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IMF appointment sends ripples of discontent through SYRIZA
PoliticsGreek Politicsit to avoid inciting his party in the run-up to a potential deal with lenders being brought... not take up the position at the IMF following the negative reaction within SYRIZA. Another candidate
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Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
PoliticsGreek Politicsto commit before entering Parliament that they would give up their spots if they decide to rebel. However... taking an aggressive approach, preying on Greece's liquidity problems to force Athens to sign up
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Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek Politics, it is possible that Tsipras will decide he cannot sign up to the deal on offer without the public’s backing. However, a fresh snap vote would do little to clear up the current confusion unless the sceptics
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Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politicsthe New Democracy-PASOK coalition had lined up for this year. As a result, Tsipras will probably... of GDP this year and 1 percent of national economic output in 2016. This means cuts of up to 900 million
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomy. This was due to international tourist arrivals shooting up by 45.6 percent to 1.73 million, although... in February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek PoliticsParliamentary speaker Zoe Konstantopoulou, who has been a thorn in the government’s side since taking up her position, may have made Prime Minister Alexis Tsipras’s task of reaching an agreement.... However, many on the left of the party have not given up hope of going down the rout of other countries
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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicson Monday to come up with a solution. Monday’s meeting was called by European Council president Donald Tusk... have to come up with alternatives. This divergence appears one of the most difficult problems
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How Greek banks were left on the brink
Agorathis 5-month period shows that households withdrew 22.3 billion euros making up more than 70 percent... of the domestic loan book, led to Greek banks’ group NPL edging up by 0.4 pp to 32.6 percent. NBG’s NPL ratio
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek PoliticsFylis summed up the mood within the party by describing the creditors’ proposals as “blackmail... with the help of opposition parties but that the government would lose its majority. This then opens up
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Referendum call finds Greek banks teetering on the edge
Economyfrom the banks’ ATMs. This picked up on Saturday when a large number of ATMs ran out of banknotes... making up a large part of ELA funding) are no longer ELA eligible. It was clear from the beginning
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