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Newsletter 388 - 07/07/2023
health provision. In the run-up to the June elections, the state of the national health system made... Democracy said they planned to draft in support from the army and the fire service to speed up emergency... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth
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Hiring balance for 7M reaches record despite first negative July reading since 2019
PoliticsGreek Politicsof the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 21,483 year-on-year, while voluntary exits were up by 886. Hires were up by 11,076 jobs compared to July last year, while departures are also up by 22,369. The proportion of hirings for full-time work came
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PM gathers funds to deal with aftermath of floods as political problem grows more acute
PoliticsGreek PoliticsDespite announcing on Tuesday that up to 2.25 billion euros of EU funds would be made available... request up to 400 million euros from the Solidarity Fund, which would be made available to Athens.... There is speculation that Mitsotakis will follow this up with a cabinet reshuffle. There is a lot
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Newsletter 394 - 22/09/2023
campaign has been its aspirational tenor, setting the candidate up against Prime Minister Kyriakos... if spending and investment in Thessaly dries up for the foreseeable future. It is also certain... year, to roughly 7 billion euros. Although the oil deficit up to July was over 2 billion euros lower
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Government paves way for major U-turn on migration as opposition warns of interference in regulators
PoliticsGreek Politicsthat introducing a path to regularisation would not only release pent-up growth in those sectors but would also... to sign several of these by Christmas, as well as looking for ways to speed up visa issuance...” stirred up by special interest groups, and that the government is attempting to develop pragmatic
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Spyware probe claims push spotlight back on government's treatment of institutions
PoliticsGreek Politicsgiven for the move was to speed up progress on the investigation as some of the charges are running up against the statute of limitations. However, some of those following the affair closely have... a cover-up.” Opinion poll It is likely, though, that this will turn out to be just another temporary
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Greece - Some structural macroeconomic arithmetic
Agoraand the ups and downs of the business cycle. After weakness, the economy may be expected to speed up... are average workers in the economy becoming more efficient to make up for fewer in number.[1... to around ¾-1 percent a year, which would constitute a catching up effect with partner countries. We can
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ND encounters objections over private universities and same-sex marriage
PoliticsGreek Politicsallows foreign universities to set up branches in Greece offering degrees recognised in Greece as well as abroad, has created a more immediate challenge. Although the government insists that opening up... than seeking to reform it, could lead to colleges of questionable quality being set up. He
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Dependency on tourism highlighted by negative hiring balance of 82,463 in Nov
EconomyMacroeconomyare up by 18,329 year-on-year, while voluntary exits were up by just 1,611. Hires were up by 21,104 jobs compared to November last year, while departures are also up by 19,940. The proportion of hirings for full-time work came to 50 percent. Part-time and shift work made up 40 percent and 10
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Key factors in cost-of-living crisis not kept in check
Agorais up to 213 pct more expensive than in the EU. For the second time in so many months, Prime Minister... 81 pct to 815.3 million euros. In terms of turnover, sales of fuel products were up by 65 pct to 25.93 billion euros. Food sales were up by 15 pct to 5.53 billion euros and metals products
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