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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomy. On the economic front, the report stresses that a new export-oriented economic model is emerging... that this forecast is more of a message of optimism rather than a reliable estimate. The PBO notes..., if the optimistic estimates by the government and the European Commission for growth of 2.7 percent
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Why is it taking so long for the pandemic to end in North Macedonia?
Agoraof 2020 to the end of June 2021. In the given period, according to the model of expected mortality, I estimate that 32,769 people would have died if there was no pandemic. Which means that about 9,300 more...At the beginning of the pandemic, we estimated that it would probably last for two years. Today
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Newsletter 506 - 29/05/2026
and a reoriented production model. The symbolism was unmistakable: the name ELAS echoes both the Greek... and a post-crisis normalization. However, this growth has come at a cost as IMF staff estimate... in the property market. An estimated 35% of Greece’s housing stock is currently not used as a primary
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Newsletter 517 - 11/09/2026
approach and Tsipras’s more expansive, redistributive model. But it has not yet persuaded a sceptical...%, exports by 0.5% and imports by 0.6%. To reach the Finance Ministry’s latest estimate of 1.9% annual.... Beyond the intended suppression of demand, it is estimated that a further two rate hikes by the end
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyestimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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The conundrum of Greek olive oil exports
EconomyFeaturesin Spain. But Greece’s olive oil export model is stuck in a rut. That’s because the vast majority... the mould of the current export model. The figures tell the story of how beneficial a change in strategy... model would increase efficiency, strengthen marketing and in turn help the branding of Greek olive oil
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agoraan environmentally resilient economic model; while creating green jobs across the EU by directing fiscal... model has been the design of financial tools to drive this transition, namely the EU Green Deal... model. Olivier Vardakoulias
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The "King of the North" seeking to heal a fractured kingdom
Agoraof governing principles he calls “Manchesterism”. It is his attempt to articulate an alternative model - one... buses are not nationalised; they are operated by private companies under public control. The model..., and defended Greater Manchester’s “very interventionist” model as proof that growth requires strong public
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policyas Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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