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Growth, recovery, change and other words lost in the wind
Agora, competitiveness, adjustment and relief has plummeted. At home, Greek politicians have shown that they can keep up... of the words whose meaning has been undermined. They are spoken by people who have no intention... on Tuesday. Hardouvelis – a man of numbers who has only been in government for a few months
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Managing an orderly Greek exit from the memorandum
Agoraconditions set by the ECB in Frankfurt. The ECB has drawn attention to the fact that Greek banks cannot... three notches below this critical ECB threshold. Furthermore, ECB president Mario Draghi has... Greece has an agreed economic monitoring programme beyond the adjustment process foreseen
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Cairo Declaration inches Greece closer to hydrocarbons goal
PoliticsGreek Politicsin Greece has fallen on what the pact might mean for Greece’s hopes of demarcating its Exclusive Economic Zone. Cyprus has already marked out its maritime zone after agreements with surrounding countries... for hydrocarbon reserves, as Cyprus is doing currently. The coalition has consistently stressed
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The politics of debt dynamics in Greece
Agorarise in Greece’s debt ratio has been the dramatic fall in nominal GDP, i.e. the euro value... with the troika includes a provision according to which the country’s debt mountain has to be reduced to 124 percent of GDP by 2020. Greece has a moratorium on the interest payments on this debt for 10
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Machinations give both coalition and SYRIZA hope of winning presidential vote
PoliticsForeign Policyinstead. This was not the first meeting of its kind that Tsipras has held recently. Last week, he held.... The intensity of talks between SYRIZA and Democratic Left (DIMAR) has also picked up recently, with a meeting between Tsipras and DIMAR chief Fotis Kouvelis likely soon. Kouvelis has expressed his
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A little more persuasion, a little less reaction
Agorathe eurozone – even though SYRIZA has long abandoned its flirtation with the idea of going back... has used the comments from abroad about the potential dangers ahead or preferences for which side... about the prospect of SYRIZA coming along and breaking up their cosiness, which has been assisted
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Samaras strays out of line in search for new normal
AgoraPrime Minister Antonis Samaras has a habit of defending his government by saying that his aim... at which its GDP is growing or how much foreign direct investment it has received cannot be his only... in another European capital suggest that the Greek leader has no comprehension of the factors that need
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SYRIZA's only chance
Agorainterests but that does not mean it cannot happen. This is why SYRIZA has only one chance... argument. Greece can only win over European decision makers by making it clear what it has to offer... this support is offering to be bolder on certain reforms than previous governments. SYRIZA’s focus has
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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammeThe government has a series of important milestones το confront on the liquidity front, although Deputy Prime Minister Yiannis Dragasakis has insisted that there is no cause for concern at the moment... systemic Greek banks for precautionary purposes, including National Bank (NBG) which has
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Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage
EconomyProgrammeThis week Greece has to rollover 1.6 billion euros in 3-month T-Bills. Since foreign investors stopped... position of 1.6 billion, creating a gap of 300 million that has to be covered by other funding... million euros. Athens has to pay an additional 1.23 billion euros in the next two weeks in three tranches
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