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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politicsthat the new system applies immediately rather than from the general election after the next one... · Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... Alexis Tsipras can get the supermajority of 200 deputies that he needs for the new system to have
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Greek government faces hard labour dilemma
PoliticsGreek Politicsalso be overhauled in the public sector, while managers at state-run entities would get greater..., accused the Tsipras government of “crushing society” with more austerity. Late on Monday, more than... in unemployment, still above 23 percent, and a steady drop in job quality. More than a half million
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Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politicsministries involved seem an attempt to get the talks over the line rather than to hamper them. None... the government, with another 11 leaving office. The cabinet is also slightly larger than the last one, which had..., Nikos Fylis, who refused any other position than Education Minister, which he had held since September
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Tsakalotos states case for debt relief as New Democracy sharpens up
PoliticsGreek Politicswith creditors that will consist of more than just short-term measures. “I don’t think it would be enough, it will be more than I initially estimated, but not enough to unleash the virtuous circle,” he... going to get out of this [bailout] program in 2018.” Tsakalotos said that one of the most difficult
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Eurogroup leaves Greece snared between its creditors
Agorarather than implementing them now. The thinking went that this would allow its participation... did not want the current discussion to include anything more than short-term measures. Instead..., attract investment and get people back to work. The Eurogroup, though, confirmed that Tsipras must live
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Cat and mouse: Greece and Schaeuble
Agora. He stressed that a failure to get the IMF on board now (due to differences over primary surplus... had in mind something completely different than the Greek government. When all the pieces are put... the IMF is demanding (legislation of more than 2 percent of GDP in contingency measures that include
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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomyis implemented, Greece will be able to get out of the current deadlock. However, it raises a number of concerns... out higher than the potential benefit, which could prove temporary, it warns. For instance... GDP would be 2.2-3.1 billion lower than the target, which will also affect tax revenues
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Tsipras clears hurdle but isn't over finishing line
Agoraa much more attractive legacy than the one he currently has, even if it is unlikely to be enough to get... Minister Euclid Tsakalotos had once said he would resign rather than reduce the tax-free threshold... of the deal more than he should, especially given the ongoing tug-of-war between the International
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Material deprivation rises, while poverty risk drops slightly
Societyaged up to 17 (1.0 percentage point) than other age groups. Material deprivation for children aged up to 17 years, in 2016, stands at 26.7 percent, more than double the 2009 figure of 11.9 percent... activity. However, 64.6 percent reported being able to get together with friends and family for a meal
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Athens wrestles with timing of market return, aiming for maximum impact
PoliticsGreek Politicsand not a publicity stunt. Better than in 2014 The current government is desperate to have a more successful return to the bond markets than the New Democracy-PASOK coalition led by Antonis Samaras in 2014... that it has brought the Greek economy to a more promising position than three years ago. Tsakalotos pointed
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