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Tsipras takes stage for launch of book and would-be political manifesto
PoliticsGreek PoliticsAlexis Tsipras stepped onto the stage at the Pallas Theatre in central Athens on Wednesday night.... Central to his message was the call for a “new metapolitefsi” — a fresh democratic transition.... Central to his proposal was a Youth Support Fund financed by a “Patriotic Contribution” on very high
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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomy. This was the first drop in central bank funding since September 2014. The absolute figures showed... billion was recorded in June 2012. The reduction in bentral bank funding is fully attributed
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped.... Note that September was the fifth straight month recording a drop in Central Bank funding
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicswall in its discussions with technocrats from the European Commission, European Central Bank... on the issue, although European Central Bank executive board member Joerg Asmussen said recently
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Does new troika visit spell fresh drama for Greece? Maybe not
Economyof bonds held by the ECB and eurozone central banks (NCBs) need to be paid off. In a similar situation... Central Bank executive board member Joerg Asmussen put a figure next to what until then was a vague
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When will Greek banks operate as credit institutions again?
Agorathe past three years. According to the Central Bank of Greece unit labor costs have declined by more than... facilities. The central problem of the real economy in Greece is today not anymore the high [unit] labor
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In clearest statement yet, Tsipras says he'd keep euro
PoliticsGreek Politicsof members' votes during elections for the party's central committee this. When he speaks at home... that the profits the European Central Bank has made from buying Greek bonds on the secondary market
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Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
EconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped... March 2010. Note that October was the sixth straight month recording a drop in Central Bank funding
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Banks' reliance on Eurosystem funding eases for seventh straight month in Nov
EconomyMacroeconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, marginally... straight month recording a drop in central bank funding, with the aggregate amount showing
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The complexities of regaining market access: Could Greece learn from Portugal?
AgoraPortugal is trying for the second time in three months to test its capacity to return to international bond markets. Seeking to regain full access to such debt markets is a central policy objective... (the Commission in Brussels and the European Central Bank in Frankfurt) expires in mid-2014. The MoU
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