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EBRD reports highlights demographic headwinds Greece has to navigate
Societyincome tax break for seven years. The country also offers Investment visas, a policy that has been... rates, Greece has benefited from skilled net immigration. Technology, AI, and Labor Market... response to workforce ageing. However, the shift toward age-friendly jobs has been less pronounced
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Macroeconomic fundamentals for Greece
Agorain the WAP (15+) has resumed its decline, after a spike in inactivity during the Covid pandemic in 2020-21... underneath this development is the participation rate (PR= LF/WAP). Greece’s PR has always been low... the excess (shortfall in) unemployment is absorbed. Greek unemployment has been falling continuously
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politics. The SYRIZA leader has tried to keep himself out of the matter as much as possible, which some observers have taken as a sign that he is frustrated with his close ally. All Tsipras has had to say... underhand tactics in association with the conservatives’ allies in the media. SYRIZA has chosen instead
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BoG charts how crisis has affected private sector employment
Economyprivate sector employment has been affected during the crisis. The first finding is related... period prior to June 2008. According to the study, the number of those registered with IKA has been moving upwards since early 2013 and from May 2013 has risen month on month. At the end of November 2013
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... and Spain. In Greece the top decile has a 56.1 percent share of wealth at the moment, which puts... in its group where there has been what Credit Suisse terms a “rapid rise” in inequality between 2007
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Tsipras has until Sunday to keep Greece in euro, must pass measures immediately
PoliticsGreek PoliticsGreece's European lenders told Prime Minister Alexis Tsipras on Tuesday that he has just a few days... of the possibility of a "black scenario" on Sunday. Athens now has to send a request for a new European... in such circumstances. This was by far the starkest message that Tsipras has been given since coming to power
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Greece's pursuit of normality has only one starting point
Agora) has still not been approved by the House of Representatives. The parliamentary discussions have been delayed since August 2015 due to political opposition. · Pressure for fiscal relaxation has... of the Telecommunications Authority. · The law on the State-Owned Enterprises' (SOEs) corporate governance has
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Athens puts off bond sale, has fiscal concerns to address
EconomyProgrammewithout having to risk a higher cost of borrowing than it would want. There has been some... the 7-year note. Finance Minister Euclid Tsakalotos has indicated that the government would like to sell.... In the meantime, the Finance Ministry also has a number of significant fiscal issues to contend
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Opinion polls suggest dispute with farmers has weakened ND's support
PoliticsGreek Politics14 pct in the previous poll, suggesting that the long gestation period has not helped the former PM’s... of taking up politics but has given no strong indication of her intentions. There is clear evidence.... Projections put the ruling party below the 30 pct target it has set itself, which is also short
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeThe Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two... banks to the Hellenic Financial Stability Facility (HFSF) in 2012 and 310 million from its cash reserves... has publicly insisted the coalition has enough cash to cover April’s funding needs, amid market
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