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Newsletter 500 - 27/03/2026
to opt for targeted relief rather than a cut to the Special Consumption Tax reflects both fiscal... rather than addressing their causes. At the same time, the Government Council for Foreign Affairs... continues to shape public sentiment in ways that are both emphatic and nuanced. More than 70
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PM puts on show of unity from ND congress stage as party cohesion frays
PoliticsGreek Politicsthat the political clock is ticking faster than the constitutional one. Mitsotakis presented a long‑term roadmap... the transformation. One of the most repeated lines of the congress was that ND is “more united than ever... Tsipras’s new formation than the party they currently belong to. In an unprecedented development, some
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Taking a macro snapshot
Agorawidely known is the figure of 17% of Greece’s labour force being unemployed for more than one year... is depressing enough, the figure that represents over 800’000 Greeks out of a job for more than a year... higher than the May and June 2012 period, orders are at the same levels, both indices have rebounded
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OECD's Greek debt forecast shakes foundations of troika DSA
EconomyMacroeconomya debt sustainability analysis (DSA) that is far more pessimistic than the most recent troika... unemployment and the flexibility in labour markets, which could put further pressure on nominal wages and prices. According to a mid-term growth scenario that is less optimistic than that of the troika
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Newsletter 12 - 23/01/2015
parties to amass 11 percent in order to secure 151 seats. percent, which is much higher than its potential... in March. In previous transactions like this, foreign investors purchased more than half of these notes... and much lower than those before the June 2012 elections. The BoG has officially stated
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Newsletter 25 - 08/05/2015
and other operational costs, it is believed that more than half of local government The government... than planned, equally divided over the two months. Although this accordingly increases the state’s.... The Tsipras–Juncker statement suggests that sensitive issues such as pension and labour reforms will be put
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The main political scenarios ahead for Greece should it reach a deal with lenders
PoliticsGreek Politicsdecision” rather than technocratic talks was needed to settle the Greek issue. Tsipras has repeatedly tried to put German Chancellor Angela Merkel, French President Francois Hollande, European... for no more elevated a political discussion than Greece’s bailout program being debated
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On the Greek crisis and German imbalances
Agora. This is amplified by the understanding that German economic moralism is more akin to Kantian absolute ethics than... faster rates than was the case in a Greek economy captured by oligopolies in e.g. Food and Petrol... than was the case for Cyprus. This author had taken a strong stance against this advice for the case
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Declining flow of refugees gives struggling government some hope
PoliticsForeign Policybeen an average of 996 refugee arrivals per day. This is substantially lower than the daily average... on Monday, there are no more than 5,300 people (out of a total of just over 50,000) at the reception facility at the port. This has put a strain on limited resources and there has yet to be any definitive
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Asking Greece to stack more austerity measures ignores past failings
Agorawill need to implement 3 percent of GDP, more than 5 billion euros, in further austerity measures up... could find in the markets better rates than those charged by the IMF, justifying the government plan... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2
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