Greek government coalition on edge over Macedonia name deal



Greece’s right-wing defence minister announced on Sunday that he was pulling his party out of government in protest at a deal to end a long-running dispute with Macedonia over its name.

The resignation of Panos Kammenos plunged the future of the coalition government into uncertainty as Greece prepares to hold national elections in a few months.

Mr Kammenos, whose Independent Greeks party is a member of the government of Alexis Tsipras since 2015, has long opposed the accord with neighbouring Macedonia, which the latter formally ratified on Friday.

After meeting the prime minister on Sunday morning, Mr Kammenos said he would also pull six other ministers from his party out of the government.

The Independent Greeks party has seven MPs, enough to get Mr Tsipras's administration past the threshold of 150 deputies in the 300-member parliament. Mr Tsipras's Syriza party has 145 seats and the support of one independent MP.

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Read more: 

Macedonia lawmakers in final debate on renaming country

Deputies agree historic name change for Macedonia

To be or not to be Macedonia?

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The departure of his political ally has left the prime minister bereft of a parliamentary majority, raising the possibility of snap elections. Mr Tsipras said on Sunday he would call for a confidence vote in his government, which is expected to take place later this week.

“I have taken my decision and have informed the president of parliament that we will immediately move to the process outlined by the constitution for the renewal of the confidence in my government,” Mr Tsipras said.

Mr Kammenos has been publicly hostile to the deal with Skopje, which renames the Balkan country Republic of North Macedonia.

As Greece has a province called Macedonia, it has long demanded Skopje change its name. Athens claims its neighbour’s name is an implied claim to Greek territory.

For decades, the northern state was known as the Former Yugoslav Republic of Macedonia in order to join international organisations, but the workaround was insufficient for Greece to approve any EU or Nato accession talks with Skopje.

Mr Kammenos, however, rejected any claim to the name “Macedonia” on the part of the Balkan country and said the deal was a sell-out.

The government is hoping the deal will still go ahead with the support of centre-left and independent MPs.

Greece and Macedonia had formally agreed to the deal in June last year, but ratification is needed from the parliaments of both countries for it to become effective.

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Profile of Tamatem

Date started: March 2013

Founder: Hussam Hammo

Based: Amman, Jordan

Employees: 55

Funding: $6m

Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media

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Gulf rugby

Who’s won what so far in 2018/19

Western Clubs Champions League: Bahrain
Dubai Rugby Sevens: Dubai Hurricanes
West Asia Premiership: Bahrain

What’s left

UAE Conference

March 22, play-offs:
Dubai Hurricanes II v Al Ain Amblers, Jebel Ali Dragons II v Dubai Tigers

March 29, final

UAE Premiership

March 22, play-offs: 
Dubai Exiles v Jebel Ali Dragons, Abu Dhabi Harlequins v Dubai Hurricanes

March 29, final


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