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Greeks most sceptical of EU and US policy towards Russia, poll indicates
SocietyWe recently highlighted the difficulties the Greek coalition was having in steering a steady course... in international affairs. “Only 31 percent of Greek respondents thought US leadership was desirable...,” the Washington-based organisation said. “Forty-four percent of Greek respondents who said the EU had been
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammeIn contrast to previous first meetings between the Greek authorities and the heads of troika.... The Greek government believes this outperformance will help it reach next year’s target. While... wants to roll out have yet to be discussed. The coalition has informed the Greek media that it intends
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Troika leaves with key issues pending and clock ticking for coalition
PoliticsGreek PoliticsThe latest troika review of the Greek adjustment programme was adjourned on Tuesday with the two... and the capital needs of Greek lenders will be known. Also, by then the new European Commission will have been sworn in. The interlude puts paid to the Greek government’s initial hopes of drawing
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economy, banks will issue conversion rights in favor of the Greek state. The idea is that this reserve... of DTA conversion to DTC (north of 2 billion euros for the four systemic Greek banks... rights in a loss making year. Although bankers and brokers expect Greek banks to turn profitable
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The measures Greece is proposing to secure troika's return
EconomyProgrammeincluded in a 43-page document sent by the Greek authorities to the troika with the aim of breaking... hit the competitiveness of Greek hotels but argues that structural reforms would only have... in Portugal with annual revenues of 1.6 billion euros. Greek authorities are targeting 500 million euros
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PM and SYRIZA deaf to calls for compromise over president so far
PoliticsGreek Politicsparties should be invited to join a Greek task force to negotiate the terms of a precautionary... that he would ask the European Central Bank to rollover the Greek debt it holds. Tsipras said that SYRIZA wants to reduce Greek debt servicing costs to 2 billion euros per year. The SYRIZA leader
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SYRIZA looking for six-month breather from troika
PoliticsGreek Politics, that if the ECB does not continue to accept Greek government bonds as collateral even... of 7.5 billion euros from the lower haircut applied on debt instruments guaranteed by the Greek state... whether the troika would be willing to accept some form of suspension of the Greek programme, while
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Prospect of eurozone deal calms nerves on stock, bond markets
EconomyGreek shares climbed for the second straight session on Tuesday, when they rose by 11.27 and saw increased trading activity. Following Tuesday’s performance, the Greek stock market recorded gains... and the Greek government bonds (GGBs) held by the ECB. He also pledged primary surpluses of 1-1.5 percent
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Everybody be cool
AgoraIt’s less than three weeks since the Greek government was elected and its Finance Minister Yanis.... There is no doubt that it has been a tumultuous start for the new Greek government. The first week... for the ECB. It is also accepted that the micromanagement of the Greek programme by the troika over the last
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EU experts concerned about level of xenophobia, violence against migrants in Greece
Societyfrom the Greek authorities. In it, the Greek side denied the report’s claim that there has been “insufficient official condemnation” of acts of hate speech. “On many occasions, Greek officials have
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