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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicsto overcome in the next few days as it seems that neither side wants to be seen to be backing down. Caustic
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek Politicsin front of Tsipras are an attempt to bring down his government. This speculation has been fuelled
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Tsipras opts for referendum, leaving many issues open
PoliticsGreek Politicsor whether he would accept voters’ decision and step down. There are also doubts about the question
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyin the time deposit rate led the weighted average rate on new deposits down by 2 bps to 1.10 percent
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S&P lowers Greek long-term rating by one notch to CCC-
Economyimports such as fuel. Without Eurosystem funding, Greece payment system would shut down and its banks
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Tsipras forges ahead with referendum as lenders hold back, wait for result
PoliticsGreek Politicsfrom opposition parties for him to step down and its possible that his party would break up under
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammein the aftermath of tight financing conditions. 5) Rebuilding buffers and paying down short-term borrowing
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Final push for "Yes" and "No" campaigns as referendum result hangs in balance
PoliticsGreek Politics. This could mean that he will step down and allow Parliament to try to form a national unity
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Newsletter 33 - 03/07/2015
make creditors look petty and intent on bringing down Tsipras’s government. They might, though, seek... is unlikely to en masse favour being part of a national emergency government. The other possibility
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Tsipras wins referendum but sceptical lenders, limited time stand in way of deal
PoliticsGreek PoliticsDora Bakoyannis reportedly called on party leader Antonis Samaras to stand down and offered
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