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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicseuros. The prime minister said that in addition to the 2 pct raise which came into effect in January
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Economy-swaps with a yield of just over 2 pct. The re-offer yield settled at 2.366 pct, which is 110 basis
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicsof the year, will cost 2 billion euros, of which 800 million will come from public coffers and the rest
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Across-the-board price hikes bring CPI rise of 10.2 pct in April
EconomyMacroeconomy) increased by 9.1 percent YoY, from 8 percent in March. Month-on-month, the HICP also recorded a rise of 2
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Growth in car sales eases to 1.9 pct in Apr as new purchases drop
EconomyMacroeconomysales in April came to 17,904 compared to 18,532 last year, a drop of 2 percent. Passenger cars
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Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months
EconomyMacroeconomyof the first four months of 2021. This is due to the combination of higher revenues close to 2 billion
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammethat a significant fiscal effort is needed to move from a primary deficit in the region of 2 pct
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Newsletter 340 - 03/06/2022
and in the sensitivity analysis the scenario of higher inflation by 2 percentage points in the current year
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politicsofficials have been very open about their concerns regarding hitting this year’s public deficit goal of 2
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Broad impact of inflation crisis becoming clearer
Agorathe scenario of higher inflation by 2 percentage points in the current year, consumption is seen lower by 1
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