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Newsletter 456 - 21/03/2025
within New Democracy than marking a clean break with the first part of the PM’s second term. The attempt... resigned less than 48 hours after being appointed. Deputy Development Minister Aristos Doxiadis... percentage points lower than in January. Course for Freedom has grown its support by 10 points to 15.9 pct
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Konstantopoulou dominates opposition politics as PASOK and SYRIZA struggle to make mark
PoliticsGreek Politicsthan 30 pct since New Democracy came to power, with more voter-friendly measures later this year... than 50,000 euros is something that the government is hoping to implement in the coming months. SYRIZA... pct, but this is 2.3 points lower than in February. Mitsotakis also remains the most popular party
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ND in danger of being blown off course by farming subsidy scandal
PoliticsGreek Politicsthe product of longstanding errors and failings rather than an organised deception that took place on its... garnered more than 3 pct. The percentage of undecided voters remained relatively stable at 8.9 pct. In the projected results, ND gets 28.5 pct, almost two points lower than in May, while PASOK gets 13.1
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Taking a macro snapshot
Agorawidely known is the figure of 17% of Greece’s labour force being unemployed for more than one year... is depressing enough, the figure that represents over 800’000 Greeks out of a job for more than a year... higher than the May and June 2012 period, orders are at the same levels, both indices have rebounded
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Is VAT all you've got?
Agora, the symbolism of the reduction is perhaps more important than its economic impact. Samaras presented... for Greece but much less than a triumphant achievement. From the troika’s side, it appears more of an attempt to fob the government off rather than a genuine concession aimed at stimulating the economy
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Tech start-ups click into place to fight off Greek recession
Societyobstacles for Greek entrepreneurs in all sectors. Between 2009 and 2011, more than 486,000 businesses... that was founded by two Greeks in 2001 and is now active in 32 cities around the world with more than 500.... There are more than 200 companies active in a sector which only had a few firms before the crisis. Among
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OECD's Greek debt forecast shakes foundations of troika DSA
EconomyMacroeconomya debt sustainability analysis (DSA) that is far more pessimistic than the most recent troika... and prices. According to a mid-term growth scenario that is less optimistic than that of the troika, Greece’s real GDP level in 2020 will be about 6 percent lower than that forecast made by the country’s
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Key Greek election date firms up; turnout could prove crucial
PoliticsGreek Politicsstands than the local vote, where candidates are often independents or run with the backing of more than.... It is not clear that fewer voters taking part would lead to SYRIZA gaining a lower percentage than it hopes... a resounding victory if turnout is low and fewer than half of eligible voters cast their ballots
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomypercent next year. The updated OECD projections remain lower than those of the European Commission (EC... to different methodologies. Nevertheless, the rate of decline in OECD projections is much slower than... lower than its November forecasts. Although the 2014 estimate is in line with the EC projection
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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economyspent less on average last year than in 2012. The average spending per trip eased by 1.9 percent year on year to 604 euros, remaining 38 percent lower than that of Spain (976 euros). In contrast... respectively. Compared to its competing destinations, Greece’s share is only lower than Cyprus (6.8 percent
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