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With onerous measures looming, Tsipras seeks talks with opposition leaders
PoliticsGreek Politicsissues. It is no coincidence that this call has come as the coalition’s majority, reduced to three... to pensions being cut further but the one advantage Tsipras has is that while many of the measures being... on PASOK’s Fofi Gennimata, who has so far maintained a hard line against Tsipras. However, given
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Greece steps up effort to bolster relations with Iran
PoliticsForeign Policycautiously as it did not want to provoke reactions among its allies. The SYRIZA government has shown... conclusion of Iran’s lengthy negotiations over its nuclear program in July. Athens has been encouraged... that there are other countries that already play this role. Athens however has made some moves
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Management of NPLs to test gov't in negotiations with lenders
EconomyFollowing an agreement on foreclosures that was part of the first set of milestones, Greece now has... the 13 prior actions the government has to implement by mid-December to unlock the next sub-tranche... bank has signed an agreement with a foreign company on the NPL management. Alpha signed at the end
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek PoliticsMinister Alexis Tsipras has also repeatedly separated the Union of Centrists from his attacks... to the “parallel programme” that SYRIZA has spoken about before the September 20 elections. This is the idea... justifying their decision to continue supporting Tsipras after he signed the third bailout but has
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The year that Greece (nearly) saw it all
AgoraSince the Greek crisis began, the action has hardly stopped. But even by its standards, Greece... has been full of contradictions for Greece: Yanis Varoufakis became a global household celebrity... was reelected in September to do just the opposite. MacroPolis has been present throughout
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Gov't hits back as pension reform row heats up
EconomyProgrammeThe government has hit back in the public relations battle over its proposed pension reforms... landscape is completely different with that of 5 years ago since GDP has shrunk by almost 22 percent... pension has dropped by 41 percent over the last five years to 863 euros in January 2015 from 1,480
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Economic sentiment and consumer confidence improve in Dec
EconomyMacroeconomy. Since the signing of the third bailout programme, it has gained almost 12 points. During the bailout years, Greek ESI reached a high of 104.2 in June 2014 but has been on a downward trend since. Consumer... 11 points to -64.8 in the 8-month period but has recorded gains of 3.7 points since then. During
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Is Regling right to be concerned about Greek liquidity?
Agoramonths, highlighting that Greece has debt servicing obligations of about 4 billion euros over... disbursements will put pressure on its finances. This is especially the case because the first review has... in the first quarter is close to 1.5 billion euros. March has the largest IMF instalment of the year
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Greece left isolated on migrant crisis, with bailout talks finely poised
PoliticsGreek Politicstime, it was revealed that Slovenian Prime Minister Miro Cerar has written to fellow EU leaders to ask... that there has been no discussion of a suspension from Schengen and that this would not be possible anyway... to keep to its commitments. The government, which has been ineffective in putting across its side
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammein the next few days to begin the first programme review. Although the agenda has not yet been officially.... The government has identified and implemented so far measures yielding 1.2 billion euros, leaving... financing Greece has received so far in the context of the third bailout programme loans of 16 billion
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