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Government sets stage for TIF as PASOK and ELAS prepare own challenges
After being the subject of much speculation over the summer, the Thessaloniki International Fair (TIF) is now just days away and its imminent arrival signals the start of a new phase of intense political mobilisation from all of Greece’s main parties.
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Growth of retail sales slows to 4.2% YoY in July as volumes data reveals price pressure
The growth of Greece’s retail sales decelerated to 4.2 percent year-on-year (YoY) in June, after an increase of 10.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
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Unemployment rate stable at 7.9% in July
Greece’s seasonally adjusted (SA) unemployment rate was broadly stable in July at 7.9 percent, from an upwards revised 8.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
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Politics
Mitsotakis sets stage for TIF with barrage of good news, PASOK offers relief for debtors
With the Thessaloniki International Fair (TIF) now days away, Prime Minister Kyriakos Mitsotakis and New Democracy have entered a period of intense political choreography with the aim of tempting voters as the general elections approach.
Athens eyes GSI workaround to avoid dispute with Turkey
New Democracy weathers the summer as PASOK attacks RRF delivery record
Economy
Energy propels 11.8% YoY increase in producer prices, as all categories rise
Greece’s Producer Price Index (PPI) accelerated in July to 11.8 percent year-on-year (YoY), after a rise of 8.8 percent in the previous month, ELSTAT data showed on Thursday.
Building activity eases in May with marginal 0.8% YoY drop
Economic sentiment moderates further in Aug, as consumer confidence rises
Society
OECD warns young Greeks face deep structural barriers to work, family and housing
The latest OECD report on the challenges faced by young people in Greece captures the complex landscape they must navigate and the hurdles they encounter in their efforts to achieve financial independence, find stable employment, start a family and secure housing.
EU report shows Greece entering new era of extreme ageing and population decline
Trust levels fall again as public perceptions trail economic progress
Agora
Podcast - Has Greece fully recovered from the crisis?
Greece has come a long way since the dark days of 2015, but has it fully recovered? In this episode of The Agora, Nick Malkoutzis speaks with Peter Sanfey and Dimitris Sourvanos, authors of the new Hellenic Observatory paper Out of the Abyss, to unpack Greece’s decade‑long journey from crisis to stability.