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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.
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Athens eyes GSI workaround to avoid dispute with Turkey
Ministers in Athens deny that they will comply with fresh Turkish demands before work recommences on the undersea electricity cable connecting Greece and Cyprus, with plans on the table for the French majority owner of the project to take the lead in resolving the diplomatic bind.
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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.
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Building activity eases in May with marginal 0.8% YoY drop
Building activity went into negative territory in May, with a marginal drop of 0.8 percent year-on-year (YoY), after a rise of 4.2 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday.
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Economic sentiment moderates further in Aug, as consumer confidence rises
Greece’s economic sentiment (ESI) moderated further in August, with the index at 106.9 points, from 107.5 in the previous month, according to European Commission figures released on Friday.
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Politics
New Democracy weathers the summer as PASOK attacks RRF delivery record
The first post-summer poll found the electoral landscape little changed since June, with New Democracy maintaining a dominant position, and the enthusiasm for newly launched parties ebbing.
Seabed surveys for GSI set to pose next test in Greek–Turkish relations
Government sets out post‑RRF priorities amid foreign policy unease
Economy
Credit expansion growth slowed to 6.8% in July due to loans to businesses
Credit expansion in the Greek private sector slowed in July, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Deposits drop by 2 bln in July, driven by corporations
Budget continues to perform strongly in July as VAT beats target by over 1 bln
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.
The World Cup, Argentina and Europe’s quest for moral clarity
Greek firms should embrace ESG and DEI despite US-led policy reversal