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Newsletter 502 - 24/04/2026
the rally‑round‑the‑flag effect and exposing the political cost of the OPEKEPE affair... intervention suggest that the political cost of the OPEKEPE affair is far from spent.EconomyGreece braces... towards the western Mediterranean on safety grounds; now this seems a wise choice on the basis of cost
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PMI drops to 52.4 pts in April as manufacturers feel impact of Iran conflict
EconomyMacroeconomybut at slower rates, reflecting cost control efforts and reduced production needs. Lower demand and continued... in April”, said S&P analysts. "The primary impact of supply-chain disruption was felt in cost pressures, as input prices rose rapidly. Cost burdens were up at the fastest pace in almost four years
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PMI improves in May as manufacturers struggle with effects of Iran war
EconomyMacroeconomyhigher. Cost inflation was substantial, well above the historical average and the steepest since June... years, although increases remained below the pace of cost growth. Supplier delivery times continued... disruption to supply chains, while cost pressures escalated further,” they added.
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Government scrambles to ease household pressure as PM targets PASOK and ELAS for “freebie politics”
PoliticsGreek Politicsincome and the cost of living. The findings are unambiguous. Asked to compare their economic... they will travel this summer, down from 49% last year. The majority cite cost as the main barrier... towards low‑cost options. Faced with this sentiment, the government is moving to highlight a series
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomyprevious levels, currently accounting for 88 percent of Eurosystem funding. The cost of ELA funding is circa 175-200 basis points over the respective ECB funding cost and had burdened Greek banks’ NII
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Greece leads way in cutting spending on healthcare, finds OECD
Societysome concern,” say the report’s authors. “For instance, prevention is often a more cost-effective way... and spending when highly cost-effective prevention programmes are not fully implemented.” The report also
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Has internal devaluation really helped Greek exports?
Economythe labour cost competitiveness lost between 2000-2009, prices have not followed the same path. According... stresses that well-functioning products markets are essential for labour cost adjustments to also
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For Greek families, electricity goes from given to must for survival
Societyto be allowed to cover the cost of reconnecting homes. The government, clearly seeing that it has... in the background, which has to do with the cost of these commodities. Eurostat figures published in May
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Why tax evasion threatens to become endemic due to how Cyprus was bailed out
Agorathat cases of tardiness rose as parents factored in the cost of their fine when calculating... percent discount in cost to him. If this continues without measures to stop it, tax evasion in retail
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The Cyprus bailout is different, not only due to the bail-in
Agorathe size of the civil service by 4/5,000 persons. This is not without a cost, however. The large... increase the cost of doing business in Cyprus and increase the “annoyance” factor of doing business
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