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When will Greek banks operate as credit institutions again?
Agorareasons account for this severe deficit. Firstly, the depositor outflow of the past years has... their lending capacity. Secondly, the multi-year economic contraction has severely impacted on citizens... a lending recovery has yet to materialize itself in the Greek real economy. Source: Own calculations
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No victory, just plenty of misery
AgoraIt has become evident over the last few weeks that the eurozone’s pro-austerity camp is trying... for the derailment, the conditionality the country has been forced to implement since 2010 has also had a damaging... also bear the responsibility for the economic devastation and social deterioration Greece has
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21,717,120,000
Agora21,717,120,000 – This, as we have just discovered, is the total amount of money that has left... of the euro crisis to the German taxpayer has been the subject of intense debate, especially... to acknowledge that on a net basis the German treasury has seen benefits during the crisis. Germany’s
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Newsletter 2 - 07/11/2014
intact, the Greek government’s focus has shifted to completing the ongoing troika review. This would...”. Failure to achieve an agreement on debt relief would be a blow to the government, which has held... that would allow Greece to demarcate its EEZ, just as Cyprus has done. The Greek prime minister does
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Newsletter 4 - 21/11/2014
with the troika. It has been reported that the troika expects this figure to be as high as 3.6 billion euros. So far, there has been no breakdown of how the troika has arrived at this figure, although one... at the end of 2013, the ministry has collected just 1.34 billion (or 2.1 percent) in the first nine
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Newsletter 8 - 19/12/2014
and the opposition to agree to elect a president now in return for early elections next year has been... as possible. It is only PASOK that has differentiated its position slightly. Its leader, Deputy Prime Minister Evangelos Venizelos, has said he is open to ideas that would prevent snap elections
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Will the real men of unity please stand up?
Agorapenchant for not wearing ties has been the cause of lightheartedness from the moment SYRIZA came to power.... Tsipras, after all, has answered numerous questions about his refusal to wear ties and has been able... Varoufakis’s tendency not to tuck in his shirt has also drawn numerous, mostly negative, comments
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Newsletter 19 - 13/03/2015
and the European Stability Mechanism in Brussels. It is the first time that the ESM has had such a role.... The government has managed to survive another week within very tight conditions and reportedly repaid... in the Hellenic Financial Stability Facility (HFSF) after the ESM clarified that it has no legal
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Amid fog of confusion, Greeks vote... again
Agora. The parties have failed to make it clear what this election is about. SYRIZA has focussed on the new versus... up the system. New Democracy has made this campaign about the issue of trust and whether Greeks can put their faith in Alexis Tsipras again after his erratic time in office. Neither theme has really
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Newsletter 52 - 20/11/2015
general election) leaves Tsipras with little room for manoeuvre, especially given that his government has a considerable reform task ahead of it. The coalition has not yet tackled tricky issues like... has nine MPs, to bolster the coalition. In psychological terms, the loss of two MPs (even though
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