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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyThe issue of Greeks’ wages and spending power has become a thorn in the government’s side - aside... and purchasing power parity, the current administration has repeatedly pledged a rise of the average wage... 2016 of over 30 pct. This has dropped the share of workers earning below 700 euros monthly to just 2
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Newsletter 243 -13/03/2020
a period as possible, thereby avoiding the kind of outbreak that has overwhelmed public health systems... the government has already taken in this direction, such as closing schools and offering parents emergency leave, he stressed that “no mass measure can replace individual responsibility.” He also broached
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Newsletter 300 - 11/06/2021
Labour bill stirs opposition SYRIZA joins with others to decry reforms as ND faces first united... party as it approaches two years in power. SYRIZA has pledged to fight the legislation “inside... for respecting workers’ rights and abiding by labour legislation. SYRIZA in particular has invested a lot
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Settling rising private debt? The IMF has some ideas
Economy, has recently emerged as an important issue in the discussions between the Greek government... taxes of 67 billion and unpaid social security contributions of 16 billion. The Bank of Greece has.... The direct government involvement in private debt restructuring has been relatively rare according to the IMF
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No one has won in Spain
Agorathey are. Neither the right block (with the Popular Party and Ciudadanos) has enough seats to form... parliamentary majority. The political landscape that has emerged from these elections shows very clearly... by the PP. The rough road that common Spaniards have crossed in the last four years has been full
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Greece in 2014: The risks and opportunities of moving forward
Agoraexample, then it can be found in what has happened in Riga during the past five years. The reward..., when emphasising the achievement as unprecedented one has to bear in mind that the point of departure... to comply with the country’s agreed debt sustainability objectives? The answer to this most fundamental
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SYRIZA tries to compose itself ahead of next vote on prior actions
PoliticsGreek PoliticsQuestion Time in Parliament on Friday, which was aimed at rallying his party. There has been... and allowing distressed debt funds to buy up Greek NPLs. SYRIZA MP Yiannis Michelogiannakis... control or if foreign funds are allowed to buy the NPLs of Greek small- and medium-sized enterprises
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Greece and lenders trap themselves over labour reforms
Agoraagreeing to it with the creditors. Greece has implemented a raft of liberalisation measures since... collectability rate. It is seen as a counter-measure that can have a clear and direct impact... that New Democracy leader Kyriakos Mitsotakis has so far presented to Greek voters. Also on the fiscal
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Greece's pursuit of normality has only one starting point
Agora) has still not been approved by the House of Representatives. The parliamentary discussions have been delayed since August 2015 due to political opposition. · Pressure for fiscal relaxation has... of the Telecommunications Authority. · The law on the State-Owned Enterprises' (SOEs) corporate governance has
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ND courts youth vote with targeted pandemic relief, recovery schemes
PoliticsGreek Politics’s 24.5 pct, with third party KINAL trailing at 7 pct. Mitsotakis has gained a percentage point...There has been good news and bad for New Democracy this week, as the latest polling figures show... “neither of the two”. The figures suggest that ND have arrested the slow decline which has been
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