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Where is Odysseus? Part 3 - Participation
AgoraWe continue to trace the progress of Odysseus, who started a long voyage in 2018 to help bring Greece home to a sustainable and prosperous economy, seeking to navigate a high debt ratio of 185 percent of GDP towards a debt ratio of 60 percent of GDP. Th...
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Unemployment rate hovers at 12.5 pct in May, improves by 3 pps on last year
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed unchanged in May, dropping to 12.5 percent, from an upwards revised 12.6 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In the same month last year, the unemp...
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Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY
EconomyMacroeconomyGreece’s current deficit in April narrowed to 1.78 billion euros, from 2.4 billion euros in March, Bank of Greece (BoG) data showed on Tuesday. In April 2022, the balance showed a deficit of 1.66 billion euros, while in April 2021 the current account po...
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomyThe budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the f...
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Current account deficit narrows further in May, down by over 3 bln in first five months
EconomyMacroeconomyGreece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday. In May 2022, the balance showed a deficit of 2.08 billion euros, while in May 2021 the current account posted a...
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Parties take another look at granting vote to Greek expats
Societyof automatic voting rights, this still leaves the door open to second- and third-generation... citizenship for immigrants by the back door. Any proposal, if indeed one emerges, has a long way
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Newsletter 304 - 09/07/2021
will involve a door-to-door campaign-style approach, relying on what PM Kyriakos Mitsotakis called
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Ousting of govt MP brings to fore leadership unease, angst over far right
PoliticsGreek Politicsthe door to a return to ND ranks in the future), but he also suggested that nobody in the party... votes and open the door to a SYRIZA-led coalition. Alternatively, it could leave ND with a tiny
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Awaiting the magic wand that will end the pandemic
Agora, expertise and medicine". Oops, it turns out they haven’t, after all. Antivaxxers going door to door
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Economic sentiment improves by almost 2 pts in Apr, consumer confidence dips
EconomyMacroeconomyof the pandemic, dropping to 84.4. Over the rolling 12-month period, the ESI in April was 1.8 points over the 107... and on a rolling 12-month basis is improved from the -51.3 points of May last year. The Employment Expectations... in the rolling 12-month period. Industry confidence stayed positive for the third successive month to 2.6
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