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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomy’s lenders to improve the competitiveness of the economy, the automatic three-year maturities... will not buy into the idea that the economy is growing unless their wages reflect this narrative, and their standard of living improves. New Democracy has made it one of its leading pledges
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Mitsotakis intervenes in EU migration debate as PASOK challenges wildfire policy
PoliticsGreek Politicsgroup also remains highly active, focusing on cost of living, the economy, health, education... people and productive sectors. ELAS is also preparing thematic interventions on the economy, rule of law... temporary, strictly controlled adjustments to standard procedures, including accelerated asylum
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammebuoyancy as the economy recovers. In addition, the track record of under-executing the budget also points... measures are needed to close the projected gaps of 2.02 billion (1.1 percent of GDP) in 2015 and 3.74... standards for provisioning and NPL income recognition and require banks to adhere a more conservative
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyfigures imply the domestic economy grew by 0.7 percent in the 9-month period, slightly higher than... of SA GDP components showed household consumption rose QoQ for the second consecutive quarter by 1.1... that the historical figures (revised by ELSAT before two weeks according to the ESA 2010 standards
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Wildfires and healthcare failings test government over summer season
PoliticsGreek Politicsfocus on arrests in connection with arson. So far this season, there have been over 300 arrests, while... of the incident, arguing that the hospitals which responded were adequately equipped and all standard... are warning that many regional healthcare units do not meet adequate safety standards due to gaps in basic
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EU–Mercosur deal promises gains for industry, risks for agriculture
EconomyTensions around the recent Mercosur trade deal are far from settled after the European Parliament... a double standard: Greek beekeepers, for instance, must follow strict EU environmental rules, yet they face competition from 60,000 tonnes of South American honey produced under different standards. Farmers
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It will happen when it happens - The vaccination entanglement in North Macedonia
Agorafaced by other countries, but the stapes taken by the institutions so far convinced us that we have... the decision of the citizens to be vaccinated in Serbia with this vaccine. So far no information... the dilemma health or the economy is the first priority in this pandemic. The shortage of vaccines
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Greece - Some structural macroeconomic arithmetic
Agoraoutlook for the Greek economy. This blog attempts to place the messages in context by looking... are nested inside a temporary cyclical position that the economy happens to be in at the time that the outlook is made. For instance, when an economy has suffered an adverse shock and has had weak
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Consensus, conviction and the anti-racism bill
Agorablows. A surge for far-right Golden Dawn is of particular concern to government officials. One... and elsewhere rather than to back the anti-racism law now in an effort to disperse the far right... anti-memorandum crusader, to peacemaker with the troika and now standard bearer for fiscal adjustment
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Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
EconomyMacroeconomy, but this trend started reversing last May when it stood at -21.9 points. Retail trade sentiment increased by 1.1... since June 2021. The overall economic sentiment (ESI) recovered by 2.9 points in May, rising to 108
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