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Possibility of post-election breakup dogs Greek coalition
PoliticsGreek Politicsto survive the vote. While Venizelos has backed away from setting the bar for the centre-left Olive Tree alliance - which PASOK leads - at 10 percent, he has insisted that the government will find... percentages. In such a scenario, SYRIZA is certain to feel that it has enough political legitimacy
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Greek central government debt inches down to 320.42 bln in Q1
Economybillion by the end of Q1 2014, the IMF net financing has been reduced accordingly to 25.4 billion... of outstanding debt has a residual maturity exceeding 5 years, 10.3 percent has a maturity between
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Is post-election just pre-election in Greece?
Agorathat the Eurogroup of finance ministers has to address with regard to Greece in the coming months includes a host... has transformed the ownership structure of Greek sovereign debt from the private sector... new Memorandum of Understanding seems unlikely, given how contaminated the term “MoU” has become over
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SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
PoliticsGreek Politicswhether there has been a decisive shift in public opinion that makes a SYRIZA or New Democracy win... that a SYRIZA victory could bring. It appears the opposition party has made limited headway in convincing older... the breakdown of the figures is that SYRIZA has gradually broadened its appeal
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy. The yield on the 6-month T-Bills has retreated by 145 bps in the year to date. It was at 2.70 percent in May from 4.15 percent in December 2013 and 4.38 percent in December 2012. There has been... (the difference between the average loan and deposit rates) has widened to 4.13 percent from 3.70
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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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After landmark return in April, Greece prepares to tap bond markets again
Economyon July 7. The release of the next instalment is expected to be approved as Greece has completed... in the 6-month notes has nosedived by 200 bps so far in 2014 to 2.15 percent. Similarly, the yield in the 3-month T-Bills has dropped by 177 bps year to date to 2.13 percent. The imminent bond issue follows
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DIMAR imploding and leaving gap in Greek center left
PoliticsGreek Politicscleavage that has developed in the party over the last few months is whether DIMAR should engage... administration in the future. Kouvelis has tended to favour the latter option, angering many pro-reform.... There are serious doubts about how long the party can survive. DIMAR's future has significant
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Most Greeks saw income fall over last year, limiting purchasing power
Society(GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been... with a wage of 1,500 to 2,000 euros. Although there has been a trend towards stabilisation over the last... their needs, while 22 percent relied on borrowed money. Lower purchasing power has also a negative impact
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After recent series of rises, economic sentiment and consumer confidence dip in July
EconomyMacroeconomyabove the 100-point mark for the second straight month, while it has improved by more than 11 points... until October 2012 when it settled at 79.6 points. Since then, it has been moving upwards... 2010 until August 2013. Since then, it has cumulatively improved by 25.6 points. Unlike economic
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