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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek Politicsappointment was by far the most notable. There was no change at 10 of the 19 ministries and apart... 2012. His far-right background kept him out of the two previous coalition cabinets. His appointment
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Political tremors shake Spain, overshadow economic progress
Agorathat untiringly but ineffectively tries to attract more disappointed voters consist of the far-left party United..., it seems there is not such a broad leeway to defer reforms: far from fulfilling deficit target
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Moody's upgrades Greek rating by two notches to Caa1 - here's why
Economypercent respectively. Although Greece’s ambitious structural reform agenda has had mixed results so far... adjustments that have by far outstripped adjustments in the other euro-area peripheral countries
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New Democracy risks losing moderates with move for right-wing alliance
PoliticsGreek PoliticsNew Democracy’s attempt to form a broad right-wing alliance designed to prevent SYRIZA winning the next elections has had a mixed response so far but the most important reaction could yet be the one... hope of the government pursuing a reformist agenda. So far, the leader of the ultranationalist
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Friction over property tax exposes cracks in Greek coalition's strategy
PoliticsGreek Politicshad not gone far enough in correct ENFIA’s initial errors and easing the burden on a range... spokesman, Adonis Georgiadis, went as far as suggesting that Finance Minister Gikas Hardouvelis
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Credit in Greece contracts by 3.5 pct in August
EconomyMacroeconomyin August, which is the second lowest reading so far this year. In July, net deductions stood at 1.16.... The August figure is the third lowest reading so far this year. Housing loan balances declined 3 percent
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Election drums beating louder in Greece
PoliticsGreek PoliticsThe possibility of snap general elections being called is never far away in Greece: After all, the country has not had elections at the end of a full term since June 1989. Over the last few months... nomination. In fact, he went as far as suggesting that early elections might not be a bad thing
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‘We’re dying to pay our taxes’
Agora, but are far fewer and much smaller than anything seen in 2010, 2011 or 2012. Much of that anger against.... While the tax-collection system has become vastly more efficient, far less attention has been
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomythe highest unemployment rate at 27 percent each. On the flipside, the Aegean continues showing by far... far in 2014 stands at 26.9 percent.
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Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomyindicating the third lowest reading so far in 2014. The rate of decline in housing loans slightly... lowest reading so far this year. Net deductions remained rose MoM to 270 million. The slight growth
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