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In the absence of light, darkness grows
AgoraTen days have passed since the European Parliament elections and New Democracy’s top-ranking committee has just held a meeting to assess the poll results. One can only look upon the panel’s reported... its ceiling.” Let’s examine the thinking behind this last statement. According to the leaks from
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsGikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s... was in charge of ex-Prime Minister Kostas Simitis’s economic office between 2000 and 2004. He held... in the formation of Greece’s second Memorandum of Understanding with the troika and the haircut
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UnLuCky for some: Another painful lesson from the euro crisis
Agorafor tolerance. Over the last year and a half one of the three key players in Greece’s crisis management team has repeatedly and openly admitted that the prescription for addressing the country’s predicament was wrong. First, the International Monetary Fund’s chief economist Olivier Blanchard, a highly
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Newsletter 4 - 21/11/2014
correct any deviations that may arise. All the president’s men Scenarios leave PM short of votes needed...’ parliamentary group, consisting of 13 MP, agreed this week to back leader Panos Kammenos’s decision... as soon as possible. However, less than 24 hours later, one of the party’s MPs – Panayiotis Melas
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Newsletter 9 - 30/12/2014
, triggering snap elections on January 25. The government’s presidential candidate, Stavros Dimas, failed... coalition partners if Alexis Tsipras’s party forms the next government. The outcome of the snap... the advantage of having a victory, albeit not convincing, in May’s European Parliament elections under
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Newsletter 13 - 30/01/2015
SYRIZA aims for major change Basis of discussion with lenders not clear yet SYRIZA’s clear election... Independent Greeks (4.75 percent and 13 seats), mark a new and uncertain phase in the country’s... parties signals Prime Minister Alexis Tsipras’s intention to drive a hard bargain with Greece’s
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Newsletter 51 - 12/11/2015
. It is noteworthy that, although the ECB’s Single Supervisory Mechanism (SSM) has not formally responded... are believed to have accepted the voluntary offer. Since the bank’s total capital needs (under... officials locked in negotiations with the country’s lenders while a deadline looms ahead. In a replay
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Newsletter 58 - 15/01/2016
for main pensions, which would increase to 3.7 billion, or 2 percent of GDP, if the court’s decision..., Mitsotakis saw off the competition from his rival Evangelos Meimarakis (52.4 vs 47.6 percent) to win Sunday’s... was estimated at 61.4 years, Mitsotakis’s win is seen as a shot in the arm for Greek liberals
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Newsletter 60 - 29/01/2016
negotiations with lenders on potential additional measures for meeting this year’s fiscal target of 0.5... Greece’s rating upgrade by one notch by S&P last Friday was followed by the Any agreement... the possibility of Greece being excluded from the Schengen area. The government’s problem
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Newsletter 76 - 03/06/2016
not reinstate the waiver on Greek government securities. The bank’s president, Mario Draghi, stressed... outlook published on Wednesday, the OECD’s latest estimates on Greece point to a marginal contraction... struggled to tie up the loose ends in the government’s bailout negotiations this week, the domestic agenda
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