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PM focuses on high prices, food supplies as snap election option fades away
PoliticsGreek PoliticsThe cost-of-living crisis remains the government’s number one priority after little progress was made on containing energy prices at last week’s European Union leaders’ summit.
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PM yields on energy windfall tax as govt feels strain
PoliticsGreek PoliticsAs his government continues to slide in the opinion polls, Prime Minister Kyriakos Mitsotakis has pledged to impose a windfall tax on energy companies if they make excess profits from rising bills. He also ruled out snap elections or a change to the electoral law.
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek PoliticsThe support package unveiled by the government last week already appears inadequate to contain the continuing surge in energy prices, leading industry and other pressure groups to join the opposition’s demand for stronger measures.
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PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek PoliticsThe government is pinning its hopes on a new support package to blunt the effects of galloping inflation on households and businesses, but the opposition is accusing Prime Minister Kyriakos Mitsotakis of being too timid and missing the mark.
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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek PoliticsDetails are emerging of the government’s plans for further economic support measures to cushion the effects of the war in Ukraine on inflation. With the cost set to balloon over the coming weeks, the stance adopted by the EU will be crucial in determining how far the Finance Ministry can go to counterbalance cost-of-living rises.
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Parties pick from energy policy menu as EU response opens up more options
PoliticsGreek PoliticsThe past week has seen the range of potential policies for tackling high energy prices expand with further proposals at both the EU and the domestic level.
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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has pledged that his government will announce in the coming days an additional support package to counter the cost-of-living crisis, which remains a key threat to New Democracy’s political fortunes.
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Mitsotakis prepares to meet Erdogan as Greek ties with Russia collapse
PoliticsForeign PolicyAgainst the backdrop of the war in Ukraine, Prime Minister Kyriakos Mitsotakis is set to meet Turkey’s President, Recep Tayyip Erdogan on Sunday, in what will be their first talks on Turkish soil rather than neutral territory.
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek PoliticsThe government is racing to keep up with estimates of the impact of war in Ukraine on the budget, as another week of hostilities has sent the prices of energy and basic goods soaring and businesses warn of more price hikes on the way.
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Govt mulls more tools against inflation as cost of living set to soar
PoliticsGreek PoliticsThe markets’ reaction to conflict in Ukraine has sent the government in search of additional policy tools to shield consumers from galloping inflation.