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Waning support in opinion polls generates concern for government
PoliticsGreek Politicspct. The Communist Party is on 10.1 pct and Greek Solution on 9.7 pct as the ultranationalist party... or PASOK has been able to take any great advantage. Greek Solution is the only party making any
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Deposits continue to slide in Feb as households and firms dip into savings
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted further in February with a drop of 1.07 billion euros, after a 5.24 billion euros drop in January, based on the latest Bank...-of-living crisis on savings. The Greek economy entered its debt crisis with 237.53 billion in deposits
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PM attempts to regroup, shift focus after testing week over Tempe crash
PoliticsGreek Politicspolitical proposals to put to the Greek voters. It is questionable, though, how effective this strategy... relief for workers without harming the competitiveness of Greek businesses or disrupting the economy. He
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PBO sees 2024 growth of 2.5 pct hinging on RRF and investments
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published on Monday its latest quarterly report in which it is broadly positive about the prospects of the Greek economy in 2024, though it does flag up concerns... that expect the Greek economy to grow from 2.1 to 2.5 pct. The report notes that the role of the 3.6
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Policing in spotlight after shocking domestic violence incident
PoliticsGreek Politicsat risk, was launched in 2022. In response to Monday’s incident, the Greek police issued a statement..., the amendment was supported by PASOK, Greek Solution, Course for Freedom and Spartiates, securing it a broad
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Government tones down fiscal pledges as tighter framework starts to bite
EconomyMacroeconomyThe tight fiscal framework imposed by the new Stability and Growth Pact rules and Greece's long-standing commitment to primary surpluses above 2 pct of GDP for decades are catching up with the Greek... that Hatzidakis is trying to manage the expectations of Greek voters, but also within his own party
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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
EconomyMacroeconomythe Greek Finance Ministry’s 2.9 pct growth estimate, which was the basis for the 2024 budget. The longer-term outlook is consistent with the IMF view on Greek growth. Growth for 2029 is seen at 1.3 pct
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Government touts upgrades to civil protection amid early start to wildfire season
PoliticsGreek PoliticsThe first wildfires of the season have put the Greek authorities on high alert, with the political leadership set to outline upgrades to the response mechanism in reaction to the catastrophic... lead over PASOK with 12 pct. Greek Solution follows with 10.5 pct, confirming the ultranationalists
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Mitsotakis tempers expectations for EP vote, Kasselakis talks up prospects
PoliticsGreek Politicsexpectations for his party’s performance on June 9. The opposition leader is currently touring the Greek... changes to Greek politics and the country’s economy. Unless the surveys that have been carried out
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Deposits reverse contraction in Mar with 1.67 bln growth
EconomyMacroeconomyThe net private sector deposits in the Greek banking system increased in March with a rise of 1.67 billion euros, after a 1.07 billion euros drop in February, based on the latest Bank of Greece (BoG.... The Greek economy entered its debt crisis with 237.53 billion in deposits at the end of 2009
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