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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammesustainability analysis (DSA) for Greece, the first revision since the one conducted in the context... in the period from 2023 to 2060. The Commission also presents two scenarios of higher risk; one... meets the broad criteria of sustainability set by the Eurogroup in the summer of 2018, where gross
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PM identifies pending pensions as key problem, while row brews over media law
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has identified clearing the pensions backlog as one..., the institutions noted that the amount due in pensions that have yet to be paid out is set to reach... earlier this year by the European Stability Mechanism managing director, Klaus Regling, in one
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Newsletter 282 -29/01/2021
there are points of convergence for potential negotiations on one and only issue: the delimitation... party in order to secure broad support. SYRIZA argues that this has set Mitsotakis on a path where he.... That was followed by one more transaction before Greece lost market access and ended up in an adjustment
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Minister's clash with catering sector highlights pitfalls ahead as pandemic squeezes economy
PoliticsGreek Politicsto Kathimerini, the food service sector – one of the worst hit by the lockdowns – is poised to seek compensation... earnings. It is, therefore, no surprise that the Finance Ministry is, according to Kathimerini, set... sector. Georgiadis Apart from being one of the Greek economy’s key employers, the catering sector has
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Running the wrong way: Rama's spat with the EU over vaccination underlines growing frustration
Agorahe has had with European counterparts. However, one would have expected that the OSCE Chairperson... With his second term coming to an end, during which his party has governed largely unchecked, Rama has set... was granted candidate status within one year of his first mandate in 2014, progress on opening accession
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Labour market developments in Greece during Covid-19
Agoraas one or even two decades for reforms to take full effect across sectors and labour market participants... to bringing unemployment down. Participation. One cause of lower unemployment, besides new GDP... declined. The sobering observation includes the acknowledgement that this development had already set
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Re-opening plans hang in balance due to unrelenting virus
PoliticsGreek PoliticsThe government does not seem set to abandon its hopes of further relaxing restrictions on economic... is attempting to turn up the pressure on SYRIZA and one of its leading representatives, former digital policy... been accused of trying to help one of the bidders, businessman Yiannis Kalogritsas, to obtain
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agora, it could expect to see a delivery curve along the lines of the one recently published for Germany... of April. Two mega-vaccination centres have been set up in Athens and Thessaloniki under..., and the prospect of another “lost summer” is one which policy makers would prefer not to contemplate. No further
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Govt ponders Covid measures for Easter as pandemic handling comes in for more scrutiny
PoliticsGreek Politicsfor the home kits is coming under greater scrutiny after it emerged over the weekend that one of the companies... to have been set up just days before the tender was launched and by owners who had no experience... Covid death rate has recently risen to one of the highest in Europe, above the EU average, while
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Vaccines provide govt with hope of pandemic exit as labour reform battle gathers pace
PoliticsGreek Politics, around 19% of Greece’s population had received at least one Covid-19 jab, while almost 8% had... of June. One blight on the Greek vaccination programme so far is the low take-up among older... that this kind of criticism will soon become a thing of the past. With economic and social activity set
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