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  1. Another Eurogroup for Greece where all options fell short
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , an agreement that “would convince markets the debt has been addressed on a permanent basis... warning sign came from the man who, since 2011, has been tasked with preparing these gatherings, Thomas Wieser, who has about a decade’s worth of Eurogroups under his belt. “So the implementation

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  2. Mitsotakis apology for wildfires gets sceptical reception

    PoliticsGreek Politics

    continue to burn across parts of Greece has been greeted with extreme scepticism by the opposition... said, “blackens all of our hearts”. “I will be the first to apologise for any shortcomings”, he said... in the aerial response were quashed by the Defence Ministry. Response The PM’s latest address has come

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  3. Eurogroup sets up completion of third review, plans for programme's end

    EconomyProgramme

    that since the government has passed legislation which means that all auctions will be conducted.... The European Central Bank has repeatedly highlighted the importance of property auctions in the efforts... a positive impact on growth that has not yet been taken into account. "In that sense, the whole could

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  4. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    importantly, these preference shares are recognised as EBA Core Tier I capital and reported in banks... and recognised in EBA core Tier I, Tier I and total adequacy capital, while being excluded from core Tier I...) to propose equivalent measures” to cover the funding gap. It is likely the troika rather than Greece

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  5. Another euro stitch unpicked
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    Agora

    night to stop accepting Greek government bonds as collateral from local lenders has minimal practical impact in the short-term but maximum effect in symbolic terms. There has been some fine analysis... in the sense that it goes against Greece's proposal to buy time in the negotiation process. In the end

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  6. Greek business feeling the pinch from capital controls
    Photo by MacroPolis

    Economy

    The imposition of capital controls a month ago has taken a heavy toll on Greek companies, from... losses in excess of 40 percent. According to market sources, the drop in corporate turnover has..., processes have become lengthier and costlier while in many sectors product distribution has been reduced

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  7. New party aims to mount challenge to the right of Mitsotakis's ND

    PoliticsGreek Politics

    Kyriakos Mitsotakis, there was a reminder on Friday that the recently-elected conservative chief also has... Democracy voters who do not buy into Mitsotakis’s moderate, liberal vision and to draw nationalist voters... given that it will take time for the new party’s structure to take shape. At the moment, all it has

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  8. No fear of the bear? Bilateral economic relations between Germany and Russia
    Photo by Kostas Tsironis/Fosphotos

    Agora

    banking - with their European peers. The rising investment interest also has a political impact. Russian... champion). More specifically, bilateral trade has fallen from 80 billion euros to 52 billion since 2012... the Deutsche Bank subsidiary in Moscow to buy securities in roubles and to subsequently sell them shortly

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  9. Cyprus talks take a buffeting as leaders fall out

    PoliticsForeign Policy

    disrespectful enough to prompt his departure from the venue. The Cyprus Parliament vote has caused... of the northern part of the island in July 1974. The Greek Cypriot side has acknowledged that Parliament's... Minister Mevlut Cavusoglu on Tuesday. “Patience has its limits,” said the Cypriot leader. Cavusoglu

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  10. Surveillance scandal claims mount, ratcheting up pressure on PM
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    bugging of Foreign Minister Nikos Dendias. To Vima suggested that concern has been expressed in foreign... is alleged to have owned, although he denies any part, and which has been linked to the use of Predator... one of the government’s main lines of defence, which is that the Greek state did not buy or use

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