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Where is Odysseus? Part 4 - Unemployment and Employment
Agorathat the natural UR could settle around 7½ percent of the labor force. Employment growth has since been robust, even during the Covid episode, so we now take this down, as a baseline hypothesis to 7 percent... the economic crisis of the 2010s. Still, for now, we assume that the natural UR may settle at 7 percent
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Greece poised to build on investor sentiment with return to bond markets
Economyissue for an amount up to 5 billion euros. The transaction follows Ireland’s 10-year syndicated bond... of 5 billion euros at a yield of 5.90 percent. The Greek 10-year yield landed marginally north of 6... at 5 percent. It was the first time in the last five years a Greek bank tapped debt investors
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Leaders present voters with stark choices as campaign reaches climax
PoliticsGreek Politicsto win by a difference well in excess of 5 points in the European Parliament elections and secure well... officials hinting that the winning margin might be below 5 points. Nevertheless, the opposition party’s aim is for it to be above 5 points and there is a hope that undecided voters will swing towards ND
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomywas largely driven by gross capital formation increasing by 5.7 percent QoQ, reversing a decline of 5 percent seen in Q2. Gross fixed capital formation declined by 5 percent after having grown by 1.9 percent... capital formation fell by 5 percent YoY, while gross fixed capital formation showed an increase of 2
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Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek Politics28.5, GD 8.5, KKE 7.5, PASOK 7, Ind Greeks 6, DIMAR 3.5 & Others 9 #Greece — MacroPolis (@MacroPolis_gr) February 12, 2014 GPO poll for Mega TV (EP elections): SYRIZA 20.8%, ND 19, GD 7, KKE 7, PASOK 5.3
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UN steers clear of Cyprus blame game as focus moves to hydrocarbons
PoliticsForeign Policyhighlighted that the United Nations intends to stay out of the blame game that began on July 7 after... of blocks 1, 6 and 7 of Cyprus’ EEZ, to the west and southwest of the island. The effective dates... in blocks 1, 6 and 7, while the Cyprus Republic's right to conduct hydrocarbon research has been
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingof the law 3869/2010 backlog in 2019. Sales from Pillar and Cairo portfolios, worth 2 billion and 7 billion... deconsolidation of approximately 7 billion in a single transaction to the SPV, which the bank will securitise... of this year the bank intends to reduce NPEs through a combination of the 7 billion euros transferred
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomyto 147,500, while non-European visitors rose by 7 percent to 223,600. During the first two months... an increase of 13.2 percent to 499,900. In total, arrivals rose by 7 percent in the first two months... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected
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Mitsotakis focuses on investment and taxes as ND launches election campaign
PoliticsGreek PoliticsIn his first speech of the July 7 election campaign, New Democracy leader Kyriakos Mitsotakis... of the July 7 vote significantly. Turnout One of the potential dangers for New Democracy following its... that he needs ND supporters to turn out in numbers on July 7 and give the next government
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Mitsotakis aims to pass key legislation in Sept if ND wins elections
PoliticsGreek PoliticsIf New Democracy wins the July 7 elections, Kyriakos Mitsotakis plans to table his first key bills... representation system adopted by SYRIZA being implemented at the next election (after July 7). ND also wants... accepted defeat on July 7 and is focussed only on containing the damage. The prime minister did visit
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