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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economyof a weak economy and the implications this might have for further political and social instability... harmed exports, including tourism. In addition, since Greek economy is more cash-based the bank holiday...Standard & Poor's raised Greece’s long-term rating by two notches from ‘CCC-‘ to ‘CCC
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Labour market reforms did exactly what they were supposed to
Agora, which would “improve competitiveness and alter the economy’s structure towards a more investment... of several sectors of the Greek economy, the cuts in labour costs could have been absorbed by increases... that could not be addressed with the standard tool of currency devaluation to improve relative prices
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Collateral damage in Europe?
Agorafor their own strategic benefit in the emerging trade conflict. As the European economy has started... indirectly contributes to accelerating the rebalancing of the Chinese political economy. In other... aspects. For one, in Europe the standard operating procedure continues to rest on the separation between
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economywithin the next 12 months if the economic recovery strengthens. The agency expects the Greek economy... administrative burdens and anticompetitive behaviour across the economy. At the same time...Standard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also
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Tailor-made Maastricht criteria for Greece?
Agorathe drachma period prior to 2000, the euro adoption and the structurally slowing economy, brought... economy through 2100, we have calculated that potential real GDP growth in the EU27 and in Greece... countries and the ECB (now standard practice) should be abolished, because each sovereign country
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomy’s lenders to improve the competitiveness of the economy, the automatic three-year maturities... will not buy into the idea that the economy is growing unless their wages reflect this narrative, and their standard of living improves. New Democracy has made it one of its leading pledges
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Mitsotakis intervenes in EU migration debate as PASOK challenges wildfire policy
PoliticsGreek Politicsgroup also remains highly active, focusing on cost of living, the economy, health, education... people and productive sectors. ELAS is also preparing thematic interventions on the economy, rule of law... temporary, strictly controlled adjustments to standard procedures, including accelerated asylum
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Wildfires and healthcare failings test government over summer season
PoliticsGreek Politicsfocus on arrests in connection with arson. So far this season, there have been over 300 arrests, while... of the incident, arguing that the hospitals which responded were adequately equipped and all standard... are warning that many regional healthcare units do not meet adequate safety standards due to gaps in basic
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EU–Mercosur deal promises gains for industry, risks for agriculture
EconomyTensions around the recent Mercosur trade deal are far from settled after the European Parliament... a double standard: Greek beekeepers, for instance, must follow strict EU environmental rules, yet they face competition from 60,000 tonnes of South American honey produced under different standards. Farmers
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It will happen when it happens - The vaccination entanglement in North Macedonia
Agorafaced by other countries, but the stapes taken by the institutions so far convinced us that we have... the decision of the citizens to be vaccinated in Serbia with this vaccine. So far no information... the dilemma health or the economy is the first priority in this pandemic. The shortage of vaccines
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