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PBO outlines positives from 2021, warns about uncertainty in 2022
Economythat Greece’s public debt still has a comfortable maturity profile and the terms are broadly... the highly uncertain external environment that has recently deteriorated, firstly due to the strong pressure from inflation, which has pushed up HICP to 4 pct. Aside from the immediate impact in terms
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Govt readies targeted support for energy bills in bid to contain cost of living crisis
PoliticsGreek Politicspandemic support. Despite a recent dip, Greece has registered the highest prices for wholesale... and 76 in Germany. The government has been taking some political credit for an agreement between... in a few weeks”, adding that “what we can do is support households”. Opposition SYRIZA has also been
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Economic sentiment drops by 3.1 pts in Dec, little change in consumer confidence over year
EconomyMacroeconomystood at 91.8 points in December 2020 and has significantly recovered most of the deterioration during the pandemic. Since the start of the year, the ESI has increased by 18.5 points. The indicator hit... in November. Since January, the EEI has risen by 14.1 points. Industry confidence dropped by 1.8
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Turkey looms large in 2022 foreign policy agenda, which includes Balkans, US and Russia
PoliticsForeign PolicyAs far as Greek foreign policy is concerned, the arrival of the new year has not brought the most encouraging signs as Ankara has launched a new round of aggressive rhetoric against Athens... advisor, Ibrahim Kalin, has already announced new diplomatic initiatives that will include the regions
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek PoliticsPersistently high infection rates and a rapid increase in daily hospitalisations from Covid has led... the peak of 40,000 recorded a week earlier. While this apparent abatement has been greeted with relief.... The use of private sector resources has caused friction between the government and the opposition
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Mitsotakis targets inflation on path to elections in 2023
PoliticsGreek Politicsa reduction in VAT as one of those options. Development Minister Adonis Georgiadis has been pushing... reductions are concerned. Reducing the tax burden on households and businesses has been one of New... to unveil the revamped ENFIA property tax in the coming days. The process has been delayed by reported
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomy2021 and has since recovered all the deterioration suffered during the pandemic. The value of 114.2 reported in January is the highest of the series. Over the rolling 12-month period, the ESI has... to 115.2 points in January, from 118.4 points in December. The EEI has risen by 9.6 points in the rolling
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Support for ND continues to erode even as alternative remains elusive
PoliticsGreek Politicsand KINAL at 14.5 pct. The figures suggest that KINAL has more than doubled its support since the 2019... of the major parties. New leader Nikos Androulakis has also made a claim on the hotly-contested... Androulakis has refused to discuss the option of forming a coalition with either ND or SYRIZA
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Mitsotakis forced to wield axe as legacy issues resurface
PoliticsGreek PoliticsA cabinet minister has been forced to resign and a veteran New Democracy politician has been... embarrassment to the Mitsotakis government which has built its profile claiming to make a break from... an active role in removing him without acknowledging that he has made a misstep. This would
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Govt pins hopes on lifting Covid restrictions in March as experts tread more cautious path
PoliticsGreek Politicsin favour of an imminent easing of national restrictions across the bloc. The decision for Athens has..., while their proposal to subsidise energy costs for industry has been denied by Brussels... time in several days that the daily figure has fallen below 100. The Covid death rate in Greece has
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