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20 May 2015, 21:02 CET

Expert analysis, features and profiles of key topical issues in the European Union.

Juncker hopeful of Greek debt deal by August 20

Posted by EUbusiness at 05 August 2015, 11:50 CET |

European Commission head Jean-Claude Juncker believes an agreement on a third bailout for Greece is likely this month, hopefully by August 20 when Athens must make a key debt repayment.

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Fears of humanitarian crisis in Serbia as refugees stream in

Posted by EUbusiness at 31 July 2015, 05:07 CET |

At the crack of dawn hundreds of refugees, most of them Syrians, stream into Serbia's southern valley of Presevo after a perilous journey they hope will lead to a new life in the European Union.

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A frosty welcome for Greece's hated creditors

Posted by EUbusiness at 27 July 2015, 05:27 CET |
Filed under: Greece, politics, debt, troika, FOCUS

In Greece, hospitality is a concept as old as the Acropolis. But the country's hated creditors cannot expect the usual warm welcome when they arrive this week to thrash out a third huge international bailout.

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Greece's headache: how to lift the capital controls?

Greece's headache: how to lift the capital controls?

Posted by EUbusiness at 26 July 2015, 06:05 CET |

It is just the headache Greece's government does not need right now: how can it loosen the capital controls that are shielding its banks, but strangling the rest of the economy?

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Capital controls: how Greece is protecting its banks

Posted by EUbusiness at 26 July 2015, 05:00 CET |

Greece introduced a raft of capital controls on June 29 to stop a panicked outflow of cash from the country's banks, in a dramatic escalation of its financial crisis.

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From cats to rhinos, Greek crisis takes toll on animals

Posted by EUbusiness at 24 July 2015, 14:07 CET |
Filed under: Greece, politics, debt, animal, FOCUS

Hundreds of cats are loose on the streets, and food is running low for some residents of Athens' zoo. It isn't just humans who are suffering as Greece tries to claw its way out of economic crisis.

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Greek business exodus to 'safe haven' Bulgaria

Posted by EUbusiness at 24 July 2015, 06:07 CET |
Filed under: Bulgaria, Greece, economy, business, FOCUS

Faced with a deep economic crisis at home, at least 11,000 Greek companies have found a safe haven in neighbouring low-wage Bulgaria -- the poorest member of the European Union.

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Greek PM's austerity gamble sows deep divisions in Syriza

Posted by EUbusiness at 23 July 2015, 19:27 CET |
Filed under: Greece, politics, debt, Syriza, ANALYSIS

Prime Minister Alexis Tsipras has won a difficult gamble in convincing the Greek parliament to agree to tough reforms demanded by Greece's creditors, but he is paying the price of deep splits within his radical-leftist Syriza party.

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Alexis Tsipras: selfless statesman or sellout?

Alexis Tsipras: selfless statesman or sellout?

Posted by EUbusiness at 22 July 2015, 05:00 CET |
Filed under: PROFILE, Tsipras, Greece, politics, debt

The jury is still out on whether Prime Minister Alexis Tsipras is the man who capitulated to "blackmail" from Greece's international creditors, or pulled his country back from the abyss.

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Not yet finalized, new Greece rescue is already in question

Posted by EUbusiness at 18 July 2015, 17:20 CET |
Filed under: IMF, ANALYSIS, Greece, politics, debt

The third rescue plan for Greece has not even been finalized but already the parties at the center of the deal are raising doubts over its viability.

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German hardline finance chief Schaeuble, Europe's 'new boss'?

German hardline finance chief Schaeuble, Europe's 'new boss'?

Posted by EUbusiness at 17 July 2015, 17:55 CET |

Germany's Finance Minister Wolfgang Schaeuble insists he is deeply pro-European, but for many his unbending stance on Greece has cast him as a villain in the struggle to save Athens from crashing out of the euro.

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Greeks spend their locked-away euros

Posted by EUbusiness at 16 July 2015, 04:32 CET |

Use it or lose it: that's the plan for many Greeks, who have been going on a credit card-fuelled spending spree as the economy has tanked out of fears their cash could be confiscated or devalued.

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Germans lament diplomatic 'disaster' in Greece talks

Germans lament diplomatic 'disaster' in Greece talks

Posted by EUbusiness at 14 July 2015, 05:20 CET |

Chancellor Angela Merkel may appear to be the victor in the Greek bailout stand-off but many Germans looked on in dismay at the heavy cost to the country's image.

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Dijsselbloem: From virtual unknown to 'Mr Euro'

Dijsselbloem: From virtual unknown to 'Mr Euro'

Posted by EUbusiness at 13 July 2015, 19:05 CET |

Dutch Finance Minister Jeroen Dijsselbloem, re-elected on Monday to a second term as Eurogroup chairman, has in two years risen from virtual obscurity to a respected and unflappable dealmaker who helped guide Europe through the worst hours of the Greek debt crisis.

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Greek debt accord destroys euro illusions

Posted by EUbusiness at 13 July 2015, 18:30 CET |
Filed under: politics, debt, ANALYSIS, Greece

The euro was supposed to be "irreversible", binding the EU ever closer, but the draconian terms demanded of Greece for a new bailout may have destroyed that illusion forever, analysts said Monday.

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Critics on left and right slam Greece debt 'coup'

Posted by EUbusiness at 13 July 2015, 18:12 CET |
Filed under: Greece, politics, debt, parties, FOCUS

Politicians on the far left and right accused European powers of negotiating with a "gun to the head" of Greece and terrorising and colonising it through Monday's new debt deal.

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'Sell your family heirlooms', but can Greece raise the cash?

Posted by EUbusiness at 13 July 2015, 17:27 CET |

It's an ambitious idea to say the least: Greece and its creditors want to raise 50 billion euros via privatisations, but previous attempts to sell off the country's assets have yielded meager results.

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Several eurozone parliaments to vote on new Greek debt deal

Posted by EUbusiness at 13 July 2015, 16:32 CET |

Even if Greece and its European partners finally reached a deal on a third aid programme in gruelling weekend talks, it must still be approved by eight different national parliaments.

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Greek crisis strains Franco-German relationship

Greek crisis strains Franco-German relationship

Posted by EUbusiness at 13 July 2015, 00:55 CET |

On the frontline of the Greek debt crisis, the Franco-German partnership is in open conflict with Chancellor Angela Merkel and President Francois Hollande deeply divided over how far to go to keep Greece in the eurozone.

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Greece's Tsipras faces storm at home over debt talks

Posted by EUbusiness at 12 July 2015, 21:47 CET |
Filed under: Greece, politics, debt, parliament, FOCUS

Whatever the outcome of wrangling in Brussels over its debt problems, Greece may be heading for further political turmoil as defections by leftwingers weaken Prime Minister Alexis Tsipras' grip on government.

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