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Come back Cleisthenes, all is forgiven
AgoraCleisthenes has a lot to answer for. Yes, he laid the groundwork for Athenian democracy in 507 BC but he also did it after being recalled from exile. As much as he helped transform ancient Greece, he... for the mayorship in May’s elections. Kaklamanis has dismissed Kaminis achieving a balanced budget despite seeing
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Greece poised to build on investor sentiment with return to bond markets
EconomyThe Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence about the country’s economic prospects and buoyed enough to consider an imminent return to bond markets..., Finance Minister Yannis Stournaras told reporters “Greece has not just changed page or chapter
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Greek retail index dropped 4.3 pct in January
EconomyMacroeconomy25 percent of GDP, disposable income has shrunk by 32 percent over the same period. This brought private consumption down by 28 percent. Retail turnover has consistently headed south since June 2010
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Greek Parliament's budget office questions primary surplus sustainability
EconomyMacroeconomyIn its latest quarterly report released on Friday, the Greek Parliamentary Budget Office (PBO) argues that despite significant achievements in 2014, the Greek economy still has a long way to go... to committee, the return to bond markets does not mean that the Greek economy has wriggled free
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Greece lays out plans for debt relief from eurozone
EconomyProgrammequarters of the outstanding debt has a maturity exceeding 5 years. According to the current redemption schedule between 2023 and 2036 Greece has to meet obligations ranging from 6.5 billion to 9.5 billion
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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economy. The latter has tripled since 2010 when Russian tourists stood at 451.2 thousands. Nevertheless, although being above average the daily spending by Russian tourists (93.5 euros) has been on a consistently
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Golden Dawn to compete in EP elections but its longer term future is unclear
PoliticsGreek PoliticsOne of the unknowns going into the May 25 European Parliament elections in Greece has been cleared up: Golden Dawn will take part in the contest. The Supreme Court decided over the weekend... third place in the elections no longer looks such a sure thing because it has been overtaken
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Piraeus snaps up share in MIG to complete series of corporate moves
EconomyBankinga premium of 10.2 percent on MIG’s current price of 0.49 euros. Piraeus Bank has committed to convert... million euros. One year later, Piraeus Bank has become MIG’s major shareholder.
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Politics trumping economic prudence in Greece
Agorais a holding company that has a rather unimpressive track record of investing in predominantly Greek... Paulson & Co. has had to suffer during the past 12 months. But he may start looking at Piraeus Bank
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Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
PoliticsGreek Politicsand perhaps the main factor preventing SYRIZA feeling it has a mandate to push for snap elections... a third of Greece’s voters, Dourou now has a chance to show Greeks if SYRIZA is capable
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