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Mitsotakis targets inflation on path to elections in 2023
PoliticsGreek Politicsthat the second instalment of the minimum wage increase will be implemented on May 1, which is earlier than... popularity than the pandemic. The 2 pct increase at the beginning of the year took the gross monthly... that “the situation in Greece will be better in 2023 than it is now.” “Because I believe that things
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Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
EconomyMacroeconomyon the travel front continues to be encouraging – apart from rising by more than five times compared to the 33.3-million-euros figure of last year, the November 2021 data is even higher than the 108.8 million... expenditure per trip increased by 25.6 percent, to 495.3 euros, and significantly higher than the 308.4
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Newsletter 327 - 11/02/2022
escalating popularity, more than doubling its share of voting intentions since October. During the same... for population, Greece is currently reporting more than twice as many deaths as the EU average. PM... into February. This means the government has committed more than 2 billion euros to help consumers pay
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Govt moving ahead with social security fund overhaul despite opposition
PoliticsGreek Politicsin the rate at which pension applications were approved, leading to more than 225,000 new pensions... of up to 8,134 euros and requiring fewer qualifications than would have been demanded if they were... property portfolio, which reportedly contains assets worth more than 1 billion euros. SYRIZA’s reaction
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High prices top list of political concerns as dissatisfaction bubbles under surface
PoliticsGreek Politics, meaning there has been a decline of more than five points in the last seven months. The recent... for ND and 17.2 pct for SYRIZA. The main opposition party, though, is much stronger than KINAL among... interests. No institution in Greece, from 18 listed, garners more than 50 pct trust. The list is topped
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The Parable of the Populists and the Contemplatives
Agorafaster than operating expenses and the interest on the debt, then a “profit” results and the surplus..., the Contemplatives appeal to reason. But because reason is more difficult than emotion.... As a result, they explain, the kids will be much richer than the parents and they can easily pay
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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politicson defence than other European countries, would not be punished for this strategic choice,” said... that the eurozone’s central bank plans to end asset purchases in the third quarter of 2022, sooner than expected... less welcoming, and more expensive, borrowing environment for Greece than the one it has known over
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomyin Q4, decreasing by 1.6 percent compared to the previous quarter and 4.5 percent higher than... percent. The number of long-term unemployed (more than 1 year) came to 399,200 people, representing 64.7... than four years. Most of the employed are working as employees (68.9 percent), while a significant
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Newsletter 332 - 18/03/2022
SYRIZA accused Mitsotakis of being too concerned with managing public perceptions rather than... that since the start of the pandemic in Greece more than 16,500 people have died after contracting..., with the number of debtors rising by more than 350,000 to 2.36 million debtors.MacroeconomyCharts
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PM yields on energy windfall tax as govt feels strain
PoliticsGreek Politicsthat their personal financial situation is worse than last year. A total of 68 pct of respondents (1 point higher than last month and 11 points higher than November) believe that the government
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