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As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomyit a "provocation" by the government. He has argued that since SYRIZA won the European Parliament... of the first austerity measures on February 9, 2010 until the general elections on June 17, 2012
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Public deficit and democratic duty
Agora, Georgiou, be dropped due to a lack of evidence. However, Sunday’s report in Real News has led to a new... or austerity measures. Beyond that, the two countries were suffering from vastly different problems. Whereas
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammewants to roll out have yet to be discussed. The coalition has informed the Greek media that it intends... agreed on a primary surplus of 3 percent of GDP for 2015 without additional measures. This is higher
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A snapshot of Greek banks' ABS as ECB readies for next move
Economybacked by mortgages) of almost 14 billion euros. NBG has the largest stock at 5.6 billion, followed... measures. The key reason is the country rating (‘B’ by S&P and Fitch and ‘Caa1’ by Moody’s) is well
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Greek disposable income continues its slide in Q2, reached 29 pct during crisis
EconomyMacroeconomysince Q4 2012. ELSTAT noted it has compiled non-financial sector accounts under the ESA 2010 system... the devastating impact of the deep recession and implementation of strict austerity measures on domestic
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ECB stress tests and what they will mean for Greek banks
Economyfrom the conversion of deferred tax asset (DTA) to tax credit. However, it has not yet been clarified... undergoing measures. It is not yet clear which of the two capital shortfalls (under the static
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What are SYRIZA's plans for Greek banks if it comes to power?
EconomyThe possibility of the government failing to elect a president and subsequent snap elections leading to the formation of a SYRIZA or SYRIZA-led government has brought the leftist party's plans... to grant new loans and implementing debt relief measures. The latter also involves a loan haircut
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SYRIZA looking for six-month breather from troika
PoliticsGreek PoliticsBarring a few uncompromising voices within the party, SYRIZA has largely toned down its message over the last few days in terms of how it plans to handle Greece’s relationship with its lenders should... of their Thessaloniki programme aimed at addressing the social impact of the crisis but would not adopt any new measures
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Signs that Greece-eurozone deal may be in sight but much work remains
PoliticsGreek PoliticsEurogroup cannot be deemed a foregone conclusion. Much of the post-Eurogroup analysis has revolved around... that Athens and its lenders could agree on around 70 percent of the measures demanded of the previous
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammeThere has been no official response from the Greek coalition to the European Central Bank (ECB) publishing on April 10 its opinion on the draft law on the suspension of primary residence foreclosures... on the solvency and liquidity position of Greek banks, as it considers that the proposed measures could put
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