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First round of local elections leave Greek politics finely balanced
PoliticsGreek Politicsthat Greek politics is heading in. SYRIZA’s pulled off surprising results in Athens but made little impact in the rest of the country. New Democracy found itself lagging in the country’s main... held off conservative hopeful Yiannis Ioannidis. In Piraeus, another key municipality, New
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Public deficit and democratic duty
Agorathat is polished off and tossed to the public from time to time. This time it is claims of an unpublished.... By May 2010, Greece had a financing gap of 35 billion euros for the rest of the year, so it is difficult... rates, staving off a financial assistance program. Lastly, to put the blame for Greece’s 2009 deficit
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How many NPLs in the Greek banking sector are also non-recoverable loans ?
Agoradown, or even worse, having to write off Greek banks’ investments in their troubled loan portfolio is a high-risk strategy. Any write-off would severely impact on domestic lenders’ quarterly profit outlook for the rest of 2014 and in 2015. But this is an issue worth addressing and requiring further
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Newsletter 17 - 27/02/2015
that would pave the way for the recovery to take off and gain traction. These include completing... dual significance. Firstly, because Schaeuble sets the tone for the rest of the Eurogroup... the Commission, the Eurogroup and the ECB signed off relatively easily on the reform package proposed
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Newsletter 22 - 03/04/2015
, of which 450 million involves an IMF payment on April 9 and the rest interest payments. On top..., 555.6 million relates to the one-off presubscription fee the HFSF received from Greek banks in 2012... that they want to sign off on measures that have tangible results. A pledge, for instance
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In Erdogan's shadow
Agora, the Greek premier held off from approaching the now-omnipotent Turkish leader during recent months... to the Greek islands alone this year means that Athens, like the rest of the EU, needs Turkish cooperation..., deadly crisis but if Tsipras wants to highlight this he is better off doing it from a position
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Newsletter 71 - 22/04/2016
the corresponding ECB funding with cash. This would also lead to a one-off trading gain of 500–600..., while the rest of its peers focus on the challenges that will define the years ahead of us, Greece..., their sheen will somehow rub off on him. For a leftist leader who is implementing economic
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Newsletter 85 - 05/08/2016
exposure and poor profitability. No rest for the government Refugee crisis reemerges as a dominant theme... deficit data in 2009, which made it clear that the country’s public finances were off track.... The budget deficit was already way off track at 14.4 billion euros, with spending ahead
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesoil to Greece before sanctions cut that line off. A similar event affecting any of the country’s..., the sector also attracts healthy investment (2.7 billion euros in 2009- 2012) at a time when the rest... obvious why Greece needs to wean itself off its export portfolio being led by refined oil products
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What Dijsselbloem didn't say
Agorawith strict conditionality. Although this staved off disorderly defaults and the pain they would bring... the rest of the eurozone put up the firewall, Spain, Cyprus, Portugal and Greece felt the heat of shuttered..., which feeds off misconceptions, falsehoods and ignorance. At the very least, it would be something we
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