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Coalition struggles to contend with fallout from football crisis
PoliticsGreek Politicsin the Thessaloniki Port Authority. Savvidis also owns Ethnos newspaper and Epsilon TV. The challenge
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Elections and possible alliances on political agenda again
PoliticsGreek PoliticsElections of one form or another are on the minds of Greek politicians again even though the date of the next national vote remains undecided. In an interview on Epsilon TV on Thursday night, Digital Policy Minister Nikos Pappas revived speculation about SYRIZA and the centre-left grouping Movement
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Why did Greece return to bond markets now? Was it the right decision?
Economypercent, banks for 14 percent and pension and insurance funds for 4 percent. The Wall Street... on the secondary market in the near future. 3) Can the bond sale be considered a success? The final... the bond’s 4.95 percent yield over its five-year life. 4) Will this lead to more bond placements
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Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomysovereign rating upgrade in 2014 and comes after Moody’s postponed a rating action on April 4. S&P affirmed.... Moody’s rating stands 3 notches lower than that of S&P and 4 notches below Fitch. Fitch notes... to 1.4 percent in 2014. On sovereign liquidity, Fitch notes that the near-term risk has fallen, yet
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politicsentering a near state of paralysis in the build-up to the local and European elections on May 18 and 25... licensing and spatial planning laws 3) update the list of nuisance charges 4) adoption of the code... of forestry law 3) adoption of administrative burden legislation 4) abolition of all charges
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Moody's upgrades Greek rating by two notches to Caa1 - here's why
Economy. Moody’s had postponed its previous rating action on Greece, which was due on April 4, but upgraded... percent in 2011. In addition, interest expense to GDP ratio stands at 4 percent in line..., it amplifies the liquidity and financing risks associated with the near-term financing gap. The rating
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SYRIZA builds clear but not conclusive lead in polls as PASOK and GD fade
PoliticsGreek PoliticsUniversity poll for @kathimerini_gr: SYRIZA 27.5, ND 20, Potami 7.5, G Dawn 6.5, KKE 5.5, PASOK 4, Ind... and PASOK polling 4 percent or less in two of the three. While PASOK’s decline has been evident..., another significant development has been that the majority, or near majority, of Greeks now believe
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Newsletter 15 - 13/02/2015
are no longer ECB-eligible, following an ECB decision on February 4. Banking sources indicate... to an incremental cost of 600 million for Greek banks on an annual basis, which rises near to 1... milestones are February 18 and March 4, when the ECB’s governing council will decide on the revolving
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Newsletter 36 - 24/07/2015
and liabilities, and 4) bailing-in creditors by cancelling or reducing the liabilities of the failing...) the evolution of non-performing loans (NPLs), and 4) developments related to the banks’ subsidiaries... and aggressive diplomacy since January have no doubt worn everyone’s patience thin, the near impossibility
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Newsletter 66 - 11/03/2016
, stressing there is no reason to take any decision on Greece’s debt burden in the near future since... CPI was mainly driven by a decrease in housing prices by 4.7 percent, followed by transport (-4... and restaurants (+2.6 percent). Housing and transport saw drops of over 4 percent. 2 One for one, none for all
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