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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politics. The central bank kept interest rates unchanged Thursday, leaving the benchmark refinancing rate at 0... bond buying scheme. Nevertheless, markets started to price in the interest rate hikes. Traders are pricing a quarter-point hike in October compared with December before the meeting and see the key rate
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SYRIZA challenges govt over Covid deaths again as pandemic numbers rise
PoliticsGreek Politicsthe virus and the high mortality rate at public hospitals had contributed to an erosion of trust..., highlighted an extremely high mortality rate (88.4 pct) for intubated patients who did not receive... rate in ICUs was 62.5 pct, when the European average was 25-35 pct,” he added. ND response Health
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Newsletter 332 - 18/03/2022
mortality rate at public hospitals had contributed to an erosion of trust in the centre-right... of the weekUnemployment Greece’s monthly unemployment rate in January stayed unchanged from the previous month at 12.8 pct. In January 2021, the rate was 16.2 pct. Although it dropped below the four-million mark
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Where is Odysseus? Part 1 - Demographics
Agora) have led to a moderation in the rate of decline in the population. The figure is important, because... of the economy are affected. The (structural) growth rate of the economy, going forward, will be slower... participation rate in the economy. *Bob Traa is a macroeconomist and author of "The Macroeconomy of Greece
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Marginal growth for PMI in April as headwinds intensify
EconomyMacroeconomyand the rate of growth picked up from the previous month’s low. The rise in input costs was noticeable.... The rate of rise in input costs was the highest seen since September last year. Employment... the rate of new order growth quickened slightly, it remained only marginal, with the upturn in output
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Rising bond yields a concern, but not an immediate fiscal problem
Economyin 2017 and has a coupon of 4.375 pct. The interest rate margins of the GLF loans have been... rate of the EFSF loans has been deferred for 10 years until 2022 and the ESM loans have rates close... expensive market rates. Undoubtedly, Greece is in a situation where its interest rate bill will get
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Where is Odysseus? Part 5 - Productivity
Agorabehind the 2018 Path that was envisaged. We may summarize that the compounded growth rate...). The marginal growth rate of productivity that Odysseus had foreseen after 2018 was a recovery to 1.5 percent a year. The actual realized productivity growth rate in recent years has been slightly
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Summer Covid wave sparks fresh warnings, as opposition unites on gender-based violence
PoliticsGreek Politicsof the rising death rate, after the spokesman for the government’s expert committee claimed on social media... underrepresents the true infection rate, as despite the widespread availability of self-tests... health system for the high death rate. In a social media post, the party’s press spokesman Nassos
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Where is Odysseus? Part 6 - Potential real GDP
Agorarate for the period 2022-2100 reflected in these numbers is 0.6 percent a year for the baseline... not have a growth rate of 3 or 4, or even 5 percent, but these high growth rates are not average.../Greece 2022 baseline from 2070 through 2100, we have kept the productivity growth rate at 1.5 percent
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Newsletter 351 - 16/09/2022
the reduced VAT rate for transport, coffee and cultural events until next June and continuing... in the same month of 2020 they stood at 788,361. The latest rate is 12.6 pct for July, from 14.1 pct last... in the first two quarters of the year. At this rate the property market growth will surpass the 7.5
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