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Cyprus in 2014: Looking ahead
Agoraon six major issues to support the negotiator in the upcoming negotiations. The ruling system in Cyprus... European protestations to the contrary. The Cyprus financial system is still in the emergency room... for the new, hugely systemic, Bank of Cyprus. The financial system cannot recover in Cyprus unless the ECB
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Europe missed an opportunity on banking union
Agoraand a system providing for common guarantees of deposits up to 100,000 euros. However, German Chancellor... that the results of these tests will be reliable. Resolving the eurozone banking system by recognising losses... markets, rely heavily on banks for financing. If the banking system is not put in order
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The institutional weakness poisoning Greek politics
Agorafound an easy way of getting around the system. After declaring his interest in the offshore firm... between 1974 and 2012. The review was launched as part of the political system’s effort to convince... in the process is to refer the case back to the judicial system. Greeks who are looking for a sense
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Newsletter 52 - 20/11/2015
the latest overhaul of the pension system, and trying to do so with such a slim majority will prove... pension system. Citing labour ministry sources, local media indicate that the government... of wise men” established by the labour ministry concluded that the pension system is complicated
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Pension overhaul poses political challenge despite avoiding immediate cuts
PoliticsGreek Politicssecurity system that they were largely responsible for constructing. During the September election... security contributions and would prefer the pension system to be funded by privatisations. New Democracy... is unpopular with businesses but is also seen as a way of shifting the burden for the pension system’s
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Newsletter 61 - 05/02/2016
amounts for new pensioners. The issue of pension system sustainability was raised Thursday's general... that “if the pension system cannot be as significantly and substantially reformed as needed, we could need more... system is not currently sustainable since the budget pays each year around 10 percent of GDP
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Newsletter 78 - 17/06/2016
, the Labour Ministry’s Ergani information system showed net hirings in the private sector reached... the summer Government eyes changes to electoral system and constitution The conclusion of the first review... changing Greece’s electoral system and reviewing the country’s constitution is heating up
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IMF's role in Greek bailout remains in doubt
EconomyProgrammeof GDP per annum, while the Greek pension system deficit stands at 10-11 percent of GDP. On income tax... urgently needs a better social system to target the most vulnerable coupled with a compensation system for the unemployed. He also stressed that a good welfare system can only be constructed if the pension
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Legislative developments on restructuring and liberalisation of Greek electricity market
Legaldemands of the country’s electricity system as resulting from, inter alia, the increased deployment... interconnected electricity system for the provision of so-called 'flexibility services' to the Greek electricity Transmission System Operator (TSO). In particular, on instruction from the TSO
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OECD outlines five priorities for Greek reform agenda in 2017
Economytransmission system operator (ADMIE) from Public Power Corporation (PPC), the OECD recommends further... of focus for the OECD is the judiciary system, where it suggests reduction in delays and back-loading... courts. On the enhancement of efficiency and fairness of the tax system, OECD notes
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