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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Economyimproving significantly since 2015 from a peak of more than 49 percent, in 2021 it was still at 36.4 percent... is growing by more than 15 percent, more than two times the 7 percent headline number. As the cost
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
Economyand the same for pensions. More than half of those surveyed said that their monthly income runs out by the 18th... in ten respondents and transport is taking up more of the household budget for more than half... and levies. More than six in 10 said that the “household budget” initiative of the government has
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Budget beats target in Jan, boosted by 49 pct YoY jump in taxes on goods and services
EconomyMacroeconomy. The overall balance is better than the target by 562 million euros. Revenues Net revenues for the period..., 246 million euros higher than the target, excise tax revenues came to 492 million euros, 34 million... million euros, 184 million more than the target. Expenditure In January, overall expenditure stood
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Political clash brewing over fatal train collision, railway safety
PoliticsGreek Politicsthe damage of those blazes in hectares, rather than in coffins, as they did under SYRIZA. For now... sources are convinced that the elections will now be held on May 14, rather than next month. The constitution allows the PM to declare the date of the elections no less than 21 days before they are due
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Does the EU Commission suffer from optimism bias? (Part 2)
Agorato the planning fallacy. In its grip, they make decisions based on delusional optimism rather than on a rational... it is not. Making optimistic scenarios is more common than you may think. One of the authors of these blogs... section of economic country reports. More often than not, when you see this, the reader may assume
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Newsletter 373 - 10/03/2023
. Adopting a notably more contrite tone than that with which the government had greeted the grim news... up inflicting more damage on the government than previous disasters or scandals. ND has decided... image than on addressing the realities of the transport network. In the weeks and months before
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Budget primary surplus of 4.2 bln in Feb beats target on back of higher VAT, income taxes
EconomyMacroeconomy. The overall balance is better than the target by 2.27 billion euros. Revenues Net revenues for the period... billion, 330 million euros higher than the target, excise tax revenues came to 979 million euros, 39... to 784 million euros, 104 million more than the target. Expenditure In February, overall expenditure
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Parties give first hint of strategies in reaction to poll announcement
PoliticsGreek Politics, claiming that it has the potential to produce a government with the support of more than a third... less than 10 percent of the vote he prefers to stay in opposition rather than become a junior partner
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Newsletter 377 - 07/04/2023
in the first ballot and more than 36 pct in the second). Although New Democracy’s support dipped last... towards how it can secure a parliamentary majority, rather than be locked in a fight for first place... of a coalition than the New Democracy leader does.
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BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Economy. The BoG sees the economy growing faster than it was previously thought, up to 2.2 pct, from 1.5 pct previously, though significantly slower than the nearly 6 pct seen in 2022. Consumption and investment... uncertainty, lower-than-expected RRF funds absorption, halting of reforms or reversal of past reforms
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