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Opposition accuses govt of institutional evasion and strategic missteps over wiretapping and Patriots
The government faced a twin barrage of criticism over the weekend, as opposition parties condemned both the Supreme Court prosecutor’s refusal to reopen the wiretapping case and the handling of Greece’s Patriot missile deployment in Saudi Arabia.
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Industrial Production slows to 1.1% YoY in June as only manufacturing grows
Greece’s Industrial Production Index (IPI) slowed in June with a rise of 1.1 percent year-on-year (YoY), from 3.7 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
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Trade deficit continues to drop, falling by 5% in H1
Greece’s trade deficit continued its sharp decline in June with an 18.1 percent year-on-year (YoY) drop, after a fall of 15.7 percent in May, according to data released by ELSTAT on Friday.
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CPI slows to 3.4% YoY in July as energy effects moderate
Greece’s Consumer Price Index (CPI) growth further decelerated in July with a rise of 3.4 percent year-on-year (YoY), from 4.4 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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Politics
Cyprus faces critical August test as UN pushes for diplomatic results in peace talks
August is traditionally considered a quiet month for diplomacy in Europe. In Cyprus, however, the coming weeks could determine whether the renewed international mobilisation around the island develops into the first serious attempt in years to restart negotiations — or ends as yet another diplomatic exercise without substantive results.
Government seeks fiscal leeway over energy investments, launches farming subsidy app
Athens bets on French backing to break GSI deadlock with Turkey
Economy
Manufacturing conditions continued to improve in July, despite cost pressures
Greece’s manufacturing PMI rose to 54.3 points in July, from 53.8 points in the previous month, S&P Global data showed on Wednesday.
Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
Fuels propel 10.1% rise in retail sales for May despite volume drop
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
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