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Cairo Declaration inches Greece closer to hydrocarbons goal
PoliticsGreek Politicsin Greece has fallen on what the pact might mean for Greece’s hopes of demarcating its Exclusive Economic Zone. Cyprus has already marked out its maritime zone after agreements with surrounding countries... for hydrocarbon reserves, as Cyprus is doing currently. The coalition has consistently stressed
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The politics of debt dynamics in Greece
Agorarise in Greece’s debt ratio has been the dramatic fall in nominal GDP, i.e. the euro value... with the troika includes a provision according to which the country’s debt mountain has to be reduced to 124 percent of GDP by 2020. Greece has a moratorium on the interest payments on this debt for 10
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammethe troika’s approval as has happened for the last two years. The fiscal gap for the next year is one... an additional revenue shortfall next year. However, today’s press reports indicate that the troika has lowered... as of October 1, the troika has reportedly also asked for a reduction in the number of installments to 72
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ILO highlights social impact of Greek crisis, proposes change in policy
Societyoutlining the impact that the lengthy recession and adjustment programme has had. In addition, the ILO... as 60 percent of the median equivalent household income. This share has risen from 20.1 percent... (based on the poverty line fixed in 2008) showed that poverty in Greece has more than doubled
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A little more persuasion, a little less reaction
Agorathe eurozone – even though SYRIZA has long abandoned its flirtation with the idea of going back... has used the comments from abroad about the potential dangers ahead or preferences for which side... about the prospect of SYRIZA coming along and breaking up their cosiness, which has been assisted
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Samaras strays out of line in search for new normal
AgoraPrime Minister Antonis Samaras has a habit of defending his government by saying that his aim... at which its GDP is growing or how much foreign direct investment it has received cannot be his only... in another European capital suggest that the Greek leader has no comprehension of the factors that need
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What next Greece?
Agorafor a political showdown, the likes of which the Euro-crisis has not yet seen. A flawed programme fosters... to the inescapable fact that the Troika’s Greek programme has never set out to decisively restore debt... of debt sustainability should incorporate the political context, and there has never been a political
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SYRIZA's only chance
Agorainterests but that does not mean it cannot happen. This is why SYRIZA has only one chance... argument. Greece can only win over European decision makers by making it clear what it has to offer... this support is offering to be bolder on certain reforms than previous governments. SYRIZA’s focus has
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What are Greek coalition's plans for privatisation programme?
Economyleadership has changed three times (in July 2012, August 2013 and August 2014), despite a 3-year tenure... and development of the state-controlled enterprises and real estate property. Tsipras has said in the past... are profitable and do not burden in total the public coffers. SYRIZA has also strongly opposed
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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammeThe government has a series of important milestones το confront on the liquidity front, although Deputy Prime Minister Yiannis Dragasakis has insisted that there is no cause for concern at the moment... systemic Greek banks for precautionary purposes, including National Bank (NBG) which has
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