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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyexpects this year’s recession at 8.2 pct, which is way off the 4.7 pct baseline recession scenario... to the accommodative fiscal policy. Greece will experience a deflation year of 0.6 pct and employment... manifest themselves into the second quarter of 2021. In such a case, based on the experience from March
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Is the cost of Greece's public sector soaring again?
EconomyFeaturesthem an entire cohort of experienced Directors, left the service as a result. Since then, the posts... to key civil service posts to sabotage the work of the next government. We look at the evidence... that the coalition has been swelling the ranks of the civil service to win votes, the opposition has also
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Androulakis attacks PM over rule of law, but PASOK's dilemma remains
PoliticsGreek PoliticsService before he was elected PASOK’s new leader in December 2021. On Wednesday, he told MEPs... demands it) is completely off the table yet. One of the reasons that most analysts believe there is still... that they would be better off working with SYRIZA, while a third section thinks PASOK should shrug
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Budget primary surplus at 4.48 bln in September
EconomyMacroeconomyeuros, below the target by 875 million euros. Interest payments came to 4.60 billion, 306 million... to lower interest payment expenditure by 306 million euros, under-execution of PIB by 542 million euros... the one-off payments of law 4575/2018 outstanding from 2018. In September, these payments came to 326
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Latest hooliganism crackdown greeted by mixture of anger and scepticism
PoliticsGreek Politicssaid the government was attempting to shrug off its responsibilities by presenting hooliganism... media posts by several proprietors, Olympiacos FC in an official announcement accused
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U.S. and China are still in reconnaissance mode, but for how long?
Agoracannot afford to appear weak in the stand-off with Beijing. Trump’s insistence on American control over... the assumption that the president’s obsession with the “beautiful word tariffs” would be checked
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesthe experience of the Greek middle class in the course of the financial crisis. The picture... borrowers found it increasingly difficult to service their mortgages. In a recent survey, one in four... are due to be auctioned off by the banks in the coming years, in addition to the 20,000 already sold
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Labour compensation and productivity in the EU-27 and Greece
Agoraand productivity are two sides of the same coin. This brings us to comparing productivity per hour worked.... These are the crucial tasks of the current conservative government that services public employees
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Back from the brink: What next for Greece's property market?
EconomyFeaturestax continue to put off overseas investors. The one property sector that is doing well is the luxury... is not always easy to gauge accurately due to the fact that sellers often carry out their transactions
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Our tragedy: How could this happen?
Agorawas paid to investment in the service, leaving Greece with one of the most meagre railway networks... economic crisis doused any hopes of the service being upgraded. Successive Greek governments embarked... for a better, more sustainable future but by a need to tick tasks off a list to get its next loan installment
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