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On the Greek crisis and German imbalances
Agorais that it was unable to foresee that 1) delays would have severely and adversely impacted the Greek
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SYRIZA's left wing hoping to prevent Tsipras from concluding bailout talks
PoliticsGreek Politicsreasons: 1) He suggested the congress should be held after an agreement has been reached
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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyconfidence still shows a slight rise by 1 point year to date entirely due to the surprisingly high
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Tsipras lays down gauntlet to SYRIZA rebels, proposes September congress or members' vote
PoliticsGreek Politicsto achieve two things: 1) To delay any internal discussion or turbulence until after an agreement has been
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Rare rebound for retail trade with 2.5 pct rise in May
EconomyMacroeconomypercent), department stores (-1.7 percent) and automotive fuel (-1 percent). In contrast, retail
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Unemployment rate fell to 25 pct in May, its lowest level in the last three years
EconomyMacroeconomypercent lower than in 2008, implying 1 million less employed over this 7-year period. The number
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Bank recap and NPL management create conundrum in bailout talks
Economyof the new bail-in directive - effective as of January 1, 2016 – that paves the way for a haircut
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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek Politicsabstained and 1 was absent in the first vote on prior actions, while there were 31 Nos and 5
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European Commission's Greek DSA sees recession ahead, debt becoming unsustainable
EconomyProgrammetargets (-1 percent in 2015, 0 percent in 2016 and 1.5 percent in 2017). Based on these assumptions
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Have inflation "repay" Greek debt and growth reduce indebtedness
Agoraa return. Assuming that Germany can currently fund itself at 1 percent, the annual funding cost would
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