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PM steps up poll preparations, ELAS continues mobilisation and SYRIZA fights to survive
As Greece moves deeper into the summer, there are significant political developments on at least three fronts: the government’s quiet preparations for a potential autumn election, Alexis Tsipras’s ELAS completing its organisational architecture ahead of its first national campaign, and SYRIZA fighting what increasingly looks like its final battle for survival under its newly elected parliamentary leader, Rena Dourou.
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
Greece’s industrial turnover recorded another sizable rise of 14.1 percent year-on-year (YoY) in May, from a jump of 23 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
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Politics
Government counter‑offensive on OPEKEPE as Tsipras–SYRIZA schism deepens
The government has launched a forceful counter‑offensive following the European Public Prosecutor’s Office’s (EPPO) decision to prosecute four New Democracy MPs for misdemeanour‑level offences linked to agricultural subsidies.
New EPPO indictments threaten further disruption to ND as SYRIZA continues to shrink
SYRIZA fractures further after direction shift as ND grapples with post-election scenarios
Economy
Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
The budget primary balance landed at a surplus of 4.48 billion euros up to June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
Greece relies on labour, VAT and green taxes more than any EU member
Energy continues to drive import prices as May sees 13.3% YoY rise
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
Greek firms should embrace ESG and DEI despite US-led policy reversal
Over the past decade, corporations globally have increasingly channelled their activities towards responsible and sustainable business conduct.