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  1. Budget passed but troika accord still some way off for Greece

    PoliticsGreek Politics

    stable at 6.10-6.15 billion for 2013 and 2014. - The target for privatisation revenues in 2014 has... Chrysoloras reports that the troika has become increasingly concerned about the declining pace... billion euros. In the ensuing days, the coalition has to arrive at a formula for lifting

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  2. Greece could still leave euro, says Simitis, PM who engineered entry
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    and will not be limited to 124 percent of GDP by 2020,” writes the former PASOK leader. Simitis notes that Greece has... of this package has contributed to the collapse of the Greek economy, which has shrunk by almost a quarter... are trying to get across. Recently, Simitis has backed a new centre left movement that seeks

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  3. PASOK unites forces with Greek "Olive Tree" for EP elections but will it be enough?

    PoliticsGreek Politics

    A fledgling centre left movement made up of personalities from several walks of life has decided... democrats. Already, though, it has encountered a serious problem as DIMAR has refused to join... Minister Tassos Giannitsis has been touted as the most likely candidate. This, however, highlights one

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  4. On Portugal, PSI and a national salvation pact

    Agora

    a primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over... and complete market access has been restored, including an issuance calendar, high issuance volume.... The ECB has been incredibly accommodative already with Portugal, whether one looks at Portugal’s Target2

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  5. Cooperatives on Cyprus: Why they were treated differently to banks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    in the USA has lessons for Cyprus and parallels to what happened on the island. One of the issues... to the need for a Fannie or a Freddie. The cooperative credit sector of Cyprus has several... unions. It has been reported out of the staggering 26.25 billion euros in non-performing loans in Cyprus

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  6. Divisions on center left blight launch of Greek Olive Tree alliance
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    story of conflict between Papandreou and Venizelos, which has also led to tension between PASOK MPs... guard has anything to offer was highlighted by a recent Alco poll for the Newsit website. It showed PASOK lagging behind To Potami, a new party formed by journalist Stavros Theodorakis, which has yet

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  7. New Democracy and SYRIZA draw battle lines for European elections
    Photo by MacroPolis

    PoliticsGreek Politics

    attack in 2008 and has become a symbol for workers’ rights. The variety of professions represented... by PASOK and other smaller parties, announced its candidates last month and has stressed that 90... party led by journalist Stavros Theodorakis has clearly had an impact on Greece's mainstream parties

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  8. Tension builds in Greek coalition and with SYRIZA as elections near

    PoliticsGreek Politics

    the banner of the centre left Olive Tree alliance, the socialist party has become sensitive to any.... It also seemed a personal affront to Venizelos, who is a constitutional expert. While there has... has not just been limited to the coalition, though. A new round of verbal jousting between New

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  9. Greek elections as seen (or imagined) from Berlin
    Photo by MacroPolis

    Agora

    the course of the past two years a steady line of communication has been established and nurtured... sister party in Germany, Die Linke. Tsipras has visited Berlin on various occasions, even meeting... to pose dilemmas. Ahead of Sunday’s vote he has been made aware of new challenges in Athens, which were

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  10. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    loan tranches for Greece totalling 3.41 billion euros. The report underscores that Greece has gone... percentage point (pp) each. In addition, lower privatisation has increased the projected debt ratio by 0.4... has been primarily achieved through shrinking imports. The IMF stresses that exports excluding oil

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