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Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
EconomyMacroeconomywas higher than the 1.13 billion euros registered in October 2021. It was also higher than the 489.6... by the Covid-19 pandemic. Most notably, October’s balance is higher than the 1.2 billion euros of October 2019
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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek Politicsever closer on the horizon. In what has become a pattern of surprise announcements, an earlier-than... that the minimum wage would be raised on April 1, a month earlier than scheduled. The announcement came after... than the eurozone average. The latest raise is expected to bring the minimum wage to at least 751
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Opposition hoping surveillance, cronyism scandals will bite ND
PoliticsGreek Politicstool to EYP’s normal bugging process, rather than being part of a rogue operation being executed... uncovered would have to be weightier than whatever has seen the light of day so far. Although most... was a key shareholder in a company that had been awarded more than 400,000 euros in public contracts
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Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
EconomyMacroeconomywas higher than the 154.8 million euros registered in 2021. It was also higher than the 33.3 million euros... pandemic. Most notably, November’s balance is higher than the 108.8 million euros of November 2019
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Opposition dismisses PM's economic pledges as electioneering, keeps focus on surveillance
PoliticsGreek Politicsround of public sector entry exams in March for more than 5,000 positions. Speaking at an event... the economy are more mixed. Fewer than a third of respondents (29.7 percent) describe their financial situation as good, while fewer than half (47.7 percent) say they can cover their basic needs. Almost 7
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PM bats away surveillance claims, looks to final pre-election handouts
PoliticsGreek Politicsthat the public trusts the government on defence and foreign policy issues more than in most other areas... of reporting on the surveillance issue, including publishing the names of more than 100 people... million euros, more than half of which is expected to have a carry-over effect. The government
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Economyimproving significantly since 2015 from a peak of more than 49 percent, in 2021 it was still at 36.4 percent... is growing by more than 15 percent, more than two times the 7 percent headline number. As the cost
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Budget beats target in Jan, boosted by 49 pct YoY jump in taxes on goods and services
EconomyMacroeconomy. The overall balance is better than the target by 562 million euros. Revenues Net revenues for the period..., 246 million euros higher than the target, excise tax revenues came to 492 million euros, 34 million... million euros, 184 million more than the target. Expenditure In January, overall expenditure stood
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Does the EU Commission suffer from optimism bias? (Part 2)
Agorato the planning fallacy. In its grip, they make decisions based on delusional optimism rather than on a rational... it is not. Making optimistic scenarios is more common than you may think. One of the authors of these blogs... section of economic country reports. More often than not, when you see this, the reader may assume
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Budget primary surplus of 4.2 bln in Feb beats target on back of higher VAT, income taxes
EconomyMacroeconomy. The overall balance is better than the target by 2.27 billion euros. Revenues Net revenues for the period... billion, 330 million euros higher than the target, excise tax revenues came to 979 million euros, 39... to 784 million euros, 104 million more than the target. Expenditure In February, overall expenditure
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