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Fear and loathing in Athens: an ex-minister's take on troika reviews
PoliticsGreek Politicsof the inspectors’ return, a former minister has cast serious doubt on Greece’s negotiating... and if the government has found a way to settle more than 500 million euros of state debts to the Athens...-Administrative Reform Minister Antonis Manitakis has given insight into how Greece’s relationship
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Greek consumers take effort to lower prices into their own hands
Societyand a reliance on imports. The crisis has, however, prompted somewhat of an awakening among a section... consumer awareness has been relatively low. The store, located in the northeastern Athens suburb... in other shops or supermarkets. The Halandri store has about 300 members, while several other
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Of symmetry and adjustments in the eurozone
Agoraof public finances. Since then, the prevailing narrative has been what I called the “Berlin View”, calling..., forcefully defended by the German government, but also dominant in the EU institutions, has its theoretical... to reduce debt (public and private) and to regain dynamism. The Berlin View has dominated the political
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For Greek families, electricity goes from given to must for survival
SocietyIt is another sign of the way the Greek crisis has evolved over the last few years that for families in a developed country that is part of the eurozone electricity has turned into a much cherished commodity rather than a given. The government has announced its intention to reconnect all households
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Greece takes on EU presidency and some significant challenges with it
PoliticsGreek Politicsand get Greece out of its lengthy recession. For this reason, the Greek presidency has set limited... Samaras has already been advised against this. This, however, does not mean that the Greek presidency... have a better chance of being resolved through EU channels. Samaras has already gone on record about
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Fraud probe at Hellenic Postbank a sign of bigger things to come?
PoliticsGreek PoliticsOne of the common complaints in Greece during recent years has been that Greeks who pocketed money... year, though, there has been some progress in making political, public and business figures accountable... serve as a scapegoat behind which others could hide. This week, however, the judiciary has displayed its
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Greece and troika: Bailout tranche, funding gap and debt relief still pending
PoliticsGreek Politicsto the fact that Greece has entered primary budget surplus territory and does not have any debt... to support the Greek banking system that matures on May 21. Stournaras has suggested it could be rolled over to help with Greece’s financing gap but the troika has reservations about this option
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Where Greek banks stand ahead of capital needs disclosure
Economybill is now seen at 5 billion euros, a figure broadly similar to the one that has been doing... and minimal or even zero for Alpha and Piraeus. Although the date of disclosure by the BoG has... and the ECB. Although it has not stated so publicly, the Greek government is thought to have given up
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To Potami's rise and Golden Dawn's strife shake things up for May vote
PoliticsGreek Politicstoo early to say if To Potami has the potential to carry this kind of support right through..., the surprisingly high ratings Theodorakis’s party has so far received despite the fact its policies..., which has seen at least 15 parties created since the June 2012 national elections, any party able
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Social support in Greece not adequate enough to deal with crisis, says OECD
SocietyA recent OECD study examining the aftermath of the crisis has highlighted the social difficulties... in real wages was the largest in the OECD, but the resulting reduction in labour costs has so far... has nearly doubled since 2012 as many as 1 in 5 Greek working-age adults now live in a household
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