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Speculation about snap polls after summer revived by PM's US trip
PoliticsGreek Politicswill opt to call elections after the summer rather than wait until the end of his government’s four... to call snap polls lie mainly in protecting New Democracy from extended wear-and-tear from the cost... recently saw strong turnouts for internal voting procedures and Mitsotakis may have seen this as a warning
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Explanations sought as PM backs away from prospect of early elections
PoliticsGreek PoliticsThe fallout from Kyriakos Mitsotakis’s insistence this week that he does not have plans to call... on Wednesday and in a radio interview on Thursday, it was thought that he was minded to call elections... was made up not to pull the trigger because he saw that New Democracy is maintaining as steady lead over
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Greece seeks EU help on refugees after Schengen threat but big challenges remain
PoliticsForeign Policywith the refugee and migrant crisis. The call for help from Athens appears to have been prompted by multiple... as it gave fodder to the opposition parties in Greece. Also, Greece's call for help came a few hours... but this operation will be a real test for the government, which has so far tried to avoid detaining arrivals
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyand 2016, university graduates saw a significant drop in employment in the public sector, while... on a regional and local level. The retraining of unemployed graduates for their re-entry
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomyΤhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...
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