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No victory, just plenty of misery
Agoramean having to wipe out a 24-billion-euro deficit and balance the budget in one fell swoop rather than... 30 percent and have one in three living in material deprivation. This economic and social... the limits of the “financial envelope” provided by its lenders. No one else in the developed world
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SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
PoliticsGreek Politicsone considers that there are roughly 2.6 million pensioners in Greece out of an electorate of 9.9 million, it is clear that retirees are one of the most crucial constituencies of voters. New Democracy... versus 11.5 for New Democracy and 6.3 percent for Elia. This is a dramatic turnaround if one
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UnLuCky for some: Another painful lesson from the euro crisis
Agorafor tolerance. Over the last year and a half one of the three key players in Greece’s crisis management team... that current accounts do matter after all, one of the troika’s main objectives became to improve... the trade balance. Since there is no one to finance your excess imports you keep turning the screw
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Coalition reaches compromise on candidate for European Commission
PoliticsGreek Politics. Avramopoulos’s nomination was confirmed on Sunday after Prime Minister Antonis Samaras spoke to one.... Kostis Hatzidakis, who was removed from the Development Ministry in a recent reshuffle, was one... measures he pushed for. This left Avramopoulos, one of New Democracy’s vice presidents, as the only non
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Don't let the facts get in the way of "Argentinology"
AgoraArgentina, to Arab Spring Egypt or civil war-torn Syria. In one of those debates Tsipras responded... in circulation than the central bank has reserves (dollars in this case) so it can convert them one for one. This heavily restricts the money supply. The money press was essentially switched off
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The IMF crisis and how to solve it
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
AgoraThe IMF is approaching its 70th birthday and the Greek programme has been a candidate for one... for central banks in the 1990s. Why not the Fund? Europe experienced twin crises, one in economy... for the Fund? First, the Fund broke one of its most essential rules by supporting a programme in Greece from
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Managing an orderly Greek exit from the memorandum
Agorathe current programme or refusing to negotiate a new one? In our view, there are workable alternatives to this position. The IMF itself is offering one of these in the form of a so-called precautionary credit... of financial assistance it received in 2012. One should not underestimate the level of scrutiny inherent
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Newsletter 1 31/10/2014
that headline conclusion, there are several interesting takeaways from the results. One important finding... billion euros under the baseline scenario and 4.6 billion under the adverse one. This included the 6... but is also liked by Independent Greeks leader Panos Kammenos, who served in one of his governments. The ex
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Newsletter 5 - 28/11/2014
on who he is running against. One of PASOK’s dilemmas is that it lacks any obvious candidate who... is that with PASOK polling under 6 percent in most opinion polls, success would be hard to come by if one... by Stathakis in London is informative and revealing in more ways than one. Leading off with the title “A Growth
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Newsletter 7 - 12/12/2014
to leave the government with two options. One is to appeal to the deputies in question... for the opposition party to turn down as it would be singled out as the one rejecting compromise... primary surplus figure exceeded its target by 658 million. 2 One last evasive manoeuvre Antonis
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