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How SYRIZA says it will fund its economic policies
Economycongress last Saturday with minor modifications to the previously announced measures. Tsipras has... is at the limit of legality, has not the approval of professional unions and local societies, while the sale... opposition,” he argued. SYRIZA has also strongly opposed the privatisation of the Hellenikon (former
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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
Economy. The ‘B’ rating by Fitch was initially assigned on May 23, 2014. Greece also has a ‘B’ rating from S&P... of the other two rating agencies. Fitch notes that political uncertainty has increased Greece’s risks... has moderated its stance since 2012 advocating: 1) Greece to remain in the eurozone 2) Commitment
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Polls continue pointing to SYRIZA victory as new post-election scenarios emerge
PoliticsGreek PoliticsGoing into the last week of Greece’s election campaign little has changed in terms of what... poll of polls has To Potami in third place with 7 percent, followed by Golden Dawn on 6.2..., which looks set to be the most successful of the three potential allies, has set out three
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Appealing to dual audiences compounds mixed messages from SYRIZA
PoliticsGreek Politicswant to adopt some of the welfare measures it has promised during that period, without having to make... accommodating regarding the troika’s demands. At the same time, though, SYRIZA has candidates such as Giorgos... of the most interesting aspects of the survey is that it suggests SYRIZA has done a much better job
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SYRIZA heading for Independent Greeks coalition, with uncertain consequences
PoliticsGreek Politicsbelow shows, SYRIZA has won just short of 36.5 percent of the vote, with New Democracy on 27.8.... Tsipras is also expected to meet with To Potami leader Stavros Theodorakis but the latter has made... settlement with the eurozone. Since forming the party in early 2012, Kammenos has displayed
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The immediate economic and financial hurdles for the new Greek government
EconomyProgrammeThe new Greek government has several thorny economic issues to address in its first days in office... as well as interest payments of 1.7 billion. SYRIZA has repeatedly stressed in the recent past... at circa 2 billion. However, since the previous government has exhausted the 15-billion-euro limit
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After rocky start, some political backing for SYRIZA but ECB holds key
PoliticsGreek Politics. Obama wades in “When you have an economy that is in freefall there has to be a growth strategy... weeks to roll over existing short-term debt but also covering funding needs, given that Varoufakis has... to a large extent whether the new government has the time and fiscal space it needs to try to secure
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The state of play with Greek banks' liquidity
Economyimportant liquidity issue for Greek banks relates to the coverage of T-Bill issues. Greece has to roll over.... However, their participation has been eliminated in the last two months due to the political turmoil... its funding needs, since the new government has said it would not request the last combined tranche
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomymore than 70 percent of GDP but has posted a cumulative drop of more than 24 percent since 2008... coalition government has not yet disclosed its macro assumptions for this year. The Commission has
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammethe existing budget framework or that has implications for financial stability. c) No action towards... the 8-billion-euro capacity of the Hellenic Financial Stability Fund (HFSF) that has yet to be used... legislating on how to deal with NPLs and the backlog of tax arrears, which has reached around 70 billion
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