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Greece in 2014: Where are we?
Agora. For example, how can the primary surplus be the standard bearer for "Grecovery" when more than 3... as Greeks dip into their savings to pay their rising tax bills and make up for a lack of income... years of recession, three years of austerity and endless uncertainty. How can decision makers convince
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Don't let the facts get in the way of "Argentinology"
Agorain Argentina. Much of this can be traced back to a September 2012 comment by SYRIZA leader Alexis... in circulation than the central bank has reserves (dollars in this case) so it can convert them one... that it would pay the IMF in full, making a single payment of just under10 billion dollars. The debt
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Coalition wins confidence vote but gets little encouragement for presidential ballot
PoliticsGreek Politicsalso said that Greece intends to pay back whatever is left in the HFSF bank recapitalisation fund... their willingness to be persuaded by the government's arguments. What we can take away from the vote... in creating conditions that will ensure they can win that vote as well.
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ECB results light up path for Greek coalition's bailout exit plan
PoliticsGreek Politicsis approved by its lenders, the coalition can pay back this money to the European Stability Mechanism... in February, thereby avoiding early elections. However, they can ill afford to agree to more pension cuts
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Greece and lenders with conceptual, as well as practical, gaps to bridge
PoliticsGreek Politics, which saw Athens receive loans largely to pay off debt after meeting tough fiscal targets and executing... the Greek government to go as far as it can in arguing its case and exerting as much pressure as it can
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Newsletter 14 - 06/02/2015
the temporary arrangement is in place. The broader agreement, to be clinched before Greece has to pay.... It only has around 1.5 billion euros left in cash reserves and about the same amount in cash it can shift... a short-term solution can be agreed, possibly at an extraordinary Eurogroup on Wednesday, February
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The ECB's strict rules apply if you dare not comply
Agorathat had borrowed money under the ELA from the Central Bank of Ireland to pay off their creditors... Nicolas Sarkozy openly told reporters at a Brussels summit: "This means that each state can turn... of their sovereign. In desperate times the rules can be bent, it seems. Greece in 2012 There is a case
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After Eurogroup, hard work, more pressure and sliver of hope for Greece
PoliticsGreek Politicsis of the essence for the coalition as it only has cash to pay its obligations for the next few... on whether the limit can be raised from the current 15 billion euros, which has already been reached, but will determine whether Greek banks can increase their exposure to sovereign debt in this way from
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Newsletter 20 - 20/03/2015
of pillar II bonds, which carry an additional cost of 1.4 percent. This relates to the fees banks pay... this formidable task can be undertaken by the Greek authorities immediately and with verifiable results.... It is after all Merkel who can instruct her finance minister, Wolfgang Schaeuble, to show superior
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Greece hopes to catch break from ECB as IMF puts its foot down
PoliticsGreek Politics-Bills Athens can issue and the exposure Greek banks can have to them. The issuing of T-Bills is seen... to pay to the IMF in June, which it could do either by issuing new T-Bills or if the ECB releases
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