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  1. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    the pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2... in June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood at -34.7. However, it has some way to go to match the previous high of -4.8 in February 2020. Industry

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  2. Newsletter 327 - 11/02/2022

    Newsletters

    has pledged since the start of the energy crisis last autumn to 2 billion euros. Finance Minister... this way, while 26.4 pct opt for Prime Minister Kyriakos Mitsotakis and 19.4 pct Alexis Tsipras... into February. This means the government has committed more than 2 billion euros to help consumers pay

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  3. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    deterioration of the current account. This is largely due to the oil deficit that exceeded 2 billion euros... deficit of 1.9 pct in 2022, with surpluses increasing from 1.1 pct of GDP in 2023 to 2 pct of GDP in 2027... at that level all the way to 2060. The IMF has expressed its reservations and presented research

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  4. Where is Odysseus? Part 4 - Unemployment and Employment
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , and the natural rate will be somewhat lower.[2] Similarly, the ability to tailor the work week or working... now come a long way from this original mistake as a member of the euro zone, and inflation in Greece... for employment will be between the low and high scenarios, as indicated in Figure 2. The calculations

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  5. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    this combination of policies as the best way forward to deal with growth and competitiveness, while gradually... (and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... adjustment between €5-10 billion (2½-5 percent of GDP) is necessary to restore a sound primary

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  6. Newsletter 388 - 07/07/2023

    Newsletters

    continuing, and could pave the way for an investment grade to be secured in the next round of rating..., and an increase in public spending by 2 pct due to improved budget performance that will generate... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth

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  7. Newsletter 401 - 10/11/2023

    Newsletters

    in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2... to the centre ground, attacking Simitis in such a way appears counterproductive. The SYRIZA leader... the high cost of money as the stock of loans to corporations dropped by 2 pct of the total portfolio

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  8. Newsletter 475 - 12/09/2025

    Newsletters

    way to boost households’ net incomes. Deputy PM Kostis Hatzidakis has portrayed these reforms..., from 0.1 pct in the previous quarter. This slight deceleration took H1 growth to just under 2 pct... lower tax rates across the scale by 2 percentage points, the focus has been on young taxpayers, below

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  9. IMF's latest macro and fiscal estimates reflect economic stability
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    economy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek... Outlook (WEO) of April that expected the economy in 2026 to grow by 1.8 pct, and 2 pct this year... by 3.1 pct this year and by 2.5 pct in 2026, moderating to 2 pct by 2030. The current account

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  10. Run this way: The recurring pattern of Greek leaders
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    As the Greek general elections of May (and then June) 2012 approached, every poor unfortunate European politician attempted to grab a moment in the spotlight by pontificating on whether Greece should or should not be in the single currency. While the eu...

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