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  1. Nightmare on Democracy Street

    Agora

    the past. There can’t be a political scientist in the world surprised that Greece is experiencing social... earlier. If Greece’s institutions, including Parliament, don’t function properly, the country

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  2. A quarter-pounder democracy

    Agora

    Just under 17 years ago, New York Times commentator Thomas Friedman put forward a theory that if McDonald’s restaurants open in a country, a functioning democracy and institutions won’t be far behind... and the innocent won’t. Economic recovery, if or when it comes, will mean little if the accountability

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  3. Buoyed by troika deal, Greece aims for rapid return to bond markets
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    sovereign bond issue. At the same time, the yield of Greece’s 13-week T-Bill significantly dropped during... within 2013, the drop in the T-Bill yield was just 21 bps.

    5%

  4. Has SYRIZA's moment gone?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Greece money through lower T-Bill yields or over the lack of clarity regarding what the coalition would... (and not discounting New Democracy’s tendency for self-inflicted wounds) it doesn’t look like SYRIZA

    5%

  5. Greek current account deficit rises to 709 mln in February

    EconomyMacroeconomy

    in resident’s investment in foreign T-Bills and a decline in non-resident’s holdings of Greek government bonds and T-Bills. Greece’s reserve assets increased by 500 million month on month to 5.06 billion

    5%

  6. Greek central government debt inches down to 320.42 bln in Q1

    Economy

    billion (23.2 percent of total) and T-Bills at 14.99 billion (4.7 percent). Disbursements from... figure for new borrowing in 2014 stands at 0.36 years and refers to T-Bills. More than three quarters

    5%

  7. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    in foreign T-Bills and a decline in non-resident’s holdings of Greek government bonds and T-Bills

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  8. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    -escalating at much lower levels, albeit with delay, was also evident in the T-Bill issues this year. The yield on the 6-month T-Bills has retreated by 145 bps in the year to date. It was at 2.70

    5%

  9. Greece prepares for a 3-year benchmark bond issue
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    of 3.50 percent. In addition, Greece raised on Tuesday 1.63 billion from a 6-month T-Bill auction... of the 6-month T-Bill stands at 210 bps since the beginning of the year. Strong investor interest for Greek

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  10. Public deficit and democratic duty

    Agora

    basically run the show and democracies become a kind of rubber stamp because people don’t understand what’s going on and they don’t want to understand what’s going on,” said Chang. That is why understanding

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