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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek PoliticsDetails are emerging of the government’s plans for further economic support measures to cushion... and SMEs. The joint statement issued at the end of Monday’s meeting acknowledged the increased.... In a post on social media, Professor Gikas Magiorkinis, a spokesman for the government’s expert
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Tsipras berates govt over treatment of pensioners
PoliticsGreek Politics’ Network following the government’s announcement of the latest 1.1-billion-euro relief package aimed..., among others. According to New Democracy’s calculations, up to 676,735 retirees earning less than 600... with the government’s latest handout which, Tsipras said, would only reach 27 pct of pensioners
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Hirings turn positive, but with low balance, in Feb
EconomyMacroeconomyGreece’s employment balance turned positive in February with 15,189 more hirings than departures, according to data from the Labour Ministry’s Ergani information system. This came after a negative... September, when teachers get rehired as the school year starts. This year’s February balance is one
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
EconomyIn the governor’s annual report released on Thursday, the Bank of Greece (BoG) assesses the impact... that supply chains are restored and energy prices fall. BoG notes that drivers for this year’s growth... of savings and the ongoing growth of exports. Greece’s central bank also notes that restoring fiscal
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Imminent end for enhanced surveillance offers boost to beleaguered govt
PoliticsGreek Politicsto follow by the end of the year. However, it would also lead to some clarity over Greece’s fiscal plan... crisis and rampant inflation. According to a report in Sunday’s To Vima, the institutions agreed... being able to upgrade the country’s sovereign debt. The interest payments come to 5 billion euros
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Govt eyes own energy package if EU fails to approve joint action
PoliticsGreek Politicsby the government so far are not sufficient. This has led to New Democracy’s lead over SYRIZA being... meaningful intervention to limit energy costs will place at risk the government’s so-called... crisis is having on his government’s popularity could force his hand in the months ahead. Kathimerini
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicswage. The increase, however, falls short of what others have been calling for. GSEE, Greece’s largest..., Health Secretary Thanos Plevris hosted a press conference to outline the government’s new approach... of the government’s expert committee presented data which showed new Covid admissions have fallen by 37 pct
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Podcast - Rising sun: How will PASOK's revival affect Greek politics?
AgoraGreece’s socialist party, PASOK, was the powerhouse of Greek politics since the early 1980s... in the next government. In the last few days, party members voted to reinstate the party’s traditional name.... With national elections due in the next 12 months, The Agora podcast takes a closer look at PASOK’s
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Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise
EconomyMacroeconomyGreece’s industrial turnover growth remained strong in March, rising by 38.3 percent year-on-year.... In other indicators, Greece’s Manufacturing PMI rose marginally to 54.8 points in April, from 54.6 points... improvement in conditions in the Greek manufacturing sector. Meanwhile, from the European Commission’s
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New energy subsidy scheme nearing launch as public remains sceptical
PoliticsGreek PoliticsDemocracy. The positive reaction to Mitsotakis’s recent visit to Washington, which included a meeting... a small movement in the support for the two main parties since the company’s last survey on May 15. Backing for New Democracy edged up from 31.7 pct to 32 during that time, while SYRIZA’s ratings rose
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