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Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat
PoliticsGreek Politicsbe held on June 25. This matter is likely to be cleared up swiftly so that by Tuesday... the 3 pct mark, it will push up the threshold needed for New Democracy to gain a majority and could lead to Mitsotakis ending up with a slimmer advantage than he currently has. SYRIZA headaches However
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Mitsotakis bids to hold on to voters with loose allegiance to ND
PoliticsGreek PoliticsKyriakos Mitsotakis is not letting up in his bid to convince Greeks to give him and his New..., which is hoping to scoop up some of the votes that went to the conservatives in the May 21 vote..., Mitsotakis and other ND officials have not let up in their insistence that there are no coalition
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Mitsotakis starts second term, prepares to name cabinet and launch reforms amid far-right rise
PoliticsGreek Politicsis rumoured to be the next defence minister. Gerapetritis’s departure will lead to a minor shake-up... Papastavrou is being lined up as a new addition to the team in the Prime Minister’s Office. The alternate... and public-private partnerships. Nikos Papathanasis is being lined up for this role. Former Labour
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Producer prices for June increase in most categories aside from energy
EconomyMacroeconomy. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually.... This rise reverses four continuous monthly contractions. The index over the rolling 12-month period is up... and gas supply up by 3.8 percent. Goods sold to the foreign market were down by 23.2 percent YoY
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Waiters and hospitality jobs lead way as hiring balance improves YoY in June
EconomyMacroeconomy, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 20,007 year-on-year, while voluntary exits were down by 1,690. Hires were up by 27,965 jobs compared to June last year, while departures are also up by 18,317. The proportion of hirings for full-time work came to 54 percent
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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
EconomyMacroeconomy. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually... the rolling 12-month period is up by 3.1 percent. The products sold in the domestic market dropped 8.3..., intermediate goods increased by 0.1 percent, capital goods were up by 2.5 percent, durables up by 1.6 percent
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State braces for losses as bank divestment plan is put into action
EconomyBankingof state capital, which pushed up state participation to almost full ownership at 98.6 pct holding. As HFSF... billion euros. Eurobank ended up with the ownership of the healthy part of the Hellenic Post Bank, and took ownership of Proton Bank, which also had received 550 million euros to tidy up its balance
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Newsletter 396 - 06/10/2023
advance from 2019, when female candidates made up just 10.8 percent of the total. Out of them, only 18... backing is up to 6 pct. On the local front, apart from a clean sweep of the 13 regions, New Democracy... there are 332 mayorships up for grabs in total, these three are the only ones where ND has officially
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Newsletter 398 - 20/10/2023
more explicit policy statements from the new leader, while the runner-up in the leadership contest... its credit rating review. It places Greece one notch away from investment grade. S&P moved Greece up..., an upgrade is possible over the next 12 months if fiscal discipline is maintained up to 2026
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Government feels pinch from public's fears about high cost of living
PoliticsGreek Politicspushed the cost-of-living issue back up the political agenda and is putting greater pressure... that Greece’s HICP moved up by 3.9 pct in October after a 2.4 pct rise in the previous month. Skrekas’s... it faces as it could gradually erode support for New Democracy. This concern is backed up
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