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S&P lowers Greek long-term rating by one notch to CCC-
EconomyS&P lowered on Monday Greece’s long-term rating by one notch to ‘CCC-‘ from ‘CCC’ with negative outlook. Greece’s rating by S&P is now the lowest among the rating agencies with Fitch’s rating at ‘CCC’ and Moody’s at ‘Caa2’, which is equivalent to ‘CCC’. Based on the S&P sovereign calendar, the next
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Tsipras forges ahead with referendum as lenders hold back, wait for result
PoliticsGreek PoliticsPrime Minister Alexis Tsipras made it clear on Wednesday that he wants to push ahead with Sunday’s referendum, while Greece’s lenders also insisted that there could be no agreement on a bailout deal... thing that could block it is if the Council of State rules it unconstitutional. Greece’s highest
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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek PoliticsUp to 9.85 million registered voters will cast a ballot in this Sunday’s referendum, which could decide whether Greece’s future lies within the eurozone or not. Polls opened at 7 a.m. and close 12... if an accurate projection will be available then. As this is Greece’s first referendum in more than 40 years
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Tsipras goes to Brussels with opposition's backing, parameters of agreement
PoliticsGreek PoliticsGreece goes into Tuesday’s pivotal Eurogroup and eurozone leaders’ summit with a new finance... and the institutions before the referendum. It is believed that Tsipras and the leaders of Greece’s.... Significantly, the meeting of the premier and five party leaders (from which only Golden Dawn’s Nikos
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Newsletter 34 - 10/07/2015
for SYRIZA’s MPs or too little for Greece’s lenders. to discuss the restructuring of Greek debt after... on the discussions that took place between Athens and the lenders before last Sunday’s referendum. The final... if carry over measures are included. It remains to be seen if these measures are too much for SYRIZA’s
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Tsipras tries to switch focus from measures to need for survival in euro
PoliticsGreek Politicsof the stance taken by the institutions. These are the key points to take away from Tsipras’s...’s ballot but made it clear that there would be a cabinet reshuffle afterwards. This suggests that Tsipras’s first choice will be for his government to continue as a minority administration
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Tsipras looks for traction with elections finely balanced in final stretch
PoliticsGreek Politicsmomentum to SYRIZA’s election campaign on Sunday. Tsipras spoke on Sunday evening at the Thessaloniki International Fair, which is traditionally the setting for the Greek prime minister’s economic... with alternative measures. However, the emphasis of the address was to set out the key point of SYRIZA’s
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Amid fog of confusion, Greeks vote... again
AgoraThe fact that we are entering Sunday’s elections with the result still difficult to predict is a reflection of the failures of Greece’s parties but also the confusion felt by voters who feel sapped... Minister Alekos Flambouraris’s involvement in a construction firm that won a public works contract has only
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Greece fell two places to 60th in Doing Business ranking, World Bank says
EconomyGreece’s position in ‘Ease of doing business’ ranking deteriorated by 2 spots, World Bank 2016.... A DTF score of 0 represents the worst performance and 100 the frontier. Last year’s data and ranking..., which has been revised to 68.30. The ranking was adjusted to 58th place. Greece’s remained in 27th
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Alpha, Eurobank raise 4.6 bln in private capital: Here's exactly what it means
Agora. Overall, the equity raising of 2.56 billion euros fully covered than bank’s capital needs under... the ECB’s Single Supervisory Mechanism (SSM) approved capital mitigating actions totaling 180.... This corresponds to a discount of 34.4 percent on Wednesday’s closing price of 0.061 euros. Following
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