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Greece and the euro: The flight of Icarus
Agora, as some of the people in the audience today will know very well. Greece saw joining the euro as part... meant structural factors were overlooked. A period of belt-tightening before euro entry saw Greece’s public deficit and debt fall. This satisfied European policymakers that Greece was on its way towards
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
EconomyMacroeconomyin December 2017. The monthly movement was driven largely by a fall in Emergency Liquidity... programme was agreed. The majority of this fall (69.34 billion) comes from a lower reliance on ELA...Greek banks’ Eurosystem funding fell by around 4.58 billion euros in January, Bank of Greece's (BoG
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The year that Greece (nearly) saw it all
Agorathe eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier... will unlock funding Mar 30 Society Third of Greek households trapped in debt and poverty, study
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyto the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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Is the cost of Greece's public sector soaring again?
EconomyFeaturescuts that preceded the SYRIZA-ANEL government. While some of the claims of rampant hiring...As Greece approaches the end of its bailout programme, claims are emerging that the SYRIZA-ANEL... risen by 600 million euros since the SYRIZA/ANEL government took office. This claim is supported
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Newsletter 271 -30/10/2020
that a large portion of workers fell into one of three categories: Either they saw their work suspended... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure
EconomyMacroeconomybillion euros. The majority of the fall (86.48 billion) originated from a lower reliance on ELA...Greek banks’ Eurosystem funding declined by 1.24 billion euros month-on-month (MoM) in January..., the total for central bank funding comes to 9.83 billion versus December 2018’s figure of 11.07 billion
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With eye on elections, Tsipras talks up public sector hirings
PoliticsGreek Politicsto be beaten in those ballots and it would risky to hold a national vote in the wake... partner, Independent Greeks (ANEL), is expected to depart once the Prespes Agreement on the Macedonia... and the Help at Home scheme. He said these hirings would not burden the budget as funding
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