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Employment and wage data explains why Greeks struggle to see growth dividends
Agoraat risk of poverty or social exclusion remained stable at 26.1 pct, it is still higher than the EU... allocate more than 40 pct of their income to housing, which jumps to 85 pct for the poorest households... rate to more than 30 pct, when the EU average is 21.4 pct. This comes to reaffirm the latest OECD
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A new political landscape is emerging in Germany
Agorais the level of voter participation. More than 83 percent of eligible voters cast their ballot, representing... party CSU – to receive less than 30 percent of the vote. With 28.5 percent they recorded... percent. In fact, they received 16.4 percent, slightly better than feared by its dwindling supporters
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Moody's upgrade underlines gap between economic story and reality for households
Economyis dominated by SMEs, most of them micro firms with fewer than 10 employees, means that majority of the firms... of affordability. In the latest CPI for February, housing costs are up by more than 5 pct, while rents... on the same KEPE study, real hourly wages in Greece in 2023were more than 20 pct below their 2009 levels
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Newsletter 457 - 28/03/2025
. Mitsotakis is hoping to follow up on the increase to the minimum wage, which has risen by more than 30 pct... fallen even lower than the level it dropped to in last year’s European Parliament elections, when..., but this is 2.3 points lower than in February. Mitsotakis also remains the most popular party leader as 30.5
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Opposition unable to find basis for cooperation despite public support
PoliticsGreek Politicsbetween the social democrats and the parties to their left is more attractive than a collaboration... more than the 27.7 pct that favour a grand coalition with the ruling conservatives. For New Democracy voters, a coalition with PASOK is slightly more attractive (11.3 pct) than working with right-wing
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PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek Politicsput their total value at less than 50 billion euros. Government officials have been trying to dampen... of Greece estimated that a 10 pct tariffs on EU goods, rather than the 20 pct imposed by Trump, would... would be affected more via its trade with the EU than with the US. Bracing for impact
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ND eyes start of recovery as public interest in Tempe issue appears to wane
PoliticsGreek Politicshigher than last month. Justice and transparency issues, which also relate to Tempe, rank second with 49 pct, which is eight points lower than last month. Nevertheless, in response to a different... is almost 11 points higher than last month. There was a 24 point drop in the percentage
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Government's focus on defence, plans for more procurements put opposition in tough spot
PoliticsGreek Politicsof consultation, rather than the decision. The defence minister appeared before Parliament’s foreign affairs... frigate, it was noticeable that the opposition focussed on the procedural part of the matter rather than... to be gained for adopting anything other than a tough, and sometimes absolute, stance on such issues. An MRB
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Newsletter 460 - 02/05/2025
with 11 pct, 1.7 points lower than the previous month's performance. Greek Solution remains fourth... is estimated to have brought in more than half a billion euros of income tax. Aside from policy decisions... 20,000 and 40,000 euros and the top tax rate of 44 pct applying to incomes higher than the current
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Newsletter 465 - 06/06/2025
, Mitsotakis framed the wrongdoing as the actions of rogue individuals rather than as a government failure. His... is that with reference year 2024 the increase in defense spending cannot be greater than the rise in 2024 as percent of GDP and, also, the increase cannot be more than 1.5 pct of GDP. The good news for Greece came
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