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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicsemployees are surviving thanks to state support. The numbers reportedly show that 32.6 pct of the employees... support, such as reductions of rents and deferrals of obligations. Furthermore, 800,000 companies have... to the wide array of support measures it has adopted this year, while also flagging up the reduction
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Stricter Covid-19 restrictions mulled, but Greeks warming to vaccine
PoliticsGreek Politicsmaintaining a significant lead over its political rivals. Support for the centre-right party stood at 37.... It edged up by half a point to 7 pct. The breakdown of support suggest that ND has retained 80 pct... of its current support. The equivalent number for SYRIZA is just 3 pct. There appeared to be even more
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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomyto provide four months of continuous support. Finance Ministry officials let it be known via the media... spending in support measures and lower intakes in the form of VAT and eventually income tax. This situation has forced the authorities to earmark most of the total annual support budget of 7.5 billion
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Challenges piling up for govt as spokesperson departs
PoliticsGreek Politicsexpressed negative sentiments and 39% positive. This has had a notable impact on support for New Democracy... on this rough patch for ND. Support for the main opposition party remains unchanged at 24%. Movement... Party (KKE) on 4.5%, followed by radical left MeRA25 on 3.5%. The breakdown of support indicates
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Newsletter 279 - 05/03/2021
a notable impact on support for New Democracy, which has dropped by 3 percentage points since November... that SYRIZA has not been able to capitalise on this rough patch for ND. Support for the main opposition party remains unchanged at 24%. The breakdown of support indicates that New Democracy remains dominant
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PBO sees just 2.7% growth this year, warns about private debt
EconomyMacroeconomyto the baseline scenario, where an additional spending of 5 billion euros in support transfers will boost... in the form of support measures from transfers, or added investment spending from the state, assisted... of fiscal support to date, the PBO estimates on a cash basis total support so far at close to 25 billion
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Govt prepares new round of economic relief as Covid remains a threat
PoliticsGreek Politicseconomic support to make up for the longer than expected impact of Covid-19, even though the virus’s... Ministry had initially envisioned paying out in 2021 to support businesses and households. There will be a series of support initiatives in April. Some will be completely new, while others will consist
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Newsletter 292 - 09/04/2021
, extraordinary package of economic support for businesses that have to remain closed this month... before the potential negative effects of withdrawing state support for businesses due to Covid-19... pct of GDP next year, from deficits of 7 pct of GDP in 2020 and 6 pct this year, as support
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyabruptly but will continue offering support to employment, that will keep the unemployment rate... deficit in 2021 at 10 pct of GDP. This is because aside from the necessary measures to support... and the lifting of travel restrictions. The solvency of firms once support measures are phased out is also
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Newsletter 296 - 14/05/2021
far cushioned the blow on the economy will not be cut abruptly but will continue offering support.... This is because aside from the necessary measures to support the economy in the first half of the year... of firms once support measures are phased out is also a major consideration, just as its impact
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