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Newsletter 153 -2/03/2018
Corporation (PPC) lignite-powered units, which was one of the items discussed, will be ready... in August. One potential point of friction between Athens and the lenders is the implementation... were outstanding. One was settled last week, when the Council of State approved the plan
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Newsletter 155 -16/03/2018
. The report suggests that one of the prior actions that will not be completed on time relates to the land... heads in the civil service, according to Capital. One of the actions that the institutions... around 10,000 zones, was March 15 but a one-week extension for the evaluators is expected. Greece’s
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek Politicsby the June 21 Eurogroup “or the one straight afterwards in early July.” The premier also dismissed concerns... establishment.” The theme of SYRIZA being an outsider fighting against more powerful forces is one that Tsipras often visits in his speeches and is still one of the most potent tools he has in bringing his
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyis a particularly thorny one in Greece. “An effective tax system, must generate sufficient revenue... 12.5 percent. One consequence of this was a rise in companies relocating their headquarters... of less than 9,000 euros a year, meaning that they make less than 750 euros a month. Greece is one
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Philip Roth's words of caution
Agorain most cases. One of the few exceptions was The Plot Against America, a counterfactual take... simultaneously: on the one hand, the susceptibility of American individualism to the cult of celebrity... intervention given that one of the reasons why such attacks take place is because personalities
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Coalition survives no-confidence vote over name deal but sees majority trimmed
PoliticsGreek Politicsa no-confidence vote in Parliament but lost one MP in the process. Dimitris Kammenos of ANEL..., which seems unlikely, the coalition’s majority will be reduced by one to just three seats. Given... the country will have “geographical qualifier,” there will not be one for its citizens. New Democracy has
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For better or worse: Greece's bailout exit deja vu
Agorais so bad, how does it compare to the one that they were working towards and were willing to accept.... One option was an Enhanced Conditions Credit Line (ECCL). The other was to use the remaining funds to form a cash buffer and the final choice was to extend the programme by one year. The problem
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Recent study issues warning over ageing population, future pension burden
Societyproductive than a young one, the report stated. Apart from longevity increasing the age of the workforce, reduced fertility will also be a compounding factor as Greece has one of the lowest fertility... has one of the highest projected old-age dependency ratios in the OECD, defined as the number
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesbe used to launder money or fund corruption. One rumoured practice involves recording an inflated sale..., the most tangible effect has been felt in the rental market. One key factor is the parallel growth... and law firms to offer 250,000 euro “golden visa” packages consisting of one or more properties, designed
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Another austerity fighter to bite the dust
Agoraas a one-size-fits-all austerity recipe imposed on countries receiving assistance (Ireland, Portugal... with this arrangement is that while one can sue their government in national courts, European institutions in European... jurisdiction however does not mean that one wins on the substance of claims as well. The court had
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