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Another euro stitch unpicked
Agoraa case of denial, the new coalition is left in no other position than to downplay the significance... was withdrawn from Greek banks in December and January, which is much higher than usual. While ELA could... and on Spain over reforms in 2011. The problem with these decisions is that the philosophy which underpins
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What we've got here is a failure to communicate
Agoraswap rather than a haircut. Again, anyone observing what key players in SYRIZA had been saying before the elections (rather than taking as gospel the official party line) would have been aware... debt problem must focus on reducing debt-servicing costs, which will run at about 9 billion euros
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Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politics“specific reforms” and a timeline to implement them so the country can overcome its liquidity problem... revenues from privatisations to social policies rather than debt servicing. Nevertheless, the crux... even more split than its MPs. A Marc poll for Alpha TV, presented during Dragasakis’s interview
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Greece is gasping for a deal
Agorabailout programme. However, it is clear that the Greek banking system, which has less than 140 billion... at least some funding. The problem is that Greece and its lenders seem far apart on the type... a pragmatic streak, even ruthless at times, as he led SYRIZA from a fringe group earning less than 5 percent
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Tsipras steps in amid concern deal with lenders slipping away
PoliticsGreek Politicsthat would secure further bailout funding and solve the government’s growing liquidity problem might... by the institutions than Finance Ministry general secretary for fiscal policy Nikos Theocharakis, who has played... of a referendum than of fresh national elections. Alco poll for @protothema If there's an impasse in talks
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Greek coalition braces for internal debate over agreement with lenders
PoliticsGreek Politicsat companies with large profits and individuals earning more than 30,000 euros a year. Tsipras... a more convincing commitment than his predecessor, Antonis Samaras, it could prove the missing piece of the jigsaw that will help him convince his MPs to approve the agreement. One potential problem
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Newsletter 32 - 26/06/2015
Independent Greeks or a considerable part of SYRIZA (or both) would vote against the deal. The problem... that the lenders would back down at the last minute, giving Tsipras a deal that would be better than... the institutions (led by the International Monetary Fund) rejected more than half of nearly 8 billion
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What capital controls will mean for Greek banks, customers and the economy
Economyeuros per card, which is much lower than the 300-euro daily cap set in Cyprus two years ago. Press... than that imposed before the legislative decree. These transactions should relate to payments... of payments or money transfers are carried out at the bank cashiers · An imminent problem may also arise
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Newsletter 33 - 03/07/2015
, the average deposit balance stands at less than 1,500 euros, half of Bank of Greece data shows the value... the first instalment of the personal income and property tax (ENFIA). More than 40 percent of tax..., prompting new elections to be held. The problem with such a scenario is that snap polls could
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Tsipras gets strong mandate for deal in Brussels but left with political conundrum at home
PoliticsGreek Politics. The problem for Tsipras is that 17 coalition MPs (eight abstentions, 2 "No" and seven absentees all from... that a three-year agreement would provide Greece with greater security than the previous proposal... to back a third bailout despite having said in the past that he would rather quit politics than sign a new
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