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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... Central Bank regulations as part of the pandemic-related framework, banks are not allowed to pay out... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politicsfor pensioners whose retirement pay did not increase this year due to the so-called “personal difference... with the 72- and 120-instalment schemes to pay off their dues to the state will be allowed to rejoin... by the energy crisis. If they pay an amount equal to two of the missing instalments, they will be allowed
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Government focusses on cost of living with economy bill, push for lower ferry prices
PoliticsGreek Politicsfor food and drink rose to 12.2 pct in June. The socialists point out, for example, that the pay... is considering a new approach that will separate debtors struggling to pay and those not willing to pay
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Newsletter 475 - 12/09/2025
million euros went to pay increases for uniformed personnel in the armed and security forces. Political... will pay no tax on their first 20,000 of income, while those between 26 and 30 years for the 10,000-20,000 will pay tax of just 9 pct. This leads to significant income gains that for 15,000 annual incomes
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Growth treads water as PM targets relief for households
EconomyMacroeconomypart of the PM’s package worth 280 million euros went to pay increases for uniformed personnel.... Young taxpayers up to the age of 25 will pay no tax on their first 20,000 of income, while those between 26 and 30 years for the 10,000-20,000 will pay tax of just 9 pct. This leads to significant income
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Multiple facets of inequality in Greece: a decade of divergence between data and daily life
Societyhere, structural gaps persist: the gender pay gap remains entrenched, and regional disparities... of the highest private health expenditures in the EU, with households often forced to pay out of pocket... the poverty line were unable to pay their mortgage, rent or utility bills on time in 2024–2025
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Greece - On the importance of productivity growth
Agorasize of the economy. More people tends to translate into bigger economies, and this can influence... a declining population leads to a shrinking labor force. Internally, population decline can generate... slow down or even decline and the population shrinks, distributional issues can become acutely
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New asylum law comes up against old failings
Agoraclass where children and adults can be taught. Here, on the outskirts of The Hague, there is a sense that people fleeing their homelands can regain some peace and be treated with respect while... that if it is a complex case, requiring more time for investigation, the process can take up to six months. Appeals
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Newsletter 438 - 25/10/2024
spokesman Nikos Pappas at an event recently. The image sparked much tongue-wagging in political and media... been trying to build a head of steam after Nikos Androulakis was re-elected as its leader. Two... of internal elections which saw Nikos Androulakis confirmed as leader after a largely civilised contest
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Where is Odysseus? Part 3 - Participation
Agoraquestion is: how high can the participation rate go? Not everyone of working age can work... and not assume that the productive potential of the economy (the supply side of GDP) can deliver as large...! How can Greek workers working less (lower participation rates) be reconciled with Greek workers
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