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Newsletter 87 - 09/09/2016
as it is not showing “responsibility and solidarity”. The problem is that this argument was made... on Friday meant that the focus was very much on finding common ground on issues such as growth... to recognise reality, while finding someone to pin the blame on. When German Interior Minister Thomas de
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBanking, liquidations and write-offs, will gradually reduce problem loans over the coming 18 months,” their report... strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding... by the winning bidder, while at the same time manifesting positively on the bank’s bottom line. BoG plan
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Greece: After a deal, work on a solution
Agora, but the momentum for change was fading even before Syriza came to power. The problem is that institutional...-term, cross-party package that addresses its institutional problems and is supported across Greek civil... state control. Tackling these problems will take Greek ideas, Greek resolve, Greek perseverance
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Has SYRIZA's moment gone?
Agoraby refining its message or it could remain faithful to its radical roots. The problem is that Tsipras...In June 2012, SYRIZA came within 171,000 votes of winning Greece’s national elections as part... debate about extremism without finding a way to rise above the so-called “strategy of tension.” It has
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The conundrum of Greek olive oil exports
EconomyFeaturesof the olive press is where the problem lies. Over 60 percent of what Greece produces is immediately... of olive oil for export, beautifully packaged to attract the international market. But even finding... gourmet products which are winning awards. The recognition they get might spur a change in economic
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Androulakis well-placed to retain PASOK leadership as Doukas sneaks into run-off ballot
PoliticsGreek Politicson the backfoot going into the run-off ballot. This also speaks to a wider problem for PASOK... newcomer has of springing a major surprise and winning Sunday’s ballot. It was also noted on Sunday that Doukas performed poorly in Athens, just under a year after causing an upset by winning
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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek PoliticsGreece’s demographic, as well as housing, problem by making available quality, affordable homes... as part of its effort to tackle structural problems and boost its chances of winning a third term... conservatives are to revive their chances of winning an outright majority in the next general
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Attention turns to next steps in solidifying Greek-Turkish relations
PoliticsForeign Policymust not leave any problem behind,” he noted. Next steps The roadmap for the Greek-Turkish political... to the ICJ, apart from the dispute over the continental shelf issue. “There are many interrelated problems... it is not binding, it dictates that the countries need to keep channels of communication open, pursue
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicscould change. However, as things stand the verdict does appear to create a considerable fiscal problem... on wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding
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Greece sizes up task of restructuring corporate debt
Economymanagement of the problem via standardised procedures in an effort to find a solution at systemic... debt servicing problems. The studies presented during the workshop showed that one third of Greek... for Greece have better prospects although there is a general lack of investment activity. Another finding
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