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Newsletter 456 - 21/03/2025
. However, the return of bonus salaries for civil servants or pensioners is not thought to be among... the relevant wages index has increased by just 25 pct in the same period. Greeks saw the first upgrade of GGBs... 2024, old apartments rose by 4.9 pct YoY, while new properties saw price increases of 4.9 pct YoY
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Among euro area SMEs, Greeks face most problems with access to finance
EconomyAlmost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014. The Greek SME rate (32 percent) is by far th...
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Overhaul of energy market among tasks looming for government
EconomyProgrammeOn top of the fiscal policy measures and pension reforms the new government has to work on in the next few weeks, it also has to meet key deliverables in the energy sector over the coming months as part of its commitments in the third bailout programme....
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeThe privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion. According to the third memorandum of understanding (MoU) signed wi...
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Lenders flag up minimum wage, trade union law among issues to be examined in next review
EconomyProgrammeIn a 21-page report that was submitted by the institutions to the Labour Minister Giorgos Katrougalos at the end of June and was leaked by Greek daily Eleftheros Typos on Sunday, the country’s lenders detail their proposals on the labour market reforms,...
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Greek demographic ratios among the worst in Europe
SocietyAccording to a new report by the Berlin Institute for Population and Development, Greece is set to have one of the worst population demographics in Europe by 2050. The report highlighted the findings of Eurostat’s population data, which projects that by...
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Greeks' working hours among highest in EU, annual leave below average
SocietyAn annual review for the working rights of workers in the European Union has found a divergence in the working lives that employees across the Union are entitled to. The European Foundation for the Improvement of Living and Working Conditions report ent...
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Government takes another stab at media regulation among growing scepticism
SocietyEarlier this month, Greece’s media regulator started the process of examining the bids for private TV broadcast licenses. While the relationship between money, power and information is the subject of debate in most healthy democracies, the government of...
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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesA study by the Organisation for Economic Cooperation and Development (OECD) examining productivity levels over the last seven years found that Greece was the only country surveyed where productivity fell over the period. The OECD Compendium of Productiv...
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Transparency concerns emerge among voters as leaders clash over wiretapping
PoliticsGreek PoliticsThe debate that followed the censure motion tabled by SYRIZA leader Alexis Tsipras this week is due to climax on Friday, when PM Kyriakos Mitsotakis and the opposition chief do battle over the surveillance scandal before MPs vote in a ballot that New De...
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