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Covid rears its head again as ND reaches halfway point in tenure
PoliticsGreek Politicsadmitted that he cannot force people to get the jab. However, he insisted that “the country... of the country which has been vaccinated.” This comment drew some criticism, with political rivals...’ claims that the 150-euro “Freedom Pass” offered to Greeks aged 18 to 25 to get their jab was an attempt
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Newsletter 305 - 16/07/2021
be able to fire employees who do not get the jab. According to reports, the government is hoping.... Nevertheless, the decision to clamp down on unvaccinated staff has caused a stir and puts New.... The government’s decision to toughen its stance vis a vis healthcare workers has been contrasted with its
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PM mulling reshuffle to get political project back on track in 2021
PoliticsGreek PoliticsSpeculation about an imminent cabinet reshuffle has resurfaced in the Greek media, although Prime... on Tuesday that as Covid-19 cases are dropping and the vaccination programme has begun, this might... 608,000 pensioners. The PM has reportedly set four main priorities for his cabinet: The vaccination
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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomyThe rate of drop in Greek credit to the private sector accelerated to 3.7 percent in July from 3.5... million in June. Corporate lending balances further eased to 101.2 billion euros in July. The rate of drop... deductions had reached a year low of 266 million. The rate of growth in loans to sole proprietors remained
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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomywas upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous... percent in 2017, while OECD has a lower growth estimate of 1.9 percent for next year. The report also... to record a growth rate of 0.7 and 3.7 percent respectively. The IMF also adopted a more optimistic stance
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Unemployment rate edges down to 23.3 pct in Q1
EconomyMacroeconomyperiod last year, the jobless rate has declined by 1.6 percentage points (pp) from the Q1 2016 figure...The Greek non-seasonally-adjusted unemployment rate fell to 23.3 percent in the first quarter (Q1... (-5,500) and real estate activities (-2,100). The unemployment rate among males dropped by 1.4 pp
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Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
EconomyMacroeconomythe figure has been since November 2010. In the same month last year, the unemployment rate was 16.8...Greece’s seasonally adjusted (SA) unemployment rate dropped to 14.2 percent in July from 15 percent... and now stands at 3.18 million. The unemployment rate among women fell by 1.5 percentage points (pps
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomyAfter remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis... rate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75... deposit rate in Greece currently stands around 40 bps above the eurozone average, while
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Budget passed as govt pins hopes on vaccine rollout to get economy on track
PoliticsGreek Politicsargued that although the EU has not adopted sanctions against Ankara, pressure on Greece’s neighbour...) and stressed that “a threat will linger” until 60 pct of the population has received the vaccine. Health... to Greeks. Greece is due to receive 5 million doses of the Pfizer vaccine and 3.5 million of the jab
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Newsletter 306 - 23/07/2021
received at least one jab, while around 44 pct was fully vaccinated. Professor Vana Papaevaggelou... has dropped by almost decade in the last three weeks, from 32 to 24 years. The surge in infections... to punish the unvaccinated rather than convince them to get the jab. The latest developments have
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