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PM offers more fuel relief as path to TIF pledges becomes more treacherous
As Greece moves towards the Thessaloniki International Fair (TIF) in early September, the government is being forced to deal with a cost‑of‑living crisis intensified by geopolitical instability, a shifting electoral landscape marked by new party dynamics and voter volatility, and the start of a major constitutional revision process that requires broad parliamentary support.
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Business loans drive 7.7% YoY credit growth in June
Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year-on-year (YoY), from 7.4 percent the previous month, Bank of Greece (BoG) figures released on Monday showed.
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Corporate inflows in June push deposits to highest point since April 2010
Private sector deposits rose strongly in June, with a net inflow of 8.76 billion euros, after a solid rise of 5.31 billion euros in May, according to the latest Bank of Greece (BoG) figures released on Monday.
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VAT and underspend drive budget outperformance in first six months
The budget primary balance was confirmed at a surplus of 4.49 billion euros for June, compared to a surplus of 4.52 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Politics
ND faces deadlock over constitutional revision as SYRIZA continues to unravel
Party leaders are due to debate this Friday the government’s proposals for the revision of the Greek constitution. But it was already clear from the opening session of the parliamentary discussion that New Democracy enters this process politically isolated, unable to secure the 180‑vote supermajority required for any meaningful change, and locked in a confrontational dynamic with an opposition that refuses to grant it even the minimum level of trust.
Tanker diplomacy gets Athens into hot waters over Russia sanctions
PM paves way to elections with three-year growth plan as ballot speculation simmers
Economy
Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
Household disposable income increased by 3.2 percent year-on-year (YoY) in Q1 2026, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
Record travel receipts and narrower trade deficit reflected in current account up to May
Society
EU report shows Greece entering new era of extreme ageing and population decline
The data in the latest EU Demographic Transformation report – drawn up by the European Commission’s Joint Research Centre - reveals that Greece is at the forefront of a demographic shift that is reshaping the nation’s social fabric, economy and territorial cohesion.
Trust levels fall again as public perceptions trail economic progress
Multiple facets of inequality in Greece: a decade of divergence between data and daily life
Agora
The World Cup, Argentina and Europe’s quest for moral clarity
The fury directed at Argentina does not really seem to be about football. It exposes Europe’s need to assert moral certainty - a habit seen before in its treatment of Greece during the country’s debt crisis. And it reveals a major blind spot.