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Gathering signs of coronavirus impact on growth expectations
Economyby 2.54 percent this year under the baseline scenario, lower than the government’s projection of 2.8... by 2.2 percent this year against a baseline of 2.5 percent, which as mentioned is already lower than... to 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could
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Newsletter 242 -06/03/2020
that it expects Greece’s economy to grow by 2.54 percent this year under the baseline scenario, lower than... as mentioned is already lower than the government’s forecast of 2.8 percent. Under the second adverse scenario, GDP growth could come to 1.9 percent in 2020, almost a full percentage point lower than
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Govt holds firm on no lockdown as health system teeters
PoliticsGreek Politicsproblem”, suggesting that the intubations are happening in this way because of doctors’ decisions, rather than any shortages. He went on to suggest that patients are only placed in ICU when their situation... then. In fact, they may be hoping that better-than-expected revenues at the end of this year could provide
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Pension rises approved as public opinion teeters ahead of election year
PoliticsGreek Politics, although the economic environment is expected to be tougher next year than in 2022 as a result of lower... Democracy, while SYRIZA and Greek Solution abstained from the ballot rather than voting against the law... will see a rise, which will probably be lower than inflation, around a third will not as they have
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Does the EU Commission suffer from optimism bias? (Part 2)
Agora, based on overoptimistic assumptions. Regrettably, this problem is common. * * * In his book “Thinking... to the planning fallacy. In its grip, they make decisions based on delusional optimism rather than on a rational... it is not. Making optimistic scenarios is more common than you may think. One of the authors of these blogs
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Newsletter 377 - 07/04/2023
in the first ballot and more than 36 pct in the second). Although New Democracy’s support dipped last... towards how it can secure a parliamentary majority, rather than be locked in a fight for first place... that unpaid bills and bad loans are a key problem for the Greek economy and that the government has
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Androulakis well-placed to retain PASOK leadership as Doukas sneaks into run-off ballot
PoliticsGreek Politics, Doukas managed to narrowly hold off Geroulanos, earning just 858 votes more than his more experienced.... It is thought that the supporters of the four candidates are more likely to support Androulakis than... on the backfoot going into the run-off ballot. This also speaks to a wider problem for PASOK
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Newsletter 436 - 11/10/2024
votes more than his experienced rival. Doukas, who only took up his position at Athens City Hall... leadership candidates in the Greek capital and fourth in Attica. This also speaks to a wider problem... of just over 300,000 is considered satisfactory, especially given that it was higher than in the 2021
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Government shows its concern about Middle East impact, farm subsidy probe
PoliticsGreek Politics, Greece is in a better position than in the past to absorb and respond to any impact. Much... in the Middle East will lead to a fall in the number of Israeli visitors to Greece. Last year, more than... that there will be fewer visitors than in 2024. Despite the precariousness of the situation, Finance Ministry officials
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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek PoliticsGreece’s demographic, as well as housing, problem by making available quality, affordable homes... cumulative increases of more than 50 pct since 2018. In Athens, the epicentre of this surge, prices have climbed even more steeply. They are up by more than 70 pct over the same period. Rents have
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