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Govt mulls more tools against inflation as cost of living set to soar
PoliticsGreek PoliticsThe markets’ reaction to conflict in Ukraine has sent the government in search of additional policy... consequences of what he called an “unprecedented crisis”. The Energy and Environment Ministry has already... of the additional fiscal space has already been used up for exceptional measures and tax cuts. On Monday
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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicsthe government has already announced. Over the weekend, media reports outlined the kind of interventions... to vulnerable households, and the energy bill subsidy that has been in place since last September... wheat-based products as the price per ton has jumped to 450 euros, from 300 euros before the Russian
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Athens hoping for period of calm in Greek-Turkish relations after PM's talks with Erdogan
PoliticsForeign Policythe backdrop of the war in Ukraine, which has allowed the two sides to discuss as “NATO partners” and “pillars... for this autumn. It will be the fifth meeting of this council, which was first convened in 2010 and has... is counting on LNG supplies and has also stressed the need to speed up the exploitation of offshore oil
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SYRIZA challenges govt over Covid deaths again as pandemic numbers rise
PoliticsGreek Politicsends meet. Although this has not yet translated into a significant or sudden drop in support for ND, the fact that its share of the vote has fallen below the combined backing for left-wing SYRIZA... to intensive care. SYRIZA has long argued that the government did not do enough to strengthen public
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Economic sentiment holds in Mar as consumer confidence falls sharply
EconomyMacroeconomyperiod, the ESI has increased by 15.5 points compared to April 2021. The indicator hit its most recent... 114.1 points in January, recording a sharp decline. The EEI has risen by 3.5 points in the rolling... confidence has increased by 17.1 points. The services index dropped by 5.5 points to 37.7. Services
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek Politics-of-living crisis, which has been exacerbated by the war in Ukraine, is the government’s biggest concern... from 30.7 pct in December to 28.6 pct this month. During this period, support for SYRIZA has risen by 1.5 points to 21.2 pct, while KINAL has remained virtually unchanged on 13.4 pct. The MRB survey
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Tsipras strengthens hold on leadership at fractious SYRIZA conference
PoliticsGreek Politicsmeant that SYRIZA has waited a long time for an opportunity to regroup since losing power to New... 2015-2019. While holding on to a solid second position in the polls since then, the party has suffered something of an identity crisis which has prevented it from capitalising on the gradual haemorrhaging
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomy0.4 pct for 2022. This has now been upped to 4.5 pct, before settling at 1.3 pct in 2023 and 1.9 pct... pct of GDP in 2027. Bank of Greece data over the last few months has highlighted a significant... at that level all the way to 2060. The IMF has expressed its reservations and presented research
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Where is Odysseus? Part 2 - Uncertainty
Agora, so we need to ask what has happened to the economy in the meantime, and whether Odysseus is still... were to accept more immigration than is assumed in the baseline calculation. Recently, Greece has had...” scenario above. But, fertility is another matter. Greece has relatively low fertility and it has been
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PM checks up on wildfire strategy, vital to election plans
PoliticsGreek Politicsrelied heavily on assistance from abroad to tackle the blazes. It has been decided that this year... then, there has been concern in New Democracy circles about what impact another destructive fire season... Democracy MPs. As a result, the PM has a considerable amount riding on his moves paying off this year
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