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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsfar. The Finance Ministry announced on Friday that businesses can now apply for a refund of the tax... of fiscal interventions announced by the government so far. The policies amount to 6.8 billion euros... The drastic impact of the restriction measures on the economy is one of the reasons
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Newsletter 311 - 08/10/2021
revised to 6.1 pct, from 3.6 pct in the MTFS in June, the economy is expected to grow by 4.5 pct... that Greece had to run in 2020 and 2021 to cushion the economy from the pandemic impact reached nearly 34... euros should be anticipated next year.PoliticsMP's ousting fuels concerns about far right’s re
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Govt plays down Omicron threat despite wariness and high Covid death rate
PoliticsGreek Politicsto the emergence of the Omicron variant of Covid, although New Democracy officials have so far played down... insisted that stores would be open over the festive period and the economy would continue to operate... public health while allowing the economy to recover.” The government has taken heart from a recent
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New Democracy leadership headed for showdown with right wing over migrant labour bill
PoliticsGreek Politicsprogressive lawmakers against the far right, highlighting an internal rift within the ruling New Democracy... labour shortages in key sectors of the economy. The proposal has been condemned by the parties of the far right, but has also angered former New Democracy president Antonis Samaras who called
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Athens calibrates domestic and diplomatic response to Iran war as tension with Turkey resurfaces
PoliticsGreek Politicsis facing multi‑front challenge touching defence, diplomacy, domestic security, the economy and Greek... preparing for a conflict that senior officials now warn may last far longer than initially hoped... transmission channel for Greece will be energy prices. A prolonged conflict could push oil far above
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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropped for the fifth successive month at a marked accelerating..., whilst the current ESI reading is 22.9 points lower than the post-crisis high of 104.2 recorded a year ago. The ESI fell to a historic low of 74.8 in March 2009 and displayed high volatility until June
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Business indicators rise for second successive month in October
EconomyGreece’s economic sentiment (ESI) improved for the second straight month by 3.4 points to 86.5 in October, European Commission (EC) data displayed on Thursday. Over the past two months, ESI has risen... in the 3-year period until Jun 2012, ESI considerably increased by more than 26 points until June 2014
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Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6... May 2015. Since the beginning of the Greek crisis, ESI has fallen to a historic low of 75.2... 2014. In the following months ESI deteriorated, hitting a low of 76.1 in August 2015. There has been
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Economic sentiment and consumer confidence climb in July after review conclusion
EconomyMacroeconomyGreece’s economic sentiment (ESI) climbed by 4.2 points in July, after edging up by 0.8 points... in ESI and all other business indicators is attributed to the positive sentiment generated by the conclusion of the second programme review. Specifically, ESI surged to 98.2 in July, which is the highest
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Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued in August its steady rise over the last three months... month, European Commission (EC) figures revealed on Wednesday. The notable improvement in ESI since May... lifted months of uncertainty and improved the general sentiment. Specifically, ESI came closer
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