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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyexceeding 70 percent. Overall, nine out of ten companies saw a decline in their revenues with the overall
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The year that Greece (nearly) saw it all
Agorathe eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier
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Newsletter 291 - 02/04/2021
as “a unique opportunity to radically change the Greek economic model, to guide the economy towards a more extrovert, competitive model, with a more effective, digitised state, a growth-friendly tax system... before the pandemic outbreak. Separately, Greece’s economic sentiment (ESI) rose by 5 points month
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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
EconomyMacroeconomyapartments, classified as over five years old, saw their prices increase by 6.6 percent in Q4 versus a downward revised increase of 8.1 percent in Q3. Across 2019, old apartments saw an average price increase of 6.9 percent compared to a rise of 1.7 percent in 2018. In 2017, old apartments saw
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New asylum law comes up against old failings
Agoraof a policy paper written by the European Stability Initiative (ESI) think-tank last January titled..., the ESI argued that if a similar system is adopted in Greece, the EU-Turkey agreement could be applied... it wants to put in place. “That won’t work,” the head of the ESI, Gerald Knaus told Kathimerini recently
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Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a 0.7-point rise in August, after a 1-point increase..., dropping to 84.4. Over the rolling 12-month period, the ESI in August was 6 points up from the 105.7 points of September 2022. The EU average ESI stood at 92.9 points in August, down from the 93.5 points
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Greece's labour market is austerity's biggest casualty
Agoraplan to address the issue of unemployment. The construction sector saw its peak in employment... complicated by the fact that are they tightly linked with the old economic model in Greece. A model where... a wealth effect. Changing the economic model built up over decades does not happen overnight and while
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The "King of the North" seeking to heal a fractured kingdom
Agoraof governing principles he calls “Manchesterism”. It is his attempt to articulate an alternative model - one... buses are not nationalised; they are operated by private companies under public control. The model... to The Observer, adding that one of the problems of “Blairism” was that it “saw the market as always
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Samaras shoots, Samaras scores!
Agora“Samaras rescues Greece” – it’s the headline the prime minister and many in his office would have cherished. But Giorgos Samaras, the striker without a club, has beaten premier Antonis to the title... that also saw them through the game with Ivory Coast. At a time when Greek society is so deeply divided
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ND on spot over police raid but opinion poll ratings provide comfort
PoliticsGreek Politicsthat they were beaten and arrested for supposedly impeding the police’s work after refusing to give access... rise for SYRIZA, which saw its backing rise to 25 pct. There was hardly any movement among
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