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Growth treads water as PM targets relief for households
EconomyMacroeconomypct on a quarterly basis. The signs of fatigue in private consumption growth is a concern as cost... that this will improve its standing with certain voter groups. With the cost of living dominating voters... gains that for 15,000 annual incomes translate into almost 1,300 euros per year for under 25s
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How inflation has reshaped Greek household spending
Agorain a steady rise in the cost of living. Between January 2020 and December 2025, consumer prices increased by 22.6%. An average household that spent €1,332 per month in early 2020 requires €1,634 in 2025 to purchase the same basket of goods and services. The resulting gap - €302 per month, or €3,624
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Early details show energy emergency plan facing practical challenges
PoliticsGreek Politicscost of 150 mln euros. Contractors mulling the prospect of recommencing their activities noted..., the regulator’s national emergency plan offers a glimpse of the cost and effort that will be required to keep... consumption would cost 1.5 bln euros at current prices. Due to limitations in the amount of gas that can
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PWC report finds Greek fire damage above average despite lower incidence
Society, Greece had below the average number of fires per 1,000 hectares of non-urban land but the largest area burnt per forest fire, at 27.94 hectares compared to an average of 11.42. The majority of fires... the average burnt hectares per fire. In contrast, Portugal suffers from more frequent fires
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeatureseuros per MWh. Lignite is by far the costliest fuel in the Greek electricity mix at present. A 2014 study commissioned by PPC found that Greek lignite generation cost around 60 euros per MWh, a figure... averaged 28.5 euros per MWh, and was the lowest in the past four years. This puts it 15.14 euros per MWh
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agoraof the price of the EU’s and Bulgaria’s vaccine portfolios. If EU’s portfolio cost about 11 EUR per dose, Bulgaria’s would be 9 EUR per dose. I guess the “savings” of 2 EUR per dose (18%) is indicative... date, Bulgaria was the 2nd country in the EU by new confirmed deaths per million people on a rolling
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Where is Odysseus? Part 5 - Productivity
Agoraare disappointing. Real GDP per employee in Greece is growing less quickly than in Odysseus’ Plan of 2018... efficient are the workers in a country to produce real GDP? After all, productivity determines per-capita... calculate the path for real GDP per person employed. That is average labor productivity. Figure 3 presents
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Newsletter 486 - 28/11/2025
these measures to a wider narrative of resilience: 2.4 per cent growth projected for 2026, nearly double... remain in force until replaced. With just 24 per cent of workers currently covered by collective agreements, the aim is to move closer to the EU directive’s target of 80 per cent. The Prime Minister
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgrammethe draft bill provides some details about the anticipated revenues and cost savings from the prior actions. In particular: Social security funds are expected to have cost savings from changes... million in 2015, 17.2 million in 2016 and 28.5 million per annum as of 2017. In addition
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomymillion euros that create at least two jobs per one million euros invested. For these types... for up to seven years of the leasing cost of new equipment, subsidy of the new job positions’ payroll cost and funding of the business risk. The minimum required amount of investment that would be included
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