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Tsipras upbeat after vote, Eurogroup but deal details may still present problems
PoliticsGreek Politics. Tsipras met President Prokopis Pavlopoulos on Monday night in an attempt to back the government’s... of the Eurogroup’s decisions. Some doubts remain about the exact nature of the automatic mechanism... are not likely to produce any nasty surprises for Tsipras. The only complication could be if Athens’s
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Coalition under fire over multi-bill but aiming to stay united for vote
PoliticsGreek PoliticsAhead of Sunday’s crucial vote on the multi-bill submitted to Parliament this week, there appeared... ammunition to the opposition parties. Despite a stormy session of Parliament’s economic affairs committee... decision was taken to remain united and not put the government’s future in immediate doubt. None
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Camp conditions and fragile EU-Turkey agreement risks for Greece in refugee crisis
PoliticsForeign Policyweeks to allow the evacuation of the camp on Greece’s border with the Former Yugoslav Republic... overcrowded, and therefore susceptible to clashes, during the summer and that the European Union’s agreement... Turkey’s reaction will be to German Parliament’s symbolic resolution on the Armenian genocide
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingAs expected, the European Central Bank’s governing council decided on Wednesday evening... the successful completion of the first programme review. In addition, the ECB noted the Greek government’s... a maturity of four years at an interest rate equal to the ECB’s deposit facility of -0.4 percent
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First step in TV licensing process completed as controversy continues
PoliticsGreek Politics, submitted their applications by yesterday’s deadline. Their files will now be examined by a five-member... the country’s digital network are available. At the moment, seven channels have such licenses, which..., the coalition’s bid to create a new licensing scheme has been beset by controversy. The government has been
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Electoral law vote brought forward, refugee crisis returns to political agenda
PoliticsForeign PolicyThe vote on the government’s proposal regarding a new electoral system will take place on Thursday... Premier George Papandreou, to discuss the electoral law and the government’s plans for changes... entire party on this. The 53, SYRIZA’s largest faction, recently repeated their opposition to this idea
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingmembers to the bank’s organisationial structure, with the ability to lead Pireaus towards a new era... family’s shareholding in Eurobank via the mega-deal between NBG and Eurobank that later collapsed... Sallas’s leadership until the early 2000s, when it acquired Macedonia-Thrace Bank, XiosBank
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Primary cash surplus more than doubles to 2.8 bln in first half of 2016
EconomyMacroeconomyGreece’s central government primary cash surplus widened to 2.76 billion euros in the first half... from last year’s surplus of 238 million. Similarly, the net balance of the central government also... half of this year from 1.85 billion in the corresponding period last year. In addition, June’s
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New Democracy latches on to SYRIZA confusion over law and order
PoliticsGreek PoliticsThe government’s discomfort at having to take on activists has become increasingly obvious... parties and SYRIZA’s coalition partner Independent Greeks, which has close ties to the church and draws... and the kind of activists that not too long ago were among the party’s most vociferous supporters
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Greece sets up working group to monitor implications of Brexit
PoliticsForeign Policy, the UK’s possible departure from the EU. Foreign Minis Nikos Kotzias recently decided to form... begin to form a common line on a number of issues related to the EU’s financial, energy and trade policy, addressing issues such as how the City of London would operate following the UK’s departure
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