the other two rating agencies. Fitch notes that political uncertainty has increased Greece’s risks
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What next Greece?
AgoraIt is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza... to the inescapable fact that the Troika’s Greek programme has never set out to decisively restore debt... constituency to support the austerity required to deliver the Troika’s baseline. Each IMF review
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S&P puts Greece on watch for downgrade after sizing up new coalition
EconomyFollowing Moody’s report on Monday noting that Greek elections’ outcome is credit negative, S&P placed on Wednesday Greece’s ‘B’ sovereign credit rating on CreditWatch with negative implications. This action reflects S&P's view that some of the economic and budgetary policies advocated by the new
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammeApart from Greece’s funding needs and the means by which they will be covered until... reflects a Public Investment Budget (PIB) deficit of 930 million euros. Property tax One of SYRIZA’s... programme nor in Tsipras’ speech at the party’s congress in early January. This levy has been applied
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Tsipras to meet Merkel amid search for political backing
PoliticsGreek Politicsin Berlin was arranged at Merkel’s suggestion and will take place in the wake of a European Union leaders’ summit in Brussels, where Tsipras had suggested he would seek political support for Greece’s... in 2012 but the country’s lenders argue that at the time the coalition was fully committed
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Sowing the seeds of anomie in Greece
AgoraIn his opening speech to Labour MPs after the party’s historic election win in May 1997, Tony Blair implored the party’s lawmakers to be “whiter than white, purer than pure”. Unfortunately, it didn’t... was a major donor to the party. It was the first of several scandals that plagued Blair’s time in office
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