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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomyGreece has submitted to the European Council and Commission its Stability Programme for the period... as the pandemic still has a hold on the Greek economy and the expected flow of RRF funds has been scaled back... running into May. The headline budget figure for 2021 has been revised down by 6 percentage points
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ND unveils labour bill as parties line up for head-on clash over reforms
PoliticsGreek Politicsof adapting the labour market to the modern world by empowering employees. The government has... more power to shape their working schedules. Although this kind of flexibility has been evident... not reflect well on the party’s trustworthiness. The ruling centre-right party has found itself
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Newsletter 296 - 14/05/2021
show that Greece has administered at least one dose 25% of the population, which is almost five points..., the data shows that the vaccination rate in Greece has picked up over the last few weeks... that the rate at which doses are being administered has picked up since the authorities brought forward
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Complaints harden as govt lays out content of labour bill
PoliticsGreek PoliticsThe bill containing the contentious labour reforms put forward by the centre-right government has...’ rights and needs and not vulnerable to political pressure. However, each of these proposals has drawn criticism either from opposition parties, unionists or commentators. For instance, it has been
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Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
PoliticsGreek Politicsfrom some Greek cities has indicated rises in undiagnosed infection rates in the aftermath... is currently served by 13 airlines and has added eight new international destinations, now has... intakes to 40-45 pct, which is closer to the estimates the hospitality industry has been publishing
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Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
EconomyMacroeconomy. Meanwhile, compared to May 2020 when the ESI stood at 88.5 it has posted a significant recovery... compared to May last year when it stood at -33. However, it has some distance to cover since..., turning positive for the first time in months. Year-on-year, industry confidence has jumped by 47.4
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Newsletter 299 - 04/06/2021
as the opposition tries to convince voters that New Democracy has little interest in Greek society... in its popularity which has been a feature of polls over recent months. The latest opinion poll conducted... the final programme was completed in the summer of 2018. The institutions conclude that Greece has taken
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More Greeks waved forward for vaccine as basic coverage edges to 40 pct
PoliticsGreek PoliticsGreece has opened its vaccination platform to the 25-29 age group as it seeks to build a wall... has seen a slight increase in the level of protection for the 70-79 age group as 76.2 pct have... been administered in Greece. Almost 40 pct of the population has received at least one dose, while
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Newsletter 302 - 18/06/2021
positive economic recovery agenda. On the pensions front, New Democracy has been preparing to table... has made assurances that the entitlements of existing beneficiaries and workers will not be affected... that the talks will lead to confrontation, however the government is already signalling that it has no intention
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Economic sentiment stable in June, but consumer confidence drops
EconomyMacroeconomyof the pandemic - the ESI stood at 87.6 and it has posted a significant recovery of 21.1 points... 2.1 points higher compared to June last year when it stood at -27.7. However, it has some way to go... in months. Year-on-year, industry confidence has jumped by 21.1 points, albeit from the very low base
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