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The IMF crisis and how to solve it
Agorafor central banks in the 1990s. Why not the Fund? Europe experienced twin crises, one in economy... the medium-term budgeting adjustment central to stabilising Greece. Where did it all go wrong... to the crisis countries and never to the broken central institutions. Third, Fund actions were hampered
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Newsletter 6 - 5/12/2014
banks to continue to have access to cheap European Central Bank funding under current terms, ensure... behind its central position is clear: Greece’s bailout programme has largely failed to address..., quantative easing by the European Central Bank, a rollover of Greek debt by the ECB and a revision
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2014 is not 2012
Agorainstitution that has gained in prominence like the European Central Bank. Aside from the fact... Fund to oversee the programs of Greece, Ireland, Portugal and eventually Cyprus, the central bank held.... ELA is provided by the national central bank and is regularly reviewed and thresholds approved
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsto the fore over the weekend, when the party's central committee met for two days of discussions. The fact... taken on Sunday. SYRIZA central committee members voted to adopt the position put forward... 40 percent of the central committee members who voted were in favour of scrapping the deal
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Newsletter 20 - 20/03/2015
Hollande, European Central Bank President Mario Draghi, European Commission chief Jean-Claude Juncker... billion euros in profits from the European Central Bank’s securities markets With the government... assistance (ELA) funding. According to the central Bank of Greece (BoG), Greek banks’ ELA funding reached
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SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek PoliticsDespite enduring a testing time during the meeting of SYRIZA’s central committee over the weekend... at the end of the two days of deliberations in a central Athens hotel. The first was on a proposal put... majority the other vote on Sunday, which was on the “political decision” adopted by the central committee
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Newsletter 28 - 29/05/2015
a meeting of SYRIZA’s central committee drawn as much attention as last weekend’s gathering, when... of the leftists’ most important election pledges. In a fairly narrow vote, 95 central committee members... Panayiotis Lafazanis, has only around 60 of the 201 seats on the central committee so it obviously
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Will SYRIZA accept the proposal from Greece's lenders?
Agorawhile slashing spending on pensions. Rarely has a meeting of SYRIZA’s central committee drawn.... In a fairly narrow vote, 95 central committee members voted against the proposal, while 75 supported... of the 201 seats on the central committee so it obviously drew support from elsewhere in Sunday’s vote
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Tsipras lays down gauntlet to SYRIZA rebels, proposes September congress or members' vote
PoliticsGreek Politicsto the drachma. The central committee will have to decide whether it will accept Tsipras's proposal... the central committee, where the faction has around 30 of the 201 members. They were among the 109 central committee members that voted against the agreement with the institutions earlier this month
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Tsipras gets his way over September congress, gains breathing space from SYRIZA rebels
PoliticsGreek PoliticsAfter sitting for around 12 hours on Thursday, SYRIZA’s central committee granted brief... to back the prime minister. This could have triggered a significant swing within the central committee, where the faction has around 30 of the 201 members. They were among the 109 central committee
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