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Newsletter 346 - 15/07/2022
wants to see out his four-year term as PM, the government’s focus, and its communication strategy, has shifted to what further relief measures ND might be able to adopt in the autumn. The PM has already.... By then, the Finance Ministry will have a clearer picture of how much extra revenue tourism has generated
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Newsletter 347 - 22/07/2022
to reassure citizens that Greece has a credible plan to deal with the energy crisis over the winter... with what he claimed were “thousands of gaps in the fire service”. The opposition has long... that there has not been any significant progress in the state’s response to such natural disasters
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politics. The row over the rescue of a group of migrants on the Greek-Turkish border has also given... to be that the timing of the revelations over the peak of the summer holidays has worked in the government’s favour and that the public will be focussed on other matters. Mitsotakis has his eye firmly
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Where is Odysseus? Part 6 - Potential real GDP
Agora) aging effects on GDP from retiring and passing baby-boomers in the Greek population has declined... outlook has improved since 2018, but productivity has disappointed. The difference between the new... assumptions from the EU Commission, even in the face of sequential disappointments? This problem has
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Govt unveils affordable housing scheme, but struggles to shunt wiretapping aside
PoliticsGreek Politicsset out a raft of policies aimed at tackling the cost-of-living crisis, the government has tried... they are New Democracy. The centre-right party has long felt that it needs to do more to win over younger voters even though they tend to be less reliable than older members of the electorate, where ND has
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Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Economyof the leading agencies and has not taken an upgrade action since the end of 2020. DBRS on the other hand has Greece at ‘BB (High)’ that is one notch below investment grade by its rating table. Greece so far this year has one upgrade by S&P to ‘BB+’ that is also just one notch before the investment
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Turkey's new Libya MoU prompts swift reaction from Athens, which mulls further moves
PoliticsForeign Policyyear. Athens has been aware for some time now that the next few months will be challenging... government in Tripoli has no authority to conclude such deals given that its mandate expired following... sources appear quite satisfied since the new Turkish-Libyan memorandum has been condemned by the EU
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SYRIZA and ND square up on cost-of-living crisis as government attempts to draw line under surveillance
PoliticsGreek PoliticsThe opposition has upped the stakes in its attempt to challenge the government’s economic narrative... that the government has been allowing the privileged to profit, while plundering the middle and lower... a competent job dealing with an “imported” problem. The opposition has been arguing that New
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New Democracy faces fresh turmoil after ousting MP
PoliticsGreek Politics, the government has decided that it will not step-in with its own legislation to by-pass the court’s decision. This has caused consternation among servicers and has brought foreclosures to a halt... of action by the PM, as it has done in similar cases, including the wiretapping scandal, over the last few
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Government initiative on supermarket prices reignites cost-of-living row
PoliticsGreek PoliticsThe latest government response to the cost-of-living crisis has been met with scepticism.... The list of 51 essential goods has been laid out in a ministerial decree. Retailers with an annual... a national strike for November 9, which SYRIZA has already said it will support. Sources
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