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Opposition takes aim at cost of living
PoliticsGreek PoliticsWith the cost of living continuing to be named by Greek voters as their top concern, the main... margins for food, industrial goods and farm supplies with the aim of limiting cost along the supply... of the party’s parliamentary team requested a debate in Parliament on the cost of living. Sokratis
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammethat a comparative cost-benefit analysis of the proposals by the HFSF and Bank of Greece are needed before proceeding... to Greece, Peter Dolman. “At the same time, the government should also be focussing on non-wage costs so
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammesector employment reforms which if realized could cost as much as 9 billion euros on a one-off... sustainability analyses.” On Thursday, the head of the International Monetary Fund’s mission to Greece, Peter
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Newsletter 323 - 14/01/2022
parties have been accusing New Democracy of being too hesitant to act on the escalating cost... to peter out by February and for the current pressure on the health system to ease. For the time being
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PMI dips to 49.4 points in February as cost burdens pile up
EconomyMacroeconomyin soaring cost burdens in February, with cost inflation accelerating for a seventh straight month..., according to Markit. The marked increase in cost pressures led firms to hike selling prices midway... since July 2008, with companies partially passing the cost increases to clients. Longer lead times
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Flagship pension reform hits snag over transition cost
PoliticsGreek PoliticsGreece’s lenders regarding the cost of a transitioning to a new system for supplementary retirement.... Actuarial studies have put at 56 billion euros up to 2070 the cost of transitioning to the new scheme... this cost at 48 to 76 billion euros. This amount has caused concern among European officials
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek PoliticsThe government is mulling further measures to cushion the impact of the cost-of-living crisis... that voters consider the cost-of-living a more serious concern than any other challenge... to the ultra-low rate of 6 pct, which would cost 100 million euros. There is also continued talk of reducing
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek PoliticsAthens continues to press for solutions to the energy crisis at an EU level as the cost of domestic... to 0.15-0.17 euros per KWh. This means that the scheme will cost 337 euros per MWh compared to 200 euros in July, pushing the total cost of the subsidy up by 411 million euros compared to the previous month
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Speculation over polls heats up as parties battle over cost-of-living measures
PoliticsGreek Politics. With the escalating cost of living dominating public concerns, the main contestants continue to debate who is best... and the government does not intend to change it. Cost-of-living measures Both the main parties are working on the assumption that the cost-of-living crisis will form the main battlefield for the next contest
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Cost-of-living protest adds to government's concerns
PoliticsGreek Politicsrises in the face of the cost-of-living crisis. The large protest march in Athens was the first... the cost-of-living crisis, the centre-right government moved swiftly and decisively to mitigate the rising cost of electricity by subsidising bills since late last year. Greek households pay among
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