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PASOK candidates set out their stalls as SYRIZA sinks further into mire
PoliticsGreek PoliticsThe six candidates vying for the leadership of centre-left PASOK put their cases to the party’s central committee over the weekend as the first round of voting on October 6 approaches. Opinion polls, which pollsters are very guarded about because of the...
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek PoliticsThe Greek Parliament approved on Tuesday night the formation of a preliminary inquiry into the role of Deputy Civil Protection Minister Christos Triantopoulos over the handling of the Tempe train crash site in the days after the fatal accident two years...
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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek PoliticsThe government’s efforts to turn the media and public’s attention away from the Tempe issue, which dominated the agenda during the first quarter of the year, continues with the promise of more voter-friendly measures to come. After announcing 1.1 billio...
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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyGreece’s fiscal outlook has become clearer along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate. The European Commission last week activated the national esc...
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OPEKEPE, Predator and Ankara tension set tone for post-Easter politics
PoliticsGreek PoliticsA compressed, post‑Easter political week opens in Athens with the government facing simultaneous pressure on two domestic fronts - the OPEKEPE case files and the revived surveillance affair - while also navigating a sharp rhetorical clash with Ankara an...
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economy” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20... sale is almost half compared to the 2.5 - 3 billion rumoured in the past few days, while the yield... was in May 2009 for an amount of 7.5 billion euros with a coupon of 4.3 percent. At that time total bids
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomy& private non-profit institutions eased 3 percent in June, unchanged from May, with balances remaining... credit landed at 27.74 billion down 2.7 percent with marginal net deductions of just 3 million in June... and 10 billion from consumer credit. The settlement of total unpaid private debt, which stands at 160
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Papandreou's bid for new role in Greek politics far from simple task
PoliticsGreek Politicsof anything more than 3 percent – enough to give him a presence in the next Parliament and thrust him... Papandreou’s intention to form his own party “positively” or “very positively.” A total of 90.5 percent... coalition partner looks to be on the verge of total collapse after a bid for cooperation with SYRIZA hit
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammeMartin Schulz also warned in an interview on Thursday that time is running out and that 2 to 3 billion..., Greece has successfully rolled over 4.6 billion of 3- and 6-month T-Bills, which were covered by Greek... requested from Greek lenders that they retain their total T-Bill holdings at February 18 levels
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyto a delay in the first instalment payment targeted above 800 million. 3) Non-assessment (and consequently... into account total grants to the social security sector (SSS) the situation is more worrying since... expenditure (at zero versus an annual target of 446 million) 3) Grants to hospitals (at 22.3 percent
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