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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicslast week that a second increase to the minimum wage would be adopted on May 1, SYRIZA seems to think... wage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary
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The Parable of the Populists and the Contemplatives
Agorato pay for it at all. This is the new “Green economy.”[1] The kids and the Contemplatives are a bit.... [1] As we write this blog in early 2022, crude oil and natural gas prices are going up everywhere
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PM stands by Ukraine decision, feels vindicated on defence and foreign policies
PoliticsGreek Politicsthat the next increase to the minimum wage, after the 2 pct rise on January 1, is due on May 1
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBanking2021, 7.2 billion euros of Sunrise 1 in Q3 2021 and 2.7 billion euros of Sunrise 2 in Q4 2021... to 11.2 percent pro forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio
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Fallout from Ukraine war being fed into calculations about next general elections
PoliticsGreek Politicsfall by 1 point since January, down to 31 pct. Backing for SYRIZA is also down by 1 percentage point
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomyis lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1
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Newsletter 352 - 23/09/2022
surplus of 1 pct of GDP. The latest preliminary budget execution data is a source of optimism... is above target by over 1 billion euros, thanks to 513 million of overperformance in personal income
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Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
EconomyMacroeconomythe primary balance to a surplus of 1.62 billion euros, or 0.7 pct of GDP, below the goal of 1 pct of GDP and the total deficit to 4.51 billion euros, or 2 pct of GDP. Interest payments are seen 1
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Budget primary balance continues strong performance in Oct, ahead of target by 6.4 bln
EconomyMacroeconomyrefunds came to 4.91 billion euros, over 1 billion euros above target. Expenditure Up to October, overall expenditure stood at 53.64 billion euros, below the target by 1 billion euros, from a mixture
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Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
EconomyMacroeconomy, dropping to 84.4. The EU average ESI stood at 92.2 points in November, rising by 1 point from the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery
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