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On monetary policy and inflation targeting
Agorainflation period). All countries live in only one global economy, after all. Country A was slightly... rate targeting is the preferred policy in practice. Risks. One reason why price level targeting may not have been popular is the perennial question about what to do with adverse supply shocks? One
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Mitsotakis sticks with stability mantra as SYRIZA looks for new approach
PoliticsGreek Politicsmight generate some complacency among party supporters. One of the reasons that ND was not only able... 61 pct earlier this month. Should there be a lower turnout on June 25, ND could be one... at least one of these parties to make it into the next Parliament. Mitsotakis may also face voters
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Mitsotakis enters last week of campaign with confidence, high ratings
PoliticsGreek Politicsby one opinion poll after the other. Speaking during a televised news conference on Sunday, Mitsotakis... be moved around. He again identified the overhaul of the national health system as one of his main... to change the constitution on its own, insisting that the support of at least one more party would
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Wildfire threat to air base puts government in embarrassing position
PoliticsGreek Politicsof Greece’s defence capabilities, including the purchase of new jets from the US, one of its most emblematic policies and one which has received strong public support. Against this backdrop, the sight of one of the country’s main air force bases being threatened by fire, forcing aircraft to scramble
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Labour bill controversy dents plans for announcements of new measures in Sep
PoliticsGreek Politicssaid that one of the changes would see businesses able to hire employees on a 6-month trial, allowing... will also unveil an electricity bill stipend that will be much more targeted than the one in place.... Also, pensioners who will not be eligible for rises have been promised some kind of one-off
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Newsletter 391 - 01/09/2023
attempted to dismiss the growing criticism that his government is facing in the wake of one... of the wildfires is just one of the black marks against New Democracy’s record since it was comfortably re... in the coming years. This represents a more challenging task for Mitsotakis than the one he expected a few
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Tension builds in SYRIZA leadership race as govt moves ahead with wage maturities
PoliticsGreek Politicsis in the driving seat ahead of Sunday’s ballot after former state minister Nikos Pappas – one... accused Kasselakis of lacking a plan, arguing that Achstioglou has one that has “a beginning... to be able to influence the outcome of Sunday’s ballot one way or another. However, one factor
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Athens defends Gaza stance as balanced, offers role in humanitarian corridor
PoliticsForeign Policywith its position, “we decided to abstain,” he added. He also emphasised the fact that Greece was one... once again that one solution is possible: that of the two states. Earlier on Monday, his foreign minister also defended the Greek government’s stance on the Middle East issue as one of “principle
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Greece - Some structural macroeconomic arithmetic
Agora. Allow me to illustrate this notion in a counter example, and a counter impression. One could make... suggest. Instead, it is constantly subject to the risk and reality of shocks. Thus, one needs margins to protect Greece from adverse dynamics and spikes in risk premia. Margins depend on one’s risk
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Newsletter 411 - 09/02/2024
, leaving Moody’s as the only leading agency that has Greece one notch below, although it did up Greece... Agency (PDMA) for 2024, one re-opening and a new 10-year benchmark, reaped the rewards of Greece... it as one of the biggest Greek success stories for years and a vote of confidence for the country
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