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What do Greeks fear most? The lack of justice
Societyhas made a surprising finding: Greeks fear the last of justice above all. According to the Kapa..., providing greater transparency, accountability and efficiency. It is an area that has received little attention over the last three years as the focus has fallen on getting public finances back on track.
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Coalition wins crucial votes but at a price as SYRIZA leads polls
PoliticsGreek Politicsparty but the fact the government’s majority has been reduced again to just three... the coalition over the closure of public broadcaster ERT in June, the coalition has been trying..., who now number 13, may occasionally back the government. However, the government has found
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Greek banks' capital backstop and the funding gap: An uneasy relationship
EconomyMinister Yiannis Stournaras has recently stated he awaits the outcome of the BoG report on banks’ capital... used to cover the funding gap. The HFSF’s capital buffer has also come under the spotlight because... not be equally split among the four core banks. Eurobank has already initiated a capital increase process
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ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010
EconomyMacroeconomybillion euros has been wiped out from the domestic economy since 2010. According to ELSTAT, all released figures are fully in line with the ESA95 rules, while there has been continuous communication... the distribution of social dividend”. It is worth remembering that the Greek government has recently agreed
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Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Economyare not paying their contributions and the cumulative arrears’ stock has risen to 5.9 billion... and the government d) 1.3 billion has been lost due to a reduction in SSCs. e) 12 billion was lost... years. In addition, monthly debt collection has increased by 50 percent. Two of the twelve prior
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Samaras, Tsipras under pressure to deliver on plans for economic policy
PoliticsGreek PoliticsThe government has built up expectations regarding Prime Minister Antonis Samaras's economic policy.... The coalition has been suggesting over the last few days that Samaras's speech will mark the beginning... will be under pressure to provide something more tangible to voters. SYRIZA has yet to finalise, including
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Uncertainty feeding tension within SYRIZA as well as Greek government
PoliticsGreek PoliticsThe failure to reach an agreement with the troika has increased tension within the government... leader Alexis Tsipras has offered to agree on a new president with the government as long as Prime... party, which has been on an upward trajectory for the last three years. It is unlikely
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Greece moves closer to troika over fiscal gap, waits for response
EconomyProgrammethan 30,000 jobs would be lost. Note that SETE has recently upwardly revised its forecasts... as well as abolition of the reduced VAT rate in islands. It is thought the government has not conceded any...) with estimated cost savings of 70 to 80 million euros. On the public sector, the government has proposed
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What is SYRIZA planning to do with Greek banks?
EconomySYRIZA leader Alexis Tsipras has repeatedly outlined the party’s immediate economic policies which... has suggested in its 3-pillar programme the settlement of household and business bad loans... government would change the top management of the 3 banks (Alpha, NBG, and Piraeus) where HFSF has
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Appealing to dual audiences compounds mixed messages from SYRIZA
PoliticsGreek Politicswant to adopt some of the welfare measures it has promised during that period, without having to make... accommodating regarding the troika’s demands. At the same time, though, SYRIZA has candidates such as Giorgos... of the most interesting aspects of the survey is that it suggests SYRIZA has done a much better job
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