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Lenders acknowledge reforms, flag up tricky fiscal path ahead
EconomyProgrammean improved process for senior management positions and energy-related through the Target Model are also... and the drop of the solidarity levy, noting that they should be temporary in nature to keep the debt
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Covid recession bumped pension spending to 18 pct of GDP in 2020
Economy. Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP... of Greece’s economic model – something that the government is banking on in its Greece 2.0 plan for how
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Opposition clashes with govt over high energy prices, cost-of-living measures
PoliticsGreek Politicseuros/MWh in France and 299 euros/MWh in the UK. Greece has not benefitted from the recent drop... and missteps in the government’s economic model, often by drawing comparisons to European peers. New face
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Newsletter 411 - 09/02/2024
the possibility of top-flight foreign institutions setting up chapters in Greece, pointing to the model... a drop of 11.3 pct annually in December, leading to a deficit of 2.61 billion euros. Imports totalled
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Parties turn focus on economy as PASOK struggles with election fallout
PoliticsGreek Politicsin the form of a drop in inflation, however he acknowledged that the real goal was to bring prices... cuts to VAT on the model of other European countries, claiming that the measure would be ineffective
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Newsletter 474 - 05/09/2025
pct which leads to a significant drop of almost nine points. Although the data is accurate... to an interesting debate as Greece’s productive model has not shifted and the economy remains heavily
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ECB tests find negligible capital shortfalls at Greek banks
Economyfor capital needs was based on the agreed restructuring plans (dynamic model) rather than the end-2013 figures (static model). The ECB noted in its country results that the aggregated capital shortfall.... Eurobank Under the static model, Eurobank showed a capital shortfall of 4.63 billion euros, which
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Report reveals institutions’ views on labour market reforms
EconomyProgrammeand thus enhance employability. The institutions favour a labour model of flexibility with security (flexicurity) that is applied in Denmark. The key characteristics of the Danish model include... and social dialogue. This model allows for numerical (extended use of overtime, frequent hirings
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Cyprus EEZ keeps Greek-Turkish relations on edge
PoliticsForeign Policy, which was unusual for the Greek government when dealing with such incidents, may have been... that it was unusual for the main opposition party in Greece to blame the government during a mini-crisis
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Macroeconomic fundamentals for Greece
Agoragrowth rebound after the Corona pandemic. As Table 2 demonstrates, because of unusual shocks...), this would yield a structural nominal GDP growth rate of around 2.5 percent a year. The unusual cycle
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