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Coalition not ditching referendum idea from policy options but details muddled
PoliticsGreek Politicsend,” he said. “The issue of the referendum has only been raised in the case of an impasse, which is something we don’t want and are working to avoid.” SYRIZA has been in favour of greater use of referendums and has flirted with the idea of a popular vote on the potential summer agreement with its
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Greece and lenders already at apparent impasse, with options narrowing
PoliticsGreek Politicsin the negotiations has emerged over the institutions’ concern that some legislation being pushed through... from European Commission official Declan Costello indicates that the lenders believe that there has... government, describing Greece as the least cooperative client that the organisation has ever had
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China-Greece: One belt, one road?
Agoraoffshore blocks in the Ionian Sea and off southern Crete, has been extended until July 2015. Moreover... to Greece. In recent weeks China has underlined its investment commitment towards Greece by taking... has a “brother” port in Piraeus, an island of economic success illustrating how a semi-privatised
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Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek Politicson which there has yet to be an agreement suggests it will be very difficult to reach a deal within... that an agreement between Athens and the institutions is “very close.” In fact, the Greek side has been..., who told MNI that Greece has to find another 1.8 billion euros from changes to VAT this year
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Greece and Albania at loggerheads over hydrocarbons research in Ionian
PoliticsGreek PoliticsAthens has found itself caught up in somewhat of a diplomatic crisis with Albania over the last few... of the Exclusive Economic Zone in its sea borders with Greece. Greece, however, has already begun... with Greece lately has prompted concern in the Greek Foreign Ministry. Many Greek diplomats believe
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
EconomyThe Council of State (CoS), Greece's highest administrative court, has published a decision..., which has been expected for the last few weeks - as we highlighted in May, deems unconstitutional the reductions imposed in 2012. However, the court has not asked the government to implement its
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek PoliticsParliamentary speaker Zoe Konstantopoulou, who has been a thorn in the government’s side since... and its lenders – may not be a coincidence. Konstantopoulou has used her institutional role... this debt to protect banks. Clearly, this has strong implications for Greece’s current discussions
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IMF urges substantial debt relief for Greece
EconomyProgrammesustainability analysis (DSA) that was released on June 26, arguing that Greek debt has become highly... reforms without any specification of alternative reforms has raised concerns over the country’s ability... ambitious and steadfast reforms. This means that the government, which has put on hold key structural
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For Greek banks, it's business as unusual
AgoraNow that the rather bizarrely termed “bank holiday” has come to an end in Greece after three weeks... of the situation and inquire where do we go from here. As the Greek real economy has been turned... without domestic banks being open for business. What this experience has exposed so far is revealing
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Varoufakis and his friendly fire
AgoraPrime Minister Alexis Tsipras has a lot on his mind at the moment: A quarter of his MPs... and want to start visiting ministries, his government has just over three weeks to reach an agreement... in the euro area has a clear idea of how it would deal with a Grexit if it comes. It would be criminal
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