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PM hails uptake of food voucher scheme amid growing evidence of hardship
PoliticsGreek Politicsfor refusing to cut consumption taxes and tolerating profiteering by retailers. The prime minister’s celebrations coincided with the release of the annual income survey by Greece’s largest union GSEE... was confident in the party’s strength heading towards the polls. Karamanlis had not been publicly
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Train tragedy prompts urgent questions about railway safety
PoliticsGreek Politics36 deaths and dozens of injuries has laid bare the deficiencies in the country’s rail network... for the PM’s planned visit to the railway telecommand and signalling centre for northern Greece... and mismanagement at the former state railway company TRAINOSE, which was sold to Italy’s state-owned Ferrovie dello
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PM forced to adjust line over deadly train crash amid public anger
PoliticsGreek Politicson lifestyle issues such as book recommendations. However, this Sunday’s post carried a much more sombre... signalling and safety systems were in place. The PM’s initial comments were also deemed by some... said would be a non-partisan committee of experts. However, the government’s motives for creating
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NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
EconomyBankingimproved on the bank’s guidance for 2022, of 1.8 billion euros. P&L Net interest income (ΝΙΙ) increased..., from 53.49 billion euros in 2021. Gross loans were 37.05 billion euros in 2022 with NBG’s loan to deposits ratio came to 59 percent, from 57 percent in 2021. NBG’s participation in the ECB’s TLTRO/LTRO
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In search of majority, PM looks to bring back wavering voters
PoliticsGreek Politics, as he sees it, to continue reforming Greece’s public sector to make it more efficient and professional... even after a second vote. In comments over the weekend, the PM’s chief of staff, Akis Skertsos.... New Democracy’s argument is that SYRIZA’s approach is to stateist and union-friendly to be able
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Macroeconomic fundamentals for Greece
Agora(2020-2029)? Demographics. To answer this question, let us start with Figure 1. Data are from the UN’s most... underneath this development is the participation rate (PR= LF/WAP). Greece’s PR has always been low...). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during
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Parties hope to set tone as they start unveiling election candidates
PoliticsGreek Politicsmeans that ND’s parliamentary group will be refreshed. Of course, the party will elect fewer MPs than... occurred within SYRIZA’s voter base: 40.4 pct of its supporters identify with democratic socialism, 30.6 pct with social democracy and just 7.3 pct with communism, which is where the party’s roots could
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SYRIZA's coalition options scrutinised as Tsipras remains focussed on first place
PoliticsGreek Politics’s officials. Former ministers Euclid Tsakalotos and Yiannis Dragasakis indicated on Wednesday that even if SYRIZA comes second in next month’s vote, it could form an alliance with other opposition... this with Prime Minister Kyriakos Mitsotakis’s public refusal to countenance the idea of forming a government
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S&P only ups outlook, waits for political clarity before rating move
EconomyS&P left Greece’s rating unchanged at “BB+’, while it upped its outlook to positive from stable... of the agencies accepted by the ECB, with Moody’s placing the country’s sovereign debt three notches from investment grade. The outlook is positive for Moody’s and S&P, while it is stable for Fitch and DBRS
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ND quick out of blocks as election race gets underway officially
PoliticsGreek Politics, although still below the 30.2 pct reached before the deadly train collision. SYRIZA’s support has... after the Tempe crash, and which delivered a blow to the government’s ratings, beginning to wane.... Fanaras also points out that in the latest sounding, 36 pct of respondents view the government’s
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