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Greece needs to re-think natural gas policy, starting with demand
Agorabrinkmanship may force this change sooner. Short-term pain for Europe is inevitable, but recent... in the very best case will be phased out in the next 30 years and whose cost may become unbearable
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politics, which takes effect in May, will be combined with a 0.5 ppt cut in contributions from June... to Covid, which will take effect in May. Plevris said the latest data on vaccination and infections
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Mitsotakis lays out confidence-boosting roadmap to end of term
PoliticsGreek Politicspackage would be introduced before the EU summit at the end of May. Mitsotakis also reminded his... rising costs, and at the start of the May Day holiday weekend during which a series of protests
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyduring his tenure to Washington on May 16. Energy security is expected to top the agenda of talks he... in the Aegean may benefit Erdogan to retain nationalist and conservative votes. In response
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Mitsotakis fast-tracks energy package announcement on eve of party conference
PoliticsGreek Politicsforward the unveiling of the government’s “bazooka” in advance of any EU decision at the end of May... in Parliament after Mitsotakis returns from an official visit to Washington DC on May 16-18.
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Reshuffle speculation follow snap polls rumours as ND enjoys ratings bounce
PoliticsGreek Politicsthat Prime Minister Kyriakos Mitsotakis may carry out a cabinet reshuffle in the coming days... Democracy rose from 30.8 pct on May 7 to 32.1 pct now. There was a smaller increase for SYRIZA, which
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Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
EconomyMacroeconomy, but this trend started reversing last May when it stood at -21.9 points. Retail trade sentiment increased by 1.1... since June 2021. The overall economic sentiment (ESI) recovered by 2.9 points in May, rising to 108
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Verbal exchanges with Turkey intensify, but voters still largely focussed on inflation
PoliticsGreek Politicsand voters may be partly discounting the current stand-off as campaign-influenced aggravated rhetoric... than in May. SYRIZA’s backing has risen by half a point since last month to 24 pct. PASOK-KINAL has
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Industrial production drops by 4.5 pct YoY in Apr as electricity supply falls by almost 30 pct MoM
EconomyMacroeconomyCommission’s latest business surveys for May, industry confidence rose by 2.1 points to 5.9. Since June... in May to 53.8 points, according to S&P Global data released on Wednesday. This is the lowest
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Where is Odysseus? Part 4 - Unemployment and Employment
Agora. We can first consider how the economy may transition from today’s high (cyclical) unemployment rate... the economic crisis of the 2010s. Still, for now, we assume that the natural UR may settle at 7 percent
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