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Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up to 25.2 percent in June from 25.... Similarly to the SA rate, the NSA figure for June is the second lowest reading in the first-half. The slight deterioration in the jobless rate in June is attributed to a decline in the number
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More Greeks waved forward for vaccine as basic coverage edges to 40 pct
PoliticsGreek PoliticsGreece has opened its vaccination platform to the 25-29 age group as it seeks to build a wall... has seen a slight increase in the level of protection for the 70-79 age group as 76.2 pct have... been administered in Greece. Almost 40 pct of the population has received at least one dose, while
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Pandemic surge creates fresh political and economic doubts
PoliticsGreek Politicsdevelopments have also put pressure on the vaccination programme, which has experienced a reduction recently... figures and influencers, to convince more Greeks to get the jab. For the time being, the increase in cases has not put any added pressure on the health system, but it is putting a damper
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PM makes new bid to address Covid wave, speculation about restrictions
PoliticsGreek Politics, pushing the percentage of the general population that has had at least one jab up to 63.9 pct, while... as the public administration, to revert to teleworking wherever possible. The government has been.... There has also been speculation that an ulterior motive for Mitsotakis’s speech is to quell
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammethe rise in the VAT rate on islands hit by the refugee crisis. Summing up, Greece has to pay, largely... Greece has to pay 6.46 billion euros for GGB redemptions (4.03 billion to the ECB and 2.43 billion... in GGBs held by the ECB are due. Greece also has to pay 620 million in March, mostly to private investors
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The place where sanity goes to die
Agorathe other way and sign off on what was presented as progress in the Greek programme. Now the IMF has... bargaining in the near future. This time, the holdup is not because Greece has not delivered on what it has... debt sustainability analysis (DSA) has been leaked to the Greek media. According to reports
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Chasing investment, the Greek dream
Agorabillion in the latest quarter of this year. Reviving investments in Greece has become the Holy Grail... and international organisations that monitor the Greek economy. Investment spending has a strong multiplier... a nominal growth rate of 4 percent. The main stakeholders in domestic politics appear to agree
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgrammewill recognise that the second post-programme review has been concluded after Greek Parliament approved... foreclosure. Athens believes that it has done enough to clinch the funds from its lenders after amending... and, according to reports in Greece, the European Commission is expected to advise that Athens has
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek PoliticsThe government has unveiled the draft legislation that paves the way for Greece to adopt a new... of the more recent coronavirus pandemic. The bill has been in the works for many months after being... with the towering private debt that has been amassed, particularly over the last decade or so
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Newsletter 345 - 08/07/2022
in the prime minister’s reasoning has led to further speculation about his true intent. Many commentators... when it rubs uncomfortably against his party’s political instincts. The government still has... representation system, do not produce a clear winner, a coalition should be formed rather than holding a second
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