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  1. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    exacerbated the debt dynamics. The rates that were so punishing they pushed the budget’s interest payments... not to be given the opportunity to redirect budget resources and allocate any spare fiscal capacity to restore

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  2. Samaras, Venizelos opt for earlier presidential vote in high-risk strategy to save coalition
    By MacroPolis

    PoliticsGreek Politics

    candidate. During Sunday’s budget debate Tsipras said that any lawmakers who voted against the 2015 budget but would then consider prolonging the government’s time in office should be under suspicion... nominee. It is highly unlikely that there will be an en masse move of these MPs to the government’s

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  3. The one question SYRIZA needs to answer
    Photo by MacroPolis

    Agora

    on the 2015 budget, interest payments during this period will reach 2.2 billion euros by March, 3.4... or cut spending in 2015, even if the budget execution is not impacted by the uncertainty

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  4. Where does SYRIZA stand on debt?
    Photo by MacroPolis

    Economy

    and not by the budget surplus. b) A grace period (moratorium) for debt servicing with the resulting cost... Budget (PIB) from the restrictions of the Growth and Stability Pact for a certain, unspecified, period

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  5. What is SYRIZA's stance on negotiations with the eurozone?
    Photo by MacroPolis

    EconomyProgramme

    Investment Budget (PIB) to be excluded from the restrictions of the Growth and Stability Pact for a certain period and consequently from budget balance calculations. However, apart from its strong

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  6. Why is Europe worrying about SYRIZA?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    achieved a balanced budget one year ahead of forecasts, when Europe would benefit from a recovery... of strength. Its primary budget surplus (a proof, if needed, that contrary to widespread beliefs

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  7. The demand for Greek debt relief: Is the cart being put before the horse?

    Agora

    budget surplus (before debt servicing) in 2013 (earlier than predicted) and in 2014, albeit at a lower... is the development of budget revenues used to calculate the volume of the primary surplus for the past

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  8. In effort to reach new deal, Greek government cannot ignore liquidity constraints
    Photo by MacroPolis

    EconomyProgramme

    Finance Minister Yanis Varoufakis, also directly linked to the state liquidity, is the budget execution... to the 2015 budget, revenues (excl tax refunds) for January were estimated at 4.8 billion euros, while

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  9. Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015

    Economy

    in the budget adopted for 2015”. Greek debt-to-GDP ratio of 176.3 percent in 2014 is expected to markedly... in the beginning of the year reflecting uncertainty on the implementation of the budget measures

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  10. Newsletter 19 - 13/03/2015

    Newsletters

    by 1.8 points from 27.8 percent in Q4 2013. Primary surplus close to target Greece’s budget primary... million euros, a Public Investment Budget balance surplus of 206 million and an 11.1 percent increase

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