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Govt looks to tweak relief in anticipation of record Covid infections, new inflation high
PoliticsGreek PoliticsThe twin pressures from inflation and Omicron look set to enter new levels in the coming days... are set to expire on January 16. While the government had been hoping to be able to loosen some... to reach 5 pct, increasing the pressure on the government to take further action to contain the cost
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Newsletter 336 - 06/05/2022
will be rolled out in July. The previous set-up will remain in place for May and June. Mitsotakis also...+’ with a stable outlook, just one notch from the investment grade, which the government has set... under 5 billion euros in offers. The absence of the favourable terms in the markets enjoyed recently
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Tsipras hits back with own economic pledges, choice for voters to ponder
PoliticsGreek PoliticsDemocracy leader set out 5.5 billion euros worth of immediate and longer-term interventions, mainly aimed... the retail price of electricity and the wholesale price of natural gas, while also putting a 5 pct profit... conditions – Tsipras also set out the resources on which he would draw from in order to fund his latest
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Newsletter 353 - 30/09/2022
September also gave parties an opportunity to set out their stalls on the economic front, and PM Kyriakos.... It was announced this week that Google will set up its first cloud region in Greece, providing cloud... at 8.5 pct. Health is at 8.1 pct and clothing and footwear stood at 5 pct. It is striking when
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Tsipras pitches SYRIZA election manifesto as basis for progressive coalition
PoliticsGreek Politicsset out by the main opposition party consisted of specific actions, as well as bigger legislative initiatives which Tsipras said was designed to boost the economy, strengthen social cohesion and set..., increase public spending on health to 7 percent of GDP, and education to 5 percent of GDP. The SYRIZA
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Newsletter 390 - 21/07/2023
, looks set to pass through Parliament with a super-majority (more than 200 out of 300 votes) thanks... billion euros of total declared income, 66 pct comes from wages and pensions and just 4.3 billion, or 5... and the fiscal rules in the eurozone has been set aside temporarily. The picture has changed
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Newsletter 398 - 20/10/2023
that funding is maximised. Mitsotakis also urged his ministers to focus on the task at hand and set... that this sense of malaise does not set in as it will put his government on the back foot, perhaps... regarding bond re-openings, drawing this week some 400 million euros, from the re-opening of the 5
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingThe Hellenic Financial Stability Fund (HFSF), which was set up at the start of the debt crisis... bank. The deal included the acquisition of a further 5 pct strategic stake in Alpha. UniCredit... of 293.48 million euros. The process that set the template used for Piraeus Bank was also introduced
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Management of RRF funds sparks new political tension
PoliticsGreek Politicsused. The vote in Parliament on Wednesday concerned 4.7 billion euros in grants and 5 billion euros... of friction in Greek politics since it was set up almost four years ago, this is the first time... as a media celebrity to conduct politics rather than on any set of policies. However, Kasselakis’s
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European Parliament vote delivers blow to PM as rise of far right, low turnout dominate
PoliticsGreek Politicsin the vote, well ahead of its opponents. The goal set by the PM was for his centre-right party... this number. According to official projections, New Democracy was set to gain just 28.6 pct... last June and more than 5 points on the EU vote in 2019. Far right rises However, the biggest rise
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