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Snap election scenarios circulate as ND's pandemic response fuels surge in polls
PoliticsGreek Politicsof respondents supporting the governing party compared to 20.3 for the main opposition. More than 63 percent... of events a scenario for snap elections, less than one year into ND’s term in government. Such a scenario... also be a useful way to keep his party focussed on unity rather than questioning SYRIZA’s strategy
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Digital investments could provide long-term GDP boost, study finds
EconomyFeaturesof information and communication technology (ICT) human capital. Greece’s ICT sector is less than half... firms report having increased the number of employees in the last three years, compared to less than... obstacle significantly affecting digital firms more than non-digital ones.
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Newsletter 248 -24/04/2020
and is tailored more to satisfying big business than looking after workers. The government was forced... of managerial competence. Digital investments could provide GDP boost Travel balance more than.... Greece’s ICT sector is less than half the EU relative size (1.9 percent of GDP versus 4.4 percent
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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicsof the civil protection authority and public health system as signs of hard work, rather than luck..., is nothing more than our collective self-understanding,” he said. Mitsotakis returned..., which saw Greece being held back by incompetent leadership and populist policies rather than any
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Unemployment continued downward course in Feb, falling to 16.1 pct
EconomyMacroeconomyto coronavirus measures, showed that there were 41,903 more firings than hirings, Compared to the same month last year, there were 85,276 more people fired than hired. Ergani noted that the balance for March 2020... than hirings.The respective balance for the same period last year was positive by 48,880 meaning
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyOn a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... lower than the monthly target. Broken down by category, the mpst significnant underperformance... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target
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Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
EconomyMacroeconomyterritory in April with 7,205 more hirings than firings. Compared to the same month last year, there were 103,690 more people fired than hired. Ergani noted that there were 233,626 fewer hirings in April.... In the aggregate period, the employment balance showed 27,149 more firings than hirings. This represents
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Majority of Greeks report financial hardship due to Covid-19
Societythat their bills were rising higher than their income, the second highest percentage in the survey after... said that they have been saving significantly less money than before against an EU average of 39... on their spending and that they were spending less on everyday items, slightly higher than the EU average
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Overdue social security contributions rise to 36.32 bln in Q1
EconomyMacroeconomy. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from the four.... A breakdown of amounts owed showed that 80.3 percent of debtors owe less than 15,000 euros each... to 820.2 million in 2016. Revenue collection for 2017 came to 1.05 billion, higher than the amount
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyOn a monthly basis, net revenues came to 2.67 billion euros which was 1.19 billion euros lower than... budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... higher than the same period last year by 2.09 billion due to PIB which showed higher payments of 2.51
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