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Tech start-ups click into place to fight off Greek recession
SocietyIt is clear that the economic environment in Greece over the last few years has been unfavourable for local businesses. Demand has plummeted, liquidity has evaporated and political instability... sector where the emergence of new and dynamic Greek companies has been noticeable is in information
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Ladies and gentlemen, please fasten your seat belts
Agora“take off” in September. We are now nearing the end of October and there has been no departure... savings would come from. Samaras has already shut down state broadcaster ERT, torpedoing his three... spending has been reduced to a drip feed. While there is still waste that can be addressed, finding 2
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Does new troika visit spell fresh drama for Greece? Maybe not
EconomyThere has been fresh confusion this week over when the troika will return to Greece to complete its... that the review is on hold. The Greek side has denied this and Finance Minister Yannis Stournaras told... that the two sides have differences on a range of issues. The Greek government has tried to defuse
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When will Greek banks operate as credit institutions again?
Agorareasons account for this severe deficit. Firstly, the depositor outflow of the past years has... their lending capacity. Secondly, the multi-year economic contraction has severely impacted on citizens... a lending recovery has yet to materialize itself in the Greek real economy. Source: Own calculations
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No victory, just plenty of misery
AgoraIt has become evident over the last few weeks that the eurozone’s pro-austerity camp is trying... for the derailment, the conditionality the country has been forced to implement since 2010 has also had a damaging... also bear the responsibility for the economic devastation and social deterioration Greece has
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21,717,120,000
Agora21,717,120,000 – This, as we have just discovered, is the total amount of money that has left... of the euro crisis to the German taxpayer has been the subject of intense debate, especially... to acknowledge that on a net basis the German treasury has seen benefits during the crisis. Germany’s
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Newsletter 2 - 07/11/2014
intact, the Greek government’s focus has shifted to completing the ongoing troika review. This would...”. Failure to achieve an agreement on debt relief would be a blow to the government, which has held... that would allow Greece to demarcate its EEZ, just as Cyprus has done. The Greek prime minister does
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Newsletter 4 - 21/11/2014
with the troika. It has been reported that the troika expects this figure to be as high as 3.6 billion euros. So far, there has been no breakdown of how the troika has arrived at this figure, although one... at the end of 2013, the ministry has collected just 1.34 billion (or 2.1 percent) in the first nine
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Newsletter 8 - 19/12/2014
and the opposition to agree to elect a president now in return for early elections next year has been... as possible. It is only PASOK that has differentiated its position slightly. Its leader, Deputy Prime Minister Evangelos Venizelos, has said he is open to ideas that would prevent snap elections
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Newsletter 19 - 13/03/2015
and the European Stability Mechanism in Brussels. It is the first time that the ESM has had such a role.... The government has managed to survive another week within very tight conditions and reportedly repaid... in the Hellenic Financial Stability Facility (HFSF) after the ESM clarified that it has no legal
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