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From MoU exit to Grexit: Where next for Greece?
Agoraensuring Greece’s participation in the European Central Bank's quantitative easing (QE) programme... the end of January, it became apparent that – in the absence of any concessions from Greece’s lenders on fiscal targets beyond 2018 – securing the International Monetary Fund’s participation would require
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EU and Gazprom: A legal compromise that will shape Europe's natural gas landscape?
Legalof Objections to Gazprom, exposing the latter’s violations of EU antitrust rules within the Central... such restrictions it is offered more leeway to impose higher charges. In response to the Commission’s... Union), once those commitments become legally binding, upon the Commission’s decision, a fine of up
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Poll spells worse trouble for PM than concerns of party turmoil
PoliticsGreek PoliticsAfter the decision by some members of SYRIZA’s central committee to voice their objections on Sunday to the deal with the Greece’s lenders, focus is turning to the party’s parliamentary group... of the outline agreement reached at Friday’s Eurogroup. The group also suggested that elections
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Court ruling on pension cuts more political problem than legal obstacle for govt
PoliticsGreek Politicsthe measures that Greek MPs need to approve. Reports started emerging on Tuesday night that the court’s plenary... being ignored. One of the reasons that the reports of the Council of Audit’s ruling has caused confusion is that no judgement has yet been published. The government’s view is that any ruling
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Tsipras upbeat on debt relief prospects, lenders more cautious
PoliticsGreek Politicson debt relief will be secured at Monday’s Eurogroup, although this was not backed up by officials... emerging from Greece’s creditors is positive and that there are strong prospects for an agreement on May...’s optimism is also not in line with the comments emerging from Brussels. A senior eurozone official
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Newsletter 119 - 19/05/2017
taken a toll on his government’s ratings. He will want to quickly turn his attention to more... Thursday night’s vote, Tsipras said that the “ball The deeply unpopular measures have already impacted SYRIZA’s ratings. is now in the lenders’ court” after his government lived up to its pledges
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek PoliticsMinistry in the early part of the day, Tsipras said that the government’s target is to return... that Athens may be willing to agree to the compromise that emerged at Monday’s Eurogroup, which entailed... without any kind of deal, speculation about default and Grexit will abound. It is not in Tsipras’s
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Eurogroup doesn't end in tie for Tsipras
AgoraDid Greece get what it wanted out of Thursday’s meeting of eurozone finance ministers... to the International Monetary Fund’s demands for a clear agreement on significant debt relief, while.... The Fund’s public position until then had been that if Greece agreed on the policy reforms the IMF
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Judicial system becomes key battleground for political parties
PoliticsGreek PoliticsThe growing tension between the government and the country’s judiciary has moved up a level... the justice system’s independence and likening the situation to Poland and Turkey, Council of State... as the message coming from Greece’s lenders has been encouraging and there have been some signs
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Tsipras eyes expansionary measures in 2019 as he starts building post-MoU narrative
PoliticsGreek Politicsin an apparent attempt to build on Tuesday’s bond issue and make one last attempt to win back some support... to this week’s market return. “We have to be measured in our response,” he said of the five-year... the markets at a rate that will be reasonable.” This rather temperate approach, for Tsipras’s
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