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Spotlight on challenges to labour productivity growth
EconomyMacroeconomyproductivity growth and is an outlier is Ireland with more than 5 pct. The next cluster of countries... of firms in Greece that are classed as SMEs, employing less than 250 staff.
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Newsletter 440 - 08/11/2024
of the government’s plans. He explained that the higher-than-expected revenues, which he attributes... crisis, are one of the reasons that public coffers are fuller than expected. New Democracy has repeatedly
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Ruling party tension boils over as Mitsotakis ousts ex-PM and right wing figurehead Samaras
PoliticsGreek Politics’s latest intervention left Mitsotakis with no option, though, than to oust him from ND. Anything... on the horizon is that rather than risk losing his majority, Mitsotakis triggers snap elections
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OECD report underlines sobering reality of economic recovery
EconomyMacroeconomypoints. However, more than 70 pct of the population is facing difficulties, although it should be noted... than 30 pct, when the EU average is 21.4 pct. This reaffirms the latest OECD report and explains why
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Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
EconomyMacroeconomy2023. The overall balance is better than the target by 598 million euros. After the submission..., 38 million higher than the target, mostly thanks to corporate taxation. Tax refunds came to 6.08
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomywas estimated at 15.1 pct, more than doubling from the 7.1 pct growth of 2023. In fact, the Finance.... The government came to power also promoting itself as a more competent candidate than its predecessors
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Greek politics goes from stability to state of flux
AgoraLess than 18 months since New Democracy, Greece’s ruling centre-right party, won a comfortable victory in the general elections, leaving the two main opposition parties of the left, SYRIZA and PASOK... has suddenly become a lot more competitive than anyone expected. Nick Malkoutzis
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PASOK pushes back against PM's refusal to tax excess bank profits
PoliticsGreek Politicsthan a one-off achievement, which would then open up the possibility of reducing taxes. Mitsotakis... is high, the gap between lending and deposit rates is higher in Greece than elsewhere. “Banks have
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economyin the 2019-2023 period, reaching less than one percentage point, with a 2023 negative saving rate of close... than 27 pct of those living in cities and just over 24 pct in rural areas. Denmark follows Greece
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Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
EconomyMacroeconomyAegean at 3.1 percent. The number of long-term unemployed (more than 1 year) came to 242,000 people... not worked for more than four years, though dropping by 22.3 percent year-on-year. Most of the employed
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