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After rocky start, some political backing for SYRIZA but ECB holds key
PoliticsGreek Politics. Obama wades in “When you have an economy that is in freefall there has to be a growth strategy... might not be in a position to buy the T-Bills the government would have to issue over the next few weeks to roll over existing short-term debt but also covering funding needs, given that Varoufakis has
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Newsletter 403 - 24/11/2023
to form a parliamentary group. SYRIZA has now lost one third of its central committee of 300 members... them in the polls. A ProRata poll published this week indicates that SYRIZA has slipped behind not only... support has also dropped to the same level as the Communist Party (KKE). This suggests
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The ECB's strict rules apply if you dare not comply
Agorathat the ECB has played the role of the bad cop. However, is it really as much of a rule-based...: "Monetary financing is when the central bank of a country prints money to buy the government bonds... collateral to the ECB in order to be financed in order to buy the sovereign debt of that country, and we
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Where does SYRIZA stand on debt?
EconomyFair (TIF) last September. SYRIZA has repeatedly stressed that Greek debt is not sustainable..., one of the party’s key economic policy figures, reportedly proposed that ECB could buy EU-related... distorts SYRIZA’s official stance and confuses the audience. SYRIZA has refrained so far from
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Greece secures F-35 jets as US tries to appear even-handed following F-16 deal for Turkey
PoliticsForeign Policya trade-off with the West that is to its advantage. I wonder how our country can get guarantees... (Pentagon, State Department, Congress) has been completed. The process aims to ensure at multiple levels... year’s earthquakes, tension between the two countries has eased. He stressed the necessity
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Unveiling of relief package imminent as electoral law speculation is revived
PoliticsGreek Politicsthe ruling centre-right party has suffered another dip in the polls, which has been linked... the electricity subsidy has been accounted for, any remaining fiscal space will go towards abolishing.... Another 650 million euros is needed for the pension increases that Mitsotakis has promised
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Voters unconvinced by post-Eurogroup narrative, wait for growth
PoliticsGreek Politicsthat the coalition has ahead of it and suggesting that it will take much more for the prevailing... that the vast majority of Greeks are struggling to see the upside to the deal in Luxembourg and buy... 12 months even though growth has been predicted for this year and the next, and all the talk after
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After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
EconomyProgrammeabolishing the step-up interest rate margin related to the debt buy-back tranche from the end of 2012...-free threshold as well as cut pensions. It also has to avoid implementing any of the compensatory... settling the debt relief and fiscal issues, this also means that Athens has to progress with its
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WEF report highlights weakness of Greek institutions and challenges of recovery
Economyplaces since 2008. Looking at the different pillars of competitiveness, Greece has gained 12 places...) and higher education and training (44th). Although the improvements in specific segments indicate... efficiency (129th), while financial market ranking (130th) has not yet recovered. The latter is mainly
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Greece failed to improve economic competitiveness in 2014, WEF report shows
Economyof the competitiveness pillars showed Greece has gained 3 slots in efficiency enhancers (currently ranked at 62nd... requirements, Greece has a relatively better performance in infrastructure (34th) and health... in technological readiness (36th place from 39th last year) and higher education and training (43rd
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