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Cost of living
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
EconomyThe struggles of Greek households, particularly those considered vulnerable, in coping with the cost-of-living crisis were captured in the latest housing overburden data published by Eurostat. It shows that even before the inflation wave intensified (the latest data is for 2021) Greek households had little leeway to cope with rising prices.
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Opposition dismisses PM's economic pledges as electioneering, keeps focus on surveillance
PoliticsGreek PoliticsOpposition parties have dismissed Prime Minister Kyriakos Mitsotakis’s latest economic measures as a pre-election stunt, while signalling their intention to keep up the pressure to bring the government to account over the surveillance affair.
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PM puts cost-of-living crisis front and centre in dry run for election campaign
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis held on Monday the first of what are expected to be a series of press conferences before the next elections, addressing the economy and cost-of-living crisis before moving on to other subjects.
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OECD sees recovery slowing, urges fiscal discipline
EconomyMacroeconomyOECD secretary-general Mathias Cormann visited Greece on Tuesday for a meeting with Prime Minister Kyriakos Mitsotakis as the think-tank published its latest economic report about the Greek economy.
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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek PoliticsThe turn of the year gave Prime Minister Kyriakos Mitsotakis an opportunity to reinforce the message that the government will continue to provide relief for hard-pressed households, as elections loom ever closer on the horizon.
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Opposition clashes with govt over high energy prices, cost-of-living measures
PoliticsGreek PoliticsGreece recorded the highest wholesale electricity prices in Europe in the past week, prompting opposition parties to attack the government, calling for a rethink of its support package.
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ND paves way to spring elections with relief measures amid SYRIZA objections
PoliticsGreek PoliticsNew Democracy’s approach to dealing with the cost-of-living crisis continues to be questioned by the opposition. Wednesday’s vote over the latest measure, the so-called “Market Pass”, saw SYRIZA accusing the conservatives of duping the public and favouring powerful business interests.
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PM defends grocery stipend, hopes to draw support from PASOK
PoliticsGreek PoliticsPerhaps buoyed by a new opinion poll showing a slight bounce in his party’s ratings, Prime Minister Kyriakos Mitsotakis mounted a stout defence on Wednesday of his government’s latest handout, which was dismissed as a pre-election gift by the opposition.
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek PoliticsThe surprise announcement of a “Market Pass” for hard-pressed shoppers in the prime minister’s budget statement has attracted strong criticism from the opposition.
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Opposition parties vow to reverse public healthcare reforms
PoliticsGreek PoliticsSYRIZA and PASOK have vowed to repeal the healthcare bill that New Democracy was expected to vote through Parliament on Friday.