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Tsipras sets electoral battle lines as first autumn poll shows ND's advantage holding
Alexis Tsipras has responded to PM Kyriakos Mitsotakis’s TIF programme in combative style, describing his central aim as inflicting a “strategic and electoral” defeat on the Mitsotakis government, accusing New Democracy of implementing an “invisible MoU” with corporate cartels.
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Mitsotakis deepens Cairo ties as Ankara tensions simmer
Following the unveiling of his economic platform at TIF, Prime Minister Kyriakos Mitsotakis has put foreign policy at the forefront of his engagement, with a string of visits to key allies in the region. The move is intended to signal solidarity in the face of escalating rhetoric and intensive diplomatic manoeuvring from Turkey.
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Despite manufacturing gains, industrial production drops by 1.2% YoY in July
Greece’s Industrial Production Index (IPI) contracted in July with a drop of 1.2 percent year-on-year (YoY), after a rise of 1.1 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
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Inflation picks up pace in August, rising to 3.8% YoY
Greece’s Consumer Price Index (CPI) slightly accelerated in August with a rise of 3.8 percent year-on-year (YoY), from 3.4 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
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Seasonal factors shape employment balance in July as job departures dominate
Greece’s employment balance in July had 13,795 more departures than hires, according to data from the Labour Ministry’s ERGANI information system.
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Politics
Ministers defend fiscal package as opposition, professional and social groups push back
The government returned from the Thessaloniki International Fair determined to turn Kyriakos Mitsotakis’s 2.2-billion-euro package into a coherent political narrative.
PM seeks balance between dialogue and deterrence as ties with Turkey falter
Mitsotakis sets out his 2027 offer in Thessaloniki, raising election stakes
Economy
Energy impacts trade deficit as July sees growth of 3.2% YoY
There was a reversal in the recent trend for Greece’s trade deficit in July thanks to a 3.2 percent year-on-year (YoY) rise, after a fall of 18.1 percent in June, according to data released by ELSTAT on Monday.
GDP grows by just 0.3% QoQ in Q2, eases to 1.9% YoY
DBRS leaves rating unchanged at 'BBB', ups outlook to positive
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
Magdeburg shocks Berlin
The results of Sunday’s regional elections in the German state of Saxony‑Anhalt should not be seen as a surprise. The victory of the hard‑right Alternative für Deutschland (AfD) and the defeat of the governing Christian Democrats (CDU) had been signalled for weeks.
A summer tan can’t obscure Greek economic reality
Podcast - Has Greece fully recovered from the crisis?