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Impact of inflation already widespread, but data suggests worse to come
EconomyFeaturesand most likely will last for longer than the government had hoped or planned for. A large part... speech at the Thessaloniki International Fair. The overall package over the last few weeks has more than... beverages were up by 3 pct year-on-year in October, led by an olive oil price increase of more than 22
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Where is Odysseus? Part 1 - Demographics
Agorain the future than in the past. This follows from the decline in the population and in the number... at around 8+ million later this century. Hence, real GDP could be larger than what we thought... winds than was initially thought in the book. Working-Age Population. Real GDP is produced by those who
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Newsletter 333 - 01/04/2022
35 pct of the vote, rather than around 38 pct under the scheme adopted by the conservatives soon... to spend up to 2 billion more this year than initially envisioned in this year’s economic plan. Staikouras... of the vote. This is five points less than in the 2019 elections and short of the roughly 38 pct it would
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Newsletter 404 - 01/12/2023
that he would not back such legislation and a few weeks ago, reports suggested that no more than 30... of support, the PM will withdraw the bill rather than face outright rebellion by a large section... of directing their fire at New Democracy rather than become embroiled in a battle with their former party
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Trust levels fall again as public perceptions trail economic progress
Societythe Olympic Games, when more than half of the population reported that they tended to trust... economic recovery was markedly faster than in the 2010s. Per capita GDP returned to its pre‑2020 level... positive than the OECD average. Satisfaction with administrative services remained unchanged at 54
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A fierce political clash over medicine prices in Greece
PoliticsGreek Politicsof medicines being lowered but the legislation has proved far more controversial than its content would.... Of this, about half was spent by the state. This is substantially lower than when the crisis began... is for government spending on medicines to be no more than 1 percent of GDP, or 1.7 billion euros. One
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Greece, the troika and banks' capital needs: A step-by-step guide
EconomyProgrammethat Greek banks would need no more than 6 billion euros. However, there is now speculation... that the IMF has estimated capital needs at 20 billion euros, almost four times larger than... journalists that under the adverse scenario capital needs would rise to 8-9 billion, still less than half
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societythat more than 60 percent of households (2.55 million) are homeowners without any mortgage... of 7.3 percent, whilst the respective rate for inhabited houses larger than 100 sqm posted an annual... share (4.8 percent) in 2008 was registered from households with income less than 750 euros. This more
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomy, the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than the 2.3 percent included in the Medium-Term Fiscal Strategy (MTFS) 2015-18, but still higher than... than the 2.5 percent incorporated in the MTFS and slightly below the EAP target of 3 percent
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomydeposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3... in excess of the euro area average of 1.05 percent and more than 60 bps higher than the respective... a sharp rise of 51 bps posted in October. However, this rate still stands more than 2.5 percentage points
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