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Pressing economic tasks mounting up for next Greek government
EconomyProgrammeto cover these obligations. However, since Greece has already reached the 15-billion threshold agreed.... This has been done in the past (in the second half of 2012). At the same time, the state has to roll... elections. The BoG has officially stated that they are “under absolute control”. However, political
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S&P puts Greece on watch for downgrade after sizing up new coalition
EconomyGreek government are incompatible with the policy framework that has been previously agreed... that the likelihood of a distressed exchange of Greece’s commercial paper has increased further either because official funding has beem curtailed, government borrowing requirements have deteriorated beyond
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Media pluralism in Greece at risk due to political links and concentration, study finds
Societyand the underlying interdependence between political, economic and media elites, a new EU-co-funded study has... and/or control as regards internet service providers”. This has led to a “a high ownership..., it has introduced media-specific competition rules to curb a high degree of cross-media ownership
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Samaras future unclear as New Democracy enters period of introspection
PoliticsGreek Politicsleader Kostas Karamanlis taking an increasingly central role in developments. Karamanlis has met... candidate for this position. There has been a rumbling of discontent from within the New Democracy ranks over the past few days. This has come from the more moderate section of the party and the one still
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Greece and lenders with conceptual, as well as practical, gaps to bridge
PoliticsGreek PoliticsDijsselbloem that ended with a terse handshake and the Dutchman’s obvious displeasure has heightened..., European Central Bank and the IMF. It is such a departure from how the process has worked since... that will not be the troika. At the same time, though, SYRIZA will also have to flesh out what reform plans it has
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After Schaeuble talks, Greek gov't still focussed on ditching existing bailout
PoliticsGreek Politicsthe current bailout. It is due to expire at the end of the month but Varoufakis has said that the new government does not want to accept more loans. He has only singled out the 1.9 billion euros in profits... with the troika inspectors and abiding by the programme, pointing out that if it has to be changed it would
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsin Parliament, the Finance Ministry has been briefing journalists on what will be the four pillars of Greece... a bridging agreement until the end of May or June, the Finance Ministry has proposed a second scenario...). This results in a total amount of 17.2 billion that has to be covered during the February-August
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
Economythe past five years, the number of employed has nosedived by 991,000 corresponding to a drop of 21.9... number. Since September, the number of registered jobless has advanced by almost 96,000. However... the 15-64 age groups, it is also the only one that has not shown any sign of de-escalation so far
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Capital controls in Greece? A response to Professor Sinn
Agoraof Grexit, while they would also be less costly for Greece than Grexit. The EZ has an incentive... that lacks liquidity, simply because ELA has reached an arbitrary upper bound? Third, Professor Sinn... for the Cooperative Bank has been deemed unnecessary, and since the Cypriot economy outperformed Troika/MOU
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Public support for coalition still strong but Tsipras walks fine line with party
PoliticsGreek Politicsleft wing, or Left Platform as it is known, which has objected most strongly to the deal reached... has “vagueness and several critical problems.” He insisted, however, that the government would be able... will also point to the surprisingly strong support that his government has among voters. In the first
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