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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
Economy. The ‘B’ rating by Fitch was initially assigned on May 23, 2014. Greece also has a ‘B’ rating from S&P... to collapse. Alternatively, Fitch argues that the initial formation of a coalition may prove impossible... is on May 15. S&P and Moody’s have indicated they will release their updated reviews on Greece
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Newsletter 13 - 30/01/2015
extended time deposit outflows of 6.2 billion, which is the highest reading since May 2012, when... the impression that the unlikely partners are all too willing bedfellows. They may talk different political... citizens in Greece are asking them. The legacy of these early days after the electoral victory may
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Another euro stitch unpicked
Agoramay appear puzzling at first, but in fact it reveals the uneasiness of the ECB in its hybrid and ill... partners,” said the ministry in a statement released early on Thursday. While this may appear like... in the mind of most Greeks. The keener observers may also remember the central bank putting pressure
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsa bridging agreement until the end of May or June, the Finance Ministry has proposed a second scenario... such as securitisations and covered bonds that are not ECB-eligible. It may be the case... loans. This request may also be tabled at Wednesday’s Eurogroup.
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What we've got here is a failure to communicate
Agoraand the possible agreement of a “new contract” by the end of May. The details of how this could be achieved... unclear. The SYRIZA-led government may yet be forced to make an about-face (or kolotoumba as it is known..., was tremendously inconsistent. This may come with a heavy price because much of the goodwill evident within
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You've heard the Greek crisis myths, now here are some truths
Agorain Greece from May 2010 have fathers of many nationalities, including Greek. The opening up of Greece’s... the first Greek programme was agreed in May 2010, most of the time was spent by European leaders... in May. Then, it was told to wait until after the completion of the troika review that began last
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Tsipras to meet Merkel amid search for political backing
PoliticsGreek Politicsfor implementing some of the less contentious reforms being demanded by lenders. This may be one... was fake, although it appears he may have meant the footage had been taken out of context. Earlier... that Varoufakis was being shut out of government talks and may have been on the way to being replaced.
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Sowing the seeds of anomie in Greece
AgoraIn his opening speech to Labour MPs after the party’s historic election win in May 1997, Tony Blair... been sacked from the civil service or placed in a labour reserve since being elected as an MEP in May... position. While no laws may have been broken, questions abound regarding whether the government
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Tsipras hopes for 'spring' with Russia but brighter days not certain
PoliticsForeign Policyis currently facing. b) Turkey may see Russia as a partner at the moment, taking advantage of the crisis... confident about how beneficial this may be. While no member of the government admits to it publicly... financially in such a case. The only tangible result that Tsipras may be able to bring back from Moscow
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Gov't sees reform multi-bill as path to funding but resistance abounds
PoliticsGreek Politicsamid serious concern about whether it can meet its IMF payment of more than 700 million euros on May... party. According to reports, Tsipras warned MPs and party members that his government may have to cross... of the tax-free threshold for incomes. In this respect, the multi-bill may be a useful tool in convincing
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