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Greece, the troika and banks' capital needs: A step-by-step guide
EconomyProgrammethat Greek banks would need no more than 6 billion euros. However, there is now speculation... that the IMF has estimated capital needs at 20 billion euros, almost four times larger than... journalists that under the adverse scenario capital needs would rise to 8-9 billion, still less than half
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Samaras shoots, Samaras scores!
Agorasporting achievement can provide anything more than a temporary release. Qualifying from the group stages... but more than a decade later the rise of the racist Front National threatens the legacy of the “Black... of promise rather than the herald of greater things to come. Much like the mountain climber who
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societythat more than 60 percent of households (2.55 million) are homeowners without any mortgage... of 7.3 percent, whilst the respective rate for inhabited houses larger than 100 sqm posted an annual... share (4.8 percent) in 2008 was registered from households with income less than 750 euros. This more
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomy, the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than the 2.3 percent included in the Medium-Term Fiscal Strategy (MTFS) 2015-18, but still higher than... than the 2.5 percent incorporated in the MTFS and slightly below the EAP target of 3 percent
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Newsletter 8 - 19/12/2014
Dimas gathered just 160 votes – less than even the most conservative estimates had expected... are among more than a dozen MPs who are considered possible supporters of the government candidate. Even... than four years in Q3, when it rebounded by 2.1 percent. This was only the second positive reading
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomydeposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3... in excess of the euro area average of 1.05 percent and more than 60 bps higher than the respective... a sharp rise of 51 bps posted in October. However, this rate still stands more than 2.5 percentage points
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Greece: After a deal, work on a solution
Agorawill be a short-term fix rather than a long-term solution. Instead, Greece must formulate a long..., such as Finland, or have a less hawkish stance than Germany, such as France and Italy. For Portugal and Spain... its labour market considerably since 2011, and it is now more flexible than Germany’s, according
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How Greek banks were left on the brink
Agorawere oversubscribed more than 1.5 times amid strong interest - primarily from international... this 5-month period shows that households withdrew 22.3 billion euros making up more than 70 percent... than 42 percent of outflows were and remain in cash and are stored, particularly by households
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Tsipras and the binary opposition
Agoraas it was the first time that a party other than New Democracy or PASOK had won a vote in Greece since... a figure more suitable to keeping the party’s MPs and grassroots united rather than launching... point will require more drive and vision than has been on view during her long political career, which
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyimproved to 2.26 billion euros in July, which is more than double year on year (YoY). This was mainly... percent MoM. Since the beginning of the year, arrears have grown by more than 52 percent or 1.97... million corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also
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