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Greece's debt capitulation has political risk

Content type:: Expert Briefings
Location:: GREECE/EURO-AREA
Keywords associated with this article:: Geographic: Greece EUR EU Germany IMF-World Bank GREECE/EURO-AREA

Topical: economy international relations politics debt government party reform talks industry social banking electricity employment exchange rate fiscal growth health labour legislation pensions public sector wages welfare
ISSN:: 2633-304X
Citation:: Oxford Analytica (2015), "Greece's debt capitulation has political risk", Expert Briefings.
https://doi.org/10.1108/OXAN-DB197938

Thursday, February 26, 2015

Significance

Impacts

Syriza will have to tread cautiously on contentious aspects of policy such as privatisation where hard-liners want a halt to sell-offs.
It has committed to tackle tax fraud, evasion and smuggling, which could make it influential enemies.
Private deposit flight from Greek commercial banks since December is straining their resources and compromising their profitability.

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