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Population projections show demographic problem set to worsen in coming decades
Societyreluctant to have children. During the eight years of crisis, the country’s population declined... falling by 600,000 during the same time period. According to data from the Hellenic Statistical... it was in 2018, and will fall below 10 million. If net migration is negative, as has been the pattern during
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesby the “middle income” group made up 12-14 percent of the tax payable during the same period. In both cases... a higher risk (4 percent) of falling into poverty from one year to the next during the crisis than... to define the “disappointed” middle classes during a TV interview following the party’s recent EU
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Mitsotakis pledges more benefits in bid to tap SYRIZA strongholds
PoliticsGreek Politicsin the summer. During a speech focussed on the economy, the PM announced that any homeowners who.... The issue of low salaries has become a hot topic during this election campaign, with the government... wages have fallen during the cost-of-living crisis. The opposition parties have highlighted low wages
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Greek debt: A case of learned helplessness?
Agora- although only 1.5 billion was drawn during the first program - and 21 billion euros to cover the public... maturities and lowering of interest payments of the same volume during the programme’s life, Greece would now... debt than when this miserable experience started. The Bank of Greece estimates that the true reduction
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How Greek banks were left on the brink
Agoraused the EFSF bonds they received during their first recapitalisation process, which were mainly... billion euros, closely matching deposit outflows during this period. Only last week, Greek banks... each, Eurobank at 8 billion and Alpha at 6.2 billion. Those estimates were based on current collateral
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More than a quarter of a million firms affected by enforced closures due to Covid-19
Economyintroduced by the government to support businesses during closure, it is estimated that only around... guidelines, a very limited number of enterprises are allowed to remain operating during... to the latest estimates. In the next phase of its response, the government ordered the closure of all
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyuneconomical in conditions of low or medium demand. During the first lockdown in spring 2020, when... during the transition to renewables. More broadly, it has highlighted weaknesses in the delivery... permits will have to be met at a significantly higher price. PPC’s own estimates put the emissions from
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Budget marks return of trust, argues Mitsotakis
PoliticsGreek Politicsthrough during the economic crisis. It is now quite common to see the leaders of the main parties.... Additions These stipends were already known, but Mitsotakis added another pledge during his speech... Androulakis to explain where he would find the 600 million euros the government estimates would be needed
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Newsletter 433 - 13/09/2024
grew into a force during the Greek debt crisis. This presents PASOK with an opportunity... presented a total of 45 measures of varying significance during Saturday’s speech, none of which caused... pct in 2024, again below the recent government estimates, to 2.3 pct next year, 2 pct in 2026
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Newsletter 491 - 23/01/2026
a bruising month during which his hesitant response to Nicolás Maduro’s capture exposed deep fissures... billion euros last year. During the eleven months, the current account deficit has dropped... boost for the EU is relatively modest. Estimates suggest a GDP increase of between 0.1% and 0.7% over
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