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Concern over ICU capacity, support for business generate pressure for ND
PoliticsGreek Politics” December. Despite the prime minister’s efforts to calm nerves in his party, SYRIZA is piling... of the virus. The opposition is now also questioning the government’s decisions regarding schools. SYRIZA..., for instance, now sees 2020 at -9 pct, from -7.5 pct in September and does not expect next year’s
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Unemployment at 16.8 pct in Aug as inactives rise by 2.9 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.8 percent in August from a slightly upward revised figure of 17 percent in July, Hellenic Statistical Authority’s (ELSTAT) data showed... the region’s high dependency on tourism. Before the pandemic, unemployment in Crete was consistently among
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Anniversary of Polytechnic uprising unites left against ND clampdown on gatherings
PoliticsGreek PoliticsPolytechnic uprising against Greece’s military dictatorship, which is traditionally celebrated.... The issue was kindled in Thursday’s parliamentary debate on the pandemic, with the leaders of the Greek... of the political spectrum, with SYRIZA leader Alexis Tsipras questioning the government’s motives
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Alarming Covid-19 numbers fuel opposition's criticism of ND's approach
PoliticsGreek Politics. In Athens, reports suggest that the capital’s main public hospital, Evangelismos, may... we have an irresponsible, neoliberal government that hates the public sector,” said SYRIZA’s... the government’s inconsistent messages and to protect themselves from the virus. She also focussed
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
EconomyMacroeconomyFacility (RRF) are still seen having a significant contribution to next year’s recovery by adding 2.1..., leading to an unemployment rate of 17.9 pct, from 16.5 pct in October’s draft. Support package.... The primary deficit will be 11.14 billion euros, or 6.8 pct of GDP. The same estimates in October’s
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeby the ECB’s Pandemic Emergency Purchase Programme and will remain favourable, also supported by the availability of the ESM’s Pandemic Crisis Support facility. The main revisions of the DSA parameters... nominal growth of 3 pct and higher risk premium reflected in Greece’s refinancing rate. Even
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomyassessments on Greece taking place before the pandemic broke, the Fund updated in this week’s post-programme review the debt sustainability analysis (DSA). The Fund concludes that Greece’s debt... benefit of the ECB’s PEPP scheme, which, according to the allocation key, sees 27 billion euros
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Vaccination scheme gearing up as more jabs arrive, but some scepticism persists
PoliticsGreek Politics’s share is expected to come in the form of the AstraZeneca vaccine, which once approved... Mitsotakis’s original invitation to all political leaders to receive the vaccine simultaneously did... to be vaccinated before the media, starting with MeRA25’s Yanis Varoufakis and SYRIZA’s Alexis Tsipras. Both
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New Democracy's 2021 agenda focusses on reforms, social support
PoliticsGreek Politics, the final cabinet meeting of 2020 turned its focus on the government’s agenda for the coming year... Mitsotakis’s agenda since coming to power eighteen months ago, there appears to be a subtle shift in emphasis... of his government’s priorities, while the creation of a national primary care tier has been given
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Structural considerations for a prosperous Greece
Agora. The key word here is demographics, i.e., the gradual reduction in the country’s population. Eurostat... has higher fertility rates than other euro zone countries). Further afield, Africa is the world’s... well-argued and credible long-run visions for the economy’s potential growth rate and overall size
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