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Discontent in SYRIZA simmers as Tsipras seeks to conclude talks with creditors
PoliticsGreek Politicsto the approach taken by the government. The movement of the 53, which has had a key role in SYRIZA.... The 53, which has 11 MPs as members and counts Finance Minister Euclid Tsakalotos as the most... procedure. However, the government has also admitted that these draft laws could change in order
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Asking Greece to stack more austerity measures ignores past failings
Agora. There are myriad indications that the troika-led fiscal policy mix in Greece has had an element of futility... in the volume of 3.5 percent of GDP when it has implemented since 2010 a combination of tax increases and spending cuts that exceed 30 percent of GDP just to bring the books in balance. The IMF itself has
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Parliament's budget office highlights economic challenges beyond bailout
EconomyMacroeconomyrepercussions for a number of reasons. It will signal that the government has clarified its decision... of the draft bill. The PBO stresses that growth has not been among the key government priorities so far... that Greeks’ ability to pay taxes has been exhausted, while the state has accumulated a large number
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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek Politicsdramatic call to European Council president Donald Tusk, is an indication that Athens has not given... to reach a deal. It also served to add to the drama of the situation, which has been heightened... of unrest within SYRIZA. This has pushed up the levels of anxiety within Greece about the possibility
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EU highlights Greek border concerns but Athens concerned about Aegean
PoliticsGreek Politics“serious deficiencies” in the control of its borders. Athens has not yet been able to fully deploy... are also conducting separate exercises in the central Aegean and there has been heightened activity... there has been progress in the effort to liberalise visas for Turks. As this is a key element
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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politicspercent of GDP has virtually been agreed. The framework for the sale of non-performing loans (NPLs) also... to swallow as it has pledged not to target salaries or pensions further, especially after making 1.8.... Nevertheless, the government appears to feel it has a deal that it can convince MPs, members
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Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign PolicyForeign Minister Nikos Kotzias' decision to visit Vienna this week has been viewed as a goodwill... that much of any tension has been defused, and the great friendship of our peoples is being reaffirmed... that his warning about the refugee crisis a year ago has been justified. Kotzias said that he had
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NPL resolution in Italy and Greece
Agorain southern and southeastern Europe, has been a constant challenge for policymakers in recent years... has been centred on a public-private partnership involving commercial banks and the treasury... predecessors, the Tsipras government has been obliged by Greece’s official creditors to address
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Linking of ex-PM with centre-left role highlights inertia, not momentum
PoliticsGreek Politicsthe last few years, Simitis has maintained a supportive but not active role and has never given.... PASOK and Potami launched earlier this year a joint committee that has the task of trying to forge a platform for cooperation between the two parties based on common policies. However, the panel has made
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Greece passes bailout-related amendments, hopes for loan disbursal in days
PoliticsGreek Politicsfrom the data that will be used to calculate whether the fiscal brake has to be activated... approval from their national parliaments will have to get the green light. Once this has been done.... No such law has been passed so far. European Commission spokesman Margaritis Schinas was asked about
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