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Card transactions in Greece experience boost due to capital controls
EconomyBankingincentivised, the higher use of cards and the improved tax revenue collections entailed could taper off... of 840 euros every two weeks which is the limit currently in place, or 1,680 across a total of 28... this year, it became possible to transfer 4,000 euros per customer every two months out of the country. Most
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Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct
EconomyFeaturesto a new study, but the low number of arrivals this year could shave off a tenth of national output... contribution, this figure rises to between 27.5 and 33.1 percent. In 2019, from every euro of tourist activity, another 1.20 to 1.65 euros is added in extra economic activity. As a result, for every one euro
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Health minister hogs spotlight, puts PM in tricky position
PoliticsGreek Politicsoff. Georgiadis claimed that a doctor had struck him. The doctor, Dimitris Ziazias, was arrested... designed for social media, where every clash becomes content and every denunciation fuels engagement. One
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Newsletter 497 - 06/03/2026
a percentage point off projected growth. Tourism — the crown jewel of the economy — is already wobbling. Pre... government immediately recognised that this was not a distant conflict. It touched every pressure point.... The opposition sees danger in every step: mission creep, alliance overreach, economic vulnerability
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Newsletter 201 -21/04/2019
Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from...) to pay off some of Greece’s International Monetary Fund (IMF) loans before they mature. Greece... off at least some of the IMF loans early. Greece currently owes the IMF just under 10 billion euros
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Ladies and gentlemen, please fasten your seat belts
Agora“take off” in September. We are now nearing the end of October and there has been no departure... surplus at the end of the year would be enough to ward off any demands for more cuts from the troika... at a Eurogroup meeting last November, will be put off until after May’s European Parliament elections
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How Samaras backed himself and Greece into a corner over bailout exit
Agorabillion euros in loans from the International Monetary Fund due in 2015 and 2016, casting off... was getting ahead of itself. Just days after Samaras unveiled his vision for rounding off the year... this is a plan that leaves Greece better off. Then again, though, perhaps it is just a plan to save
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How snap elections in Greece fit into Samaras's strategy
Agoraattempts to put off the inevitable. There was never a convincing case that the coalition’s... percentage points that is in the minds of those strategists who believe that Samaras might be better off... indicating that the government wrote off the possibility of electing a president, the decision to rehire
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Between Scylla and Charybdis
Agora, even in the optimistic scenario that a No vote on Sunday will kick off a period of negotiations... impact on the Greek economy, hitting budget revenues hard and throwing the overall budget off track... which they don’t have and will be effectively be cut off from any access to euros. As I have argued
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Pensions main source of finance for half of households as income falls again
Societyof households reporting that they were worse off quantitatively and qualitatively than before...) and education. Over half of households said they put off going to a doctor and receiving medical treatment... a household appliance, while 35 percent put off getting their car serviced. While almost one in ten
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