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Newsletter 502 - 24/04/2026
exceeded 12 billion euros, reaching 4.9 pct of GDP. The new package extends two measures introduced last... debts and unpaid obligations. The measures are due to reach 1.87 million pensioners, over 1 million
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Newsletter 507 - 05/06/2026
below the 3% parliamentary threshold, often around 1–2%. New Left, the SYRIZA breakaway formed last... voters still numbering around 12–17%, and with both new parties drawing support from across
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Meeting of Greek and Turkish foreign ministers not expected to yield breakthrough
PoliticsForeign Policyministers of Greece and Turkey on November 8. The talks are due to take place in Athens and could define... for two scenarios that could emerge from the November 8 meeting. The first, which is rather unlikely... is certain is that the meeting on November 8, will prepare the ground for the Mitsotakis-Erdogan
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Greece - Some structural macroeconomic arithmetic
Agoragrowth. Consider Table 1 below, which presents recent growth outlooks for Greece by the Ministry... suggests that trend output growth sits around 1¼ percent a year. The OECD seems to be below 2 percent... are average workers in the economy becoming more efficient to make up for fewer in number.[1
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Three-quarters of Greek workforce struggles to make ends meet
Societyin the previous 12 months, almost five times the EU average (12 percent). Despite the massive job losses caused... in the previous 12 months, in the EU the average is 57 percent. The same number (57 percent) of Maltese... with their Spanish counterparts, Greeks were again more likely (19 percent, above the EU average of 12
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Has external competitiveness been fixed in Greece?
Agorathe euro zone is an important indicator of significant progress. Figure 1 above shows some summary... in these calculations from figure 1 above? The lower bold line of figure 1 is the IMF’s REER.... Why 1992? We will explain shortly. Let us first look for the same concept of the REER in figure 1
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The case of SYRIZA's fiscal performance
Agoraas regards the overall fiscal balance on an ongoing basis. Figure 1 below shows in the bold line what this 12-month moving average looks like from December 2013 through August 2021. Figure 1 also... be rolled over, and that no new net debt be incurred.[1] To allow for “normal” shocks and noise around
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Economy. Primary expenditure was marginally up (0.3 percent) in August, bringing the 8 months figure down 9.1... have excluded it from the aforementioned figures. It is also noteworthy that the 8 months cash deficit... procurement and consumption where 8 months figures accounted for just 15-30 percent of the annual
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ILO highlights social impact of Greek crisis, proposes change in policy
Societyprotection cost were old-age related spending (11.3 percent of GDP) followed by sickness related benefits (8..., which retreated by almost 8 percent over this period. The overall decline in social protection... between 2009 and 2010 and further by 8 percent in the first half of 2011, while admissions to private
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Mitsotakis earns space to govern with big win, Tsipras limits damage
PoliticsGreek Politics, SYRIZA increased its support by 8 points, while ND saw a rise of 6.5 points in its support. Movement... his party. The large swing of voters towards ND, the winning margin of almost 8 points... SYRIZA’s more radical left roots. KINAL held its own by gaining almost 8 percent of the vote, which gives
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