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Home testing starts as govt aims to break free from pandemic's grip
PoliticsGreek PoliticsThe government has started the week by focussing on what it hopes will be an imminent de-escalation... impact to be known, the government has already indicated that self-testing will be extended... of the vaccine programme has picked up in comparison to last month. As of Friday, around 500,000 jabs
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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomyGreece has submitted to the European Council and Commission its Stability Programme for the period... as the pandemic still has a hold on the Greek economy and the expected flow of RRF funds has been scaled back... running into May. The headline budget figure for 2021 has been revised down by 6 percentage points
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ND unveils labour bill as parties line up for head-on clash over reforms
PoliticsGreek Politicsof adapting the labour market to the modern world by empowering employees. The government has... more power to shape their working schedules. Although this kind of flexibility has been evident... not reflect well on the party’s trustworthiness. The ruling centre-right party has found itself
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Complaints harden as govt lays out content of labour bill
PoliticsGreek PoliticsThe bill containing the contentious labour reforms put forward by the centre-right government has...’ rights and needs and not vulnerable to political pressure. However, each of these proposals has drawn criticism either from opposition parties, unionists or commentators. For instance, it has been
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Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
EconomyMacroeconomy. Meanwhile, compared to May 2020 when the ESI stood at 88.5 it has posted a significant recovery... compared to May last year when it stood at -33. However, it has some distance to cover since..., turning positive for the first time in months. Year-on-year, industry confidence has jumped by 47.4
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Newsletter 299 - 04/06/2021
as the opposition tries to convince voters that New Democracy has little interest in Greek society... in its popularity which has been a feature of polls over recent months. The latest opinion poll conducted... the final programme was completed in the summer of 2018. The institutions conclude that Greece has taken
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Labour bill clash reaches climax as MPs prepare to vote on reforms
PoliticsGreek Politicsparty is modernising Greece by creating labour legislation that has greater flexibility built... in other countries, such as France and Spain. The government has also attempted to counter criticism... on favouring business owners and helping them increase their profits. This has been a criticism levelled
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Economic sentiment stable in June, but consumer confidence drops
EconomyMacroeconomyof the pandemic - the ESI stood at 87.6 and it has posted a significant recovery of 21.1 points... 2.1 points higher compared to June last year when it stood at -27.7. However, it has some way to go... in months. Year-on-year, industry confidence has jumped by 21.1 points, albeit from the very low base
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Newsletter 303 - 02/07/2021
). Of course, the public’s expectations have been tempered as a result of the impact Covid-19 has... that we will need to have something to show for the positive work that he claims his government has done... environment has not been conducive for significant long-term foreign investment in Greece, and New
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomyand it has been on the mend since with a recovery of 24.6 points. The deterioration in sentiment from... at -34.7. However, it has some way to go to match the previous high of -4.8 in February 2020. Industry... for the third consecutive month. Since the start of the year, industry confidence has improved by 17.4
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