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Samaras blames SYRIZA for market jitters but his main strategy is at risk
PoliticsGreek PoliticsAfter seeing the Athens Stock Exchange plummet and Greek bond yields soar this week, Prime Minister... of the coalition have been launching pre-emptive strikes on SYRIZA for several weeks in a bid to play on Greek... told ministers that this week's adverse market reactions are "scenes from a future the Greek people
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SYRIZA's date with history
Agorain the Greek constitution which means that snap polls have to be held if 180 MPs cannot be found to back..., quantative easing by the European Central Bank, a rollover of Greek debt by the ECB and a revision... these are the Greek government bonds that mature in the summer, just weeks after SYRIZA might potentially
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Newsletter 8 - 19/12/2014
. The latter was broadly expected since some of the deposits had been placed in Greek banks to benefit from... that differentiated Greek depositors’ behaviour, particularly after the Cypriot crisis in spring 2013... Providing cover in a war of words Persuasion, not scaremongering, needed in Greek political debate
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Greece and eurozone edge towards deal but details remain sketchy
PoliticsGreek PoliticsIn a sign that Greece and its lenders may be moving closer to an agreement, Greek officials... at the sidelines of the European Council on Thursday, when the Greek leader also met German... and the troika “as we know them” no longer exist. “Forget them,” he told journalists. The Greek prime
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A pause in uncertainty but for how long?
Agorawith the positives. For the first time since the Greek bailouts began in May 2010, the government... for a Greek government to be responsible for designing its own policy programme. Another significant... the Greek economy that it is virtually impossible to achieve the levels of growth that would secure
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Greece expects no surprises from ECB despite questioning chances of deal
PoliticsGreek PoliticsThe Greek government appears confident that a meeting of the European Central Bank’s governing council today will not result in a greater haircut being applied to the collateral provided by Greek... decision and that there is likely to be a rise in Emergency Liquidity Assistance to Greek banks
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Greece prepared to move on pension, labour reforms but details to be decisive
PoliticsGreek PoliticsA joint statement by European Commission President Jean-Claude Juncker and Greek Prime Minister... to the Greek side. One of SYRIZA’s election pledges was to restore this form of wage bargaining, which... hours after the Greek government issued a non-paper suggesting that a deal was not in sight. Athens
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgramme. The apparent contradiction in the Greek position in such a short period of time raises questions... deposits would be the most appropriate approach to this issue. Greek banks have suffered net outflows... results, as in the case of other countries, the Greek experience suggests the results
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Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek PoliticsThe Greek government remains optimistic that it can reach a deal with lenders by June 5, when... that an agreement between Athens and the institutions is “very close.” In fact, the Greek side has been... in the next few days submit a 20-page document aimed at securing an agreement. The Greek government
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The key points from lenders' proposals to Greece
EconomyProgrammeinstitutions. These documents were presented by the European Commission President to the Greek Prime.... The Greek proposal included 3 VAT rates at 6, 11 and 23 percent, The lowest rate of 6 percent... to be effective as of July 1, compared to October 1 for the Greek government proposal. Other fiscal
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