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Five things to take away from the first round of Greek local elections
PoliticsGreek Politicsand was elected from the first Sunday. The leftist party had a much larger presence in the regions than ever... dominant combination outside of Attica than the opposition party. SYRIZA will need backing of somewhere near 30 percent (and possibly more than the aggregate support the coalition parties receive
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Greek PMI drops into contraction territory in September, falling to 48.4 points
EconomyMacroeconomymonths and is mainly attributed to a fresh contraction in new order inflows. The level of export.... In addition, a marked drop in post-production inventories was also evident in September, albeit slower than... than those in August. This is the first such movement over the past 2.5 years. In addition, a slower
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Newsletter 14 - 06/02/2015
to the SYRIZA-led government, as is the collection of changes that it would be required to make in order..., with a confidence vote due at midnight on February 10, a day later than initially scheduled... by Varoufakis suggesting a debt swap rather than a haircut. Again, anyone observing what key players in SYRIZA
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Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
PoliticsGreek Politics) and the general secretariat for public revenues in order to safeguard their independence, which has been... direction than creditors want by raising the minimum wage and calling in the International Labour... to the process, even earlier than the next scheduled Eurogroup on May 11. Liquidity shortage This may
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek Politics, which reportedly believes the heavy reliance on tax rises for a fiscal adjustment of more than 7... to 23 percent. The Fund also wants 400 million euros of spending cuts rather than the 200 million... deadline is reached), then Tsipras will have to submit the draft legislation by no later than Sunday
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Where we stand in the Greek bank recapitalisation process
Economythen, the better than expected GDP growth for the second quarter and the stronger than anticipated tourism... and, according to the August Eurogroup statement, “no later than 15 November”. Since capital needs... the legislative framework and all required preparatory work in the next few weeks in order
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Refugee influx pushes Tsipras towards crisis nexus
Agoraarrived in 2014 but already this year there have been more than 400,000 arrivals. On Friday, IOM.... Housing, feeding and keeping people warm carries a much higher cost than scanning their fingerprints... set up a service to manage these resources. If Tsipras cannot put his own house in order
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In Erdogan's shadow
Agoraaware that he is in the box-seat. The Turkish president is also a much better negotiator than his... to reallocate them from its soil rather than having traffickers heaving them across the Aegean to Lesvos... been in spite of the obstacles they face rather than because of the assistance they have received from
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Newsletter 55 - 12/12/2015
2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion... put it. It is true that on some issues, the fund is a harder taskmaster than the European lenders... for lenders making a significant intervention in the country’s debt rather than just tinkering around
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Pension reform a precarious battleground for Tsipras and Mitsotakis
PoliticsGreek Politicsminister. If it is seen as fairer than the government’s, Mitsotakis stands to gain but if voters regard it as being even tougher than the one on the table now and closer to what the quadriga of lenders... in power. He also urged the merging of pension funds into three organisations, rather than one
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