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  1. Trust levels fall again as public perceptions trail economic progress
    Photo by MacroPolis

    Society

    the Olympic Games, when more than half of the population reported that they tended to trust... economic recovery was markedly faster than in the 2010s. Per capita GDP returned to its pre‑2020 level... positive than the OECD average. Satisfaction with administrative services remained unchanged at 54

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  2. A fierce political clash over medicine prices in Greece

    PoliticsGreek Politics

    of medicines being lowered but the legislation has proved far more controversial than its content would.... Of this, about half was spent by the state. This is substantially lower than when the crisis began... is for government spending on medicines to be no more than 1 percent of GDP, or 1.7 billion euros. One

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  3. Debt relief or debt restructuring for Greece?

    Agora

    to the conclusion of the first economic adjustment programme more than 85 percent of Greece’s sovereign debt.... It took no less than European Commissioner for Employment Laszlo Andor of Hungary to get... output in 2013 would surpass by more than 20 percent where Greece’s debt-to-GDP ratio stood in 2010

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  4. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    that more than 60 percent of households (2.55 million) are homeowners without any mortgage... of 7.3 percent, whilst the respective rate for inhabited houses larger than 100 sqm posted an annual... share (4.8 percent) in 2008 was registered from households with income less than 750 euros. This more

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  5. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    , the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than the 2.3 percent included in the Medium-Term Fiscal Strategy (MTFS) 2015-18, but still higher than... than the 2.5 percent incorporated in the MTFS and slightly below the EAP target of 3 percent

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  6. Newsletter 8 - 19/12/2014

    Newsletters

    Dimas gathered just 160 votes – less than even the most conservative estimates had expected... are among more than a dozen MPs who are considered possible supporters of the government candidate. Even... than four years in Q3, when it rebounded by 2.1 percent. This was only the second positive reading

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  7. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    deposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3... in excess of the euro area average of 1.05 percent and more than 60 bps higher than the respective... a sharp rise of 51 bps posted in October. However, this rate still stands more than 2.5 percentage points

    3%

  8. Sowing the seeds of anomie in Greece
    Photo by Harry van Versendaal

    Agora

    implored the party’s lawmakers to be “whiter than white, purer than pure”. Unfortunately, it didn’t... to the hilt. It appears to be a case of wanting to avoid short-term political pain rather than laying... to understand why he did not receive more severe punishment than a one-year suspended sentence. An average

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  9. Greece: After a deal, work on a solution
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    will be a short-term fix rather than a long-term solution. Instead, Greece must formulate a long..., such as Finland, or have a less hawkish stance than Germany, such as France and Italy. For Portugal and Spain... its labour market considerably since 2011, and it is now more flexible than Germany’s, according

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  10. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    were oversubscribed more than 1.5 times amid strong interest - primarily from international... this 5-month period shows that households withdrew 22.3 billion euros making up more than 70 percent... than 42 percent of outflows were and remain in cash and are stored, particularly by households

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