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Where is Odysseus? Part 4 - Unemployment and Employment
Agorathat the natural UR could settle around 7½ percent of the labor force. Employment growth has since been robust... will combine the baseline estimate of the LF with the baseline estimate for the UR. For the low
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OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomyupped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although this revision does not come from higher investments but more robust private consumption spending, which is now... than the previous estimate at 2.8 pct growth, from 5.6 pct. This is also significantly below
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomy, which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound of 5 percent is anticipated for 2016 albeit lower than the 7.7 percent previously forecasted. The OECD... for 2016, which is broadly similar to the previous estimate. According to the OECD, gains
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingof lending. NPEs are the main source of vulnerability as net of provisions they constitute 140 pct... of new NPEs was substantial at 7.4 and 7.7 billion in 2019 and 2018, compared to 6.2 and 6.8 billion
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Car sales drop by 18.8 pct in February
EconomyMacroeconomy. In February 2020, the year-on-year change showed a rise of 7.7 percent. Car sales for the month came... up of lorries (2,474) and buses (140). Motorcycle sales were unchanged from a year earlier
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Wildfires and healthcare failings test government over summer season
PoliticsGreek Politicson social media that the x-ray technician and her union had been inconsistent in their accounts... to the figures provided by the EU’s Copernicus satellite system, which estimates that 22,916 hectares have
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Newsletter 400 - 03/11/2023
the social media platform X. Lianos, who was appointed by the current government, clarified... has estimated that after its new taxation intervention some 473,000 self-employed will end up paying
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomythat the Q4 QoQ rate was downward revised for the -0.2 percent flash estimate released on February 13... to 1.7 percent in 2015 and further to 2.2 percent in 2016. Investments Gross fixed capital formation... and resulting in a 2.2 percent rise in the full year figure. Note, though, that over the past six years
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Newsletter 487 - 05/12/2025
reaffirmed Greece’s strong fiscal delivery on its commitments. The outlook remains robust over... in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When
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