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Growth strategy sets out reform targets, broad policies for post-MoU era
EconomyProgrammeof 2021. Sustainable growth initiatives start in the third quarter of this year, with the reinstatement... forecasts at 2.3 percent this year and 2.5 percent in 2019 on the back of improved investment sentiment... between 2021-2022 as employment will grow by 1.8 percent per year, leading to a reduction
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Parties mark out battle lines for next elections
PoliticsGreek Politicssnap elections later this year in a bid to capitalise on the programme exit and any positive sentiment... that followed the murder of teenager Alexis Grigoropoulos in December of that year. This drew... elections this year, while 49 percent are against the idea.
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyestimates by the authorities that the situation could be contained within the second quarter of the year... bonds up to January this year and by collecting all wider sector deposits in the Bank of Greece... on the debt levels. At the end of last year, debt stood at 356 billion euros. It was meant to continue
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RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
PoliticsGreek Politicsstates for the six-year funding programme. Greece qualifies for just under 32 billion euros of funding... the country’s ten-year recession. With final version approved on Monday, the committee’s report is credited... in scope, amounting a ten-year plan for the transformation of the Greek economic model. The report
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Newsletter 484 - 14/11/2025
presidency next year, interconnectivity will be a priority — and Mitsotakis will be keen to show... was stable in October with a CPI rise of 2 pct year-on-year (YoY), from 1.9 pct in the previous month... was the signing of the US-Greece Economic Security Declaration, outlining cooperation across seven pillars
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgrammewill be effective as of the beginning of next year. 5) Increase in the contribution for employees... revenues unchanged at 100 million in each year, although market sources indicate that this is very... includes four pillars: VAT, pensions, corporate and income tax and other measures. We present below
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
Economytheir year-to-date losses stand at 7.6 percent. Bank shares fell sharply by 7.5 percent on Thursday... of the year. The stocks that recorded the biggest gains were Hellenic Petroleum (+3.5 percent), Titan... on April 28. Thus, the bank will be the first without any reliance on any of the three pillars
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Greece 57th in WEF's Global Competitiveness Index based on new methodology
EconomyFeaturesfour places in a year, standing at number 57. The annual report, compiled and released by the World Economic Forum, tracks the performance of almost 140 countries against 12 pillars of competitiveness... report uses new methodology which recalculates Greece’s position last year at number 53 out of 140
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New government sets sights on sustainable and wide-reaching tourism industry
Economyand sustainability would be the key pillars of Greece’s ten-year strategic plan for tourism. He added that “Our job...Greece’s new tourism minister, Haris Theocharis, has said that Greece needs a ten-year plan to boost the country’s vital tourism sector. Noting the stability of the tourism industry in recent years
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Greece tugged down in WEF competitiveness ranking by financial system, institutions
EconomyFeaturestwo places in a year, standing at number 59, even though there was a slight rise in its score... preceding Greece in this year’s report were Brunei Darussalam (56), Colombia (57) and Azerbaijan (58... countries against 12 pillars of competitiveness. It assesses the factors and institutions
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