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SYRIZA's ongoing drama creates space for winner of PASOK leadership vote
PoliticsGreek Politicsto head to a extraordinary conference on November 8 and then the first round of the leadership ballot... 8 to overturn the decision to oust him as party president or, at the very least, to ensure that he
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Greece looks to cultivate ties with Egypt and Israel while keeping eye on Turkey's role in Syria
PoliticsForeign PolicyThe trilateral summit due to be held in Cairo on January 8 will host the leaders of Greece, Cyprus and Egypt and takes place at a critical moment for developments in the Middle East. Turkey’s active...,” the same sources underlined. The meeting in Cairo on January 8 will give all three leaders
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Sentiment and consumer confidence start 2025 with improvements
EconomyMacroeconomysharply to 0.4 points, from 8.5 points in December, now down by over 8 points from February 2024. Construction confidence was virtually unchanged to 13.4 points. The index is currently up by over 8
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Growth in property prices stable at 6.8 pct YoY in Q1
EconomyMacroeconomyprice increases of 8 percent YoY, from 9.2 percent in Q4 2024. During Q1, properties in Athens..., prices rose by 7.3 percent, and they increased by 8 percent in other areas of Greece. The annual
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Greek 2013 primary surplus confirmed at 1.5 bln euros
Economydebt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective from July 1. The MoF insisted on Wednesday that it could still meet
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Newsletter 170 -13/07/2018
to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos... rises by 1 pct in June Headline reading stays positive for third month of price rises The latest figure... Index (CPI) rose by 1 percent in June following an increase of 0.6 percent in May, Hellenic Statistical
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We can't ignore population shifts within the European Union
Agoraof the Netherlands.[1] These books are forward looking and start with an analysis of the demographics of each... from the east and south to the north and west. Table 1 below presents the data per country... in table 1, grew from 344 million to 468 million people between 1950 and 2020. The UN projects
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Where is Odysseus? Part 5 - Productivity
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... is more easily transmitted in graphs than in lengthy complex tables. Employment. Consider Figure 1, below....[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018
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Where is Odysseus? Part 6 - Potential real GDP
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found.... These calculations are reflected in Figure 1 below. The vertical line marks the current year 2022.... This baseline assumes that Greece still sees a recovery in labor productivity to 1 percent a year
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyconsumer price index is anticipated to peak to -1 percent in 2014 easing to -0.6 percent in 2015... to remain in surplus over the 3-year period at 1.2 percent of GDP in 2014, 1 percent in 2015 and 1.8... (from 26.7 percent) in 2015. An additional drop of 1 pp to 24.1 percent is projected for 2016
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