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Voutsis douses Grexit speculation
Parliament speaker Nikos Voutsis has doused renewed speculation about a Greek exit from the euro area in the wake of comments by SYRIZA's parliamentary spokesman Nikos Xydakis that MPs should hold a debate about the crisis-hit country's membership of Europe's single currency.
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“Italexit” more likely than “Grexit”, study claims
A recently published report by the German institute Sentix reveals that Greece is no longer considered the most likely country to leave the Eurozone. According to its survey of over 1000 investors and analysts, Italy now occupies first place.
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Wolfgang Schaeuble: Greeks would have suffered only once because of Grexit
German Finance Minister Wolfgang Schaeuble brought up indirectly the Grexit issue speaking at an event in Hamburg.
Mr. Schaeuble expressed the view that Greeks would have suffered only once because of a Grexit avoiding this “endless painful process” and the “tough measures” that Greek people are now experiencing.
Montenegro PM Cuts Short Govt's Summer Holiday
Djukanovic has slashed the government's traditional three-week summer vacation to two weeks, citing crucial tasks that need to be addressed, media reported on Wednesday.
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French FinMin says Schauble wrong on Grexit
In an interview to German Handeslblatt French Finance Minister Michel Sapin blasted his German counterpart Wolfgang Schauble on his plan for a temporary Grexit. Sapin points out that Schauble is in the wrong on the Greek issue, adding “…he contradicts his own will for Europe”.
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S&P upgrades Greece’s sovereign rating; outlook now stable
Standard & Poor’s on Tuesday upgraded Greece’s sovereign credit rating to CCC+ from CCC-, with the ratings firm going further and revising the country’s outlook to stable from negative.
In a statement, S&P said it believes the possibility of Greece leaving the euro zone by 2018 (Grexit) has fallen to lower than 50 percent, although adding that the risk “is still high.”
France assembly overwhelmingly approves of Greek bailout
French lawmakers overwhelmingly approved the latest Greek bailout deal on Wednesday, with Prime Minister Manuel Valls warning that it was the only path out of the crisis.
The French National Assembly (the lower house) backed the agreement by 412 votes to 69. The Senate vote followed, 260 approving opposed to 23 against.
Greece was humiliated says Austrian Chancellor
The Austrian Chancellor, Werner Faymann said a Grexit could not be ruled out despite the deal reached between Greece and its EU partners Monday morning. In an interview Tuesday, to Austrian newspaper ‘Kurier’ he confirmed reports that at one the atmosphere during the negotiations was bitter and acrimonious.
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Leaked during Eurogroup! Read the German paper suggesting a 5-year Grexit
Greek Parliament VP: SYRIZA has failed
The Vice President of the Greek Parliament and SYRIZA MP, Alexis Mitropoulos warned the party was mutating into a neo-liberal party and was being forced to implement a suffocating and anti-social platform. Speaking before the party’s meeting Friday, Mitropoulos did not hold back, as he unleashed harsh criticism against the government.
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