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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek PoliticsThe government is set to announce later this week the enhanced package of relief measures aimed... would be worth 1 billion euros, designed to assist up to 4 million households and businesses... set out in the original budget and this is where Athens hopes that there will be some flexibility from
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Newsletter 333 - 01/04/2022
of 1 pct in 2022. Due to the increase in economic activity that was anticipated at a growth rate... last year and exceeds the target set for 2022 by 48 million euros. This is an overperformance of 13 pct. If fuel prices are set to continue at elevated levels, even before the impact from the Ukraine
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicsof the crisis. He presented the latest set of measures as an attempt to rectify this. Government sources suggested that the previous scheme was not particularly helpful to around 1 million households... the crisis began. The new subsidy scheme will be rolled out in July. The previous set-up will remain
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Relief measures being lined up, but PM's eye also on reforms rollout
PoliticsGreek Politics. Reports over the weekend indicate that New Democracy is set to unveil another round of the Fuel Pass... on actuarial models based on the repurposing of a 1 pct special contribution of public sector employees... to conclude up to 50 actions by the end of the year and to complete the reform programme it set out in 2019
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Government struggles to shake off impact of wildfires
PoliticsGreek Politicsand opposition are preparing for two key set-piece events in the coming days, which they hope will revive... Vassilis Kikilias revealed on Saturday that since May 1 the fire service has made almost 150 arrests... recently published a set of broad policy positions. The first round of the vote to elect a new SYRIZA
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Newsletter 401 - 10/11/2023
than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party KKE has... signsGreek banks completed this week their round of 9M 2023 results with another set of solid numbers... from 46 pct for Alpha Bank, close to 60 pct for Piraeus and 55 pct for Eurobank. The latest set
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PM prepares to reaffirm political dominance in EP elections
PoliticsGreek Politicsand the bill allowing foreign universities to set up branches in Greece. The university bill passed through... the identity of some of the hopefuls. The unveiling of the candidate list is set to be accompanied by more... by 1 point to 29.5 pct, while PASOK’s ratings also dropped by half a point to 12 pct. SYRIZA saw its
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Newsletter 420 - 12/04/2024
by the Bank of Greece in its annual report this week, is to set aside fiscal space and use it instead... the planned increase in pensions, set by law as the average of inflation and GDP growth each year..., the rise in bread, meat and fish ranging from 1 to 5.7 pct YoY, with vegetables also up by 4.1 pct
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Government touts upgrades to civil protection amid early start to wildfire season
PoliticsGreek Politicsleadership set to outline upgrades to the response mechanism in reaction to the catastrophic... on May 1. The announcement came as 25 fires were recorded over a period of 24 hours earlier this week... on their existing capabilities, as the Aegis programme is set to start delivering no earlier than 2025
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek Politicsinterventions that the government is mulling for after the polls. Mitsotakis has set the goal...” will be cuts to employee contributions. The government is believed to be considering a reduction of up to 1... let platforms. Existing legislation already gives the government powers to set limits within certain
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