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Government seeks patriotic reset after Libya memorandum as election scenarios resurface
The government is trying to regain the initiative on national issues following the ratification of the 2019 Turkey–Libya maritime memorandum by Libya’s eastern‑based parliament.
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Tax scandals and resignation of PM’s aide put government accountability under spotlight
Two major tax fraud investigations and the departure of a senior aide to Prime Minister Kyriakos Mitsotakis have opened a fresh political debate about accountability, institutional effectiveness and government oversight, with ministers and opposition parties advancing sharply different interpretations of recent events.
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Business loans and consumer credit drive 6% YoY expansion in September
Credit expansion in the Greek private sector slightly slowed in September, rising by 6 percent year-on-year (YoY), from 7.3 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed.
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Corporations raise private sector deposits to highest level since March 2010
Private sector deposits grew further in September, with a net inflow of 2.79 billion euros, after a rise of 2.83 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Tuesday.
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Building activity contracts by 8.3% YoY in July
Building activity contracted in July, with a drop of 8.3 percent year-on-year (YoY), after a jump of 21.5 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
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Politics
Government tries to fend off growing domestic objections to its foreign policy
The political fallout from eastern Libya's ratification of the Turkey-Libya maritime memorandum continues to reverberate through Greek politics, creating an increasingly difficult challenge for the Mitsotakis government on an issue that has traditionally been one of New Democracy's strongest assets.
Libya fallout tests ND's foreign policy credentials as PASOK edges forward in latest polls
Athens seeks diplomatic counterweight after Libya backs Turkey maritime pact
Economy
VAT continues to drive budget performance in Sep, at 1.4 bln euros above target
The budget primary balance was confirmed at a surplus of 7.55 billion euros for September, compared to a surplus of 9.45 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
S&P leaves rating and outlook unchanged at 'BBB' and stable
BoG sees several global challenges, expects Greek economy to hold its ground
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
Gone girl, vanishing statecraft
The direction in which Kimberley Guilfoyle’s ambassadorship to Greece would go was clear from the moment last autumn when she stepped off the private jet of a Greek‑American businessman to take up her position in Athens.