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Amid risk of 2015 re-run, Greece searching for deal with lenders
PoliticsGreek Politicsgathering but there were to many loose ends to tie up in time. There is no clear indication... on and no agreement being reached in the build-up to the British referendum. Athens fears that everything will be put... perhaps being able to squeeze out a better deal than if the Europeans simply line up behind the IMF
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyframework and conditions, up to 50 percent (18.8 billion) of those EFSF bonds could be used... of EFSF bonds in QE means that up to 18.8 billion euros could be sold to the Eurosystem at current prices... rumours or news. Limited impact Summing up, the participation of Greek banks’ EFSF bonds in QE does
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Overdue contributions rise by 429 mln to 15.78 bln in Q1
Economyamount of 3.55 billion making up 22.5 percent of the total debt. The largest debt bracket relates... by more than 5,000 QoQ to 138,434 at the end of March. The total amount of settled debt edged up... to the government scheme (law 4321/2015) that allowed debtors to pay in up to 100 installments. SSC
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The diversions of the past
Agoraan opportunity to decry the government’s poor record in ensuring law and order at refugee camps up... to cosy up with neo-fascists since the former minister took control of the opposition party. In fact... way to distract people from such blemishes. It also serves to cover up Tsipras’s own poor record
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsfor the negotiations to be wrapped up successfully. The announcement late on Thursday that eurozone finance... reductions but would have to draw up alternative measures that would produce the equivalent result..., though, that this will be enough to sway the IMF and Berlin, which sets up a tense and complex few days
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammeand small businesses to 29 percent. The previous tax rate was 26 percent for income up to 50,000 euros... Introduction of a hotel overnight stay tax ranging between 2 euros for hotels with two stars up to 5 euros... departures in 2018. Summing up, from the third pillar of measures yielding 1 percent of GDP by 2018, 0.25
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Coalition prepares final legislation for review, opposition expects no upsets for now
PoliticsGreek Politicsthe fiscal mechanism demanded by creditors to ensure that up to 2 percent of GDP in contingent measures can..., even New Democracy appears to have given up hope of snap elections for the time being even though... have set up a joint committee to explore policy positions, Potami leader Stavros Theodorakis caused
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Newsletter 76 - 03/06/2016
struggled to tie up the loose ends in the government’s bailout negotiations this week, the domestic agenda... that the law did not define what was meant by an “offshore firm” and, as such, could not hold up... role in reducing the flow of migrants to Greece, will hold up in the weeks ahead. Quarterly GDP
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Mangling the truth
Agorafocussed on the developments that suit their agenda. That is, to some extent, how we ended up with part... a particular political purpose. First, local media picked up on a story in German daily Handelsblatt... seized upon by opposition politicians, who held it up as yet another sign of the Greek coalition’s
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Uncomfortable parallels: The Greek and British referendums
Agorapolls, tapping into emotions means that those making the argument do not necessarily have to back up... a convincing job of backing up the arguments for “Yes”. David Cameron’s recent claim that the Remain... issues and their reality. For instance, on average British people think EU citizens make up 15 percent
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