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IMF appointment sends ripples of discontent through SYRIZA
PoliticsGreek Politicsbecome a hot political issue but SYRIZA has continued its tradition of doing things differently... is that this makes her an unsuitable person to represent the country at the IMF and that someone who has... cause has been promoted by Finance Minister Yanis Varoufakis even though she has no connections
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As talks enter final stretch, Tsipras addresses broad, varied audience
PoliticsGreek Politicsaddresses the current negotiations with lenders, arguing that Greece has performed a considerable adjustment over the last few years. Tsipras also claimsthat his government has taken positive steps since coming to power, such as tackling triangular transactions, and has presented a range
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Newsletter 29 - 05/06/2015
. In an effort to cover part of the fiscal gap, the government has proposed to increase... at the moment is that he does not want to alienate the left wing of his party. He has risked... and the SYRIZA-led government has spread to more eurozone capitals. Greece’s negotiations with its
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PASOK prepares to change leader but perhaps not its fortune
PoliticsGreek Politicsagainst them in public opinion. The 40-year-old Konstantinopoulos has been an MP since 2009 but has only... but also because the number of Socialist lawmakers has dwindled (now at just 13), giving greater... suggests something dramatic is needed to revive its fortunes or the Greek centre left has to make
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Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders
PoliticsGreek Politicscontain growth policies means he has not closed the door completely on a potential agreement. The government has already been arguing that the deal it is searching for gives Greece greater security... joined them on Thursday, which is the first time he has positioned himself publicly on the issue
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Newsletter 34 - 10/07/2015
. The government wants another 7.5 billion euros that Greece has paid so far in 2015 for external debt... and 200 million in 2016. The government has also committed to implement the Council of State ruling... sources, local media indicate credit card usage has surged by 50 percent in the last two weeks, mostly
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Greek business feeling the pinch from capital controls
EconomyThe imposition of capital controls a month ago has taken a heavy toll on Greek companies, from... losses in excess of 40 percent. According to market sources, the drop in corporate turnover has..., processes have become lengthier and costlier while in many sectors product distribution has been reduced
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The targets and deadlines in Greece's privatisation programme
EconomyProgrammethat accompanied the third MoU. As a prior action and in order to re-launch the privatization that has stalled in the first half of the year, the government has pledged to adopt the following measures... (only bidder) has signed a contract In November 2014 for a consideration of 915 million. A number
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SYRIZA seen marginally ahead as Tsipras and Meimarakis go head-to-head
PoliticsGreek PoliticsMeimarakis’s relaxed style, which has won admirers over the past few weeks. The conservative leader gave... that SYRIZA has edged ahead of New Democracy over the past few days. The survey shows SYRIZA on 28.5... together by Bloomberg has SYRIZA one percentage point ahead of New Democracy. One explanation for SYRIZA
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If it's debt restructuring you're looking for, Regling's not your man
Agorathe ESM has provided additional loans of 41.3 billion to Spain for its bank recapitalisation purposes, 5.8 billion to Cyprus and has committed financial resources of 86 billion for Greece’s third.... In Greece the ESM has gained a more prominent role in the negotiations and review process, having
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