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Linking of ex-PM with centre-left role highlights inertia, not momentum
PoliticsGreek Politicsthe last few years, Simitis has maintained a supportive but not active role and has never given.... PASOK and Potami launched earlier this year a joint committee that has the task of trying to forge a platform for cooperation between the two parties based on common policies. However, the panel has made
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Greece passes bailout-related amendments, hopes for loan disbursal in days
PoliticsGreek Politicsfrom the data that will be used to calculate whether the fiscal brake has to be activated... approval from their national parliaments will have to get the green light. Once this has been done.... No such law has been passed so far. European Commission spokesman Margaritis Schinas was asked about
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorapool has been trimmed by 7 billion euros QoQ to 110.6 billion, while their liquidity buffer has been... a total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has... has by far the highest TE of 8.51 billion as well as the highest market cap of 3.32 billion (third
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Labour laws already emerging as key issue for next bailout review
PoliticsGreek PoliticsEven though the first review of Greece’s third bailout has barely concluded, attention is already... explained on Monday, the government has a considerable list of prior actions it has to complete... last summer, the government has to conduct a “consultation process led by a group of independent
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SYRIZA not entirely behind plans for changes to constitution, electoral system
PoliticsGreek Politicsand the impact of the measures it adopted. However, not everyone within SYRIZA has been convinced... is enough. The largest faction within the leftist party, the 53, has just issued a statement calling on the government to move forward with the “major structural reforms that the Left has always supported
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Tsipras aims for new alliances and EU changes after Brexit
PoliticsForeign Policyin the wake of developments in the UK were not particularly encouraging. Italy has apparently been... Schaeuble has reportedly drawn up a post-Brexit plan that envisages stricter budget rules. Athens... that the EU has to adjust quickly or face the emergence of more division within its ranks. However, he also
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Tsipras travels to China hoping to fulfil ambition of closer Sino-Greek ties
PoliticsForeign PolicyMinister Alexis Tsipras now has an ideal opportunity to try to achieve this as he heads for a visit... to Zou, adding Greece's experience and openness in marine-related sectors has made maritime cooperation... to Chinese interest for further investment in the country. The tourism sector is also a field that has paved
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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politics) of the bonus for the election winner and, to a lesser extent the reduction in the voting age, has... move” and said the socialists would not back it. PASOK has found itself in a difficult position over... (9 MPs) has said it will back the proposal on the table, while the intentions of Golden Dawn (18 MPs
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Athens takes Turkish foreign policy pivot in its stride, sticks to Egypt, Israel goal
PoliticsForeign Policysince last November. For Greek diplomats these moves suggested at first glance that Turkey has decided to take a more pragmatic stance in its foreign policy approach. The Greek side has long been aware... to Turkish security, Greece has been expecting Ankara to change its stance and seek to restore relations
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Coalition tweaks draft electoral law in hope of clinching supermajority
PoliticsGreek PoliticsThe government has tweaked the electoral reform bill, hoping that a minor change will increase its... that the change would be effective immediately but the coalition has now cleared up any doubts. Should... votes, the Union of Centrists another 9 and KKE 15, taking the total to 177. Golden Dawn, which has
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