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Mitsotakis banks on TIF marathon as debt claims draw opposition fire
The PM’s office is gearing up to fight a long election campaign based on economic policy, with reports increasingly dismissing an early polls scenario.
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Turkey’s Mecca pact adds complexity for Athens as marine parks stir familiar concerns
For Athens, two recent developments - Turkey’s formal establishment of two marine parks and its participation in the new Mecca Joint Defence Agreement with Saudi Arabia and Pakistan - belong to different diplomatic theatres but appear to form part of the same strategic picture.
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Greece extends debt prepayment strategy with first repayment of EFSF loans
Greece announced this week that it intends to continue the debt prepayment strategy that the Public Debt Management Agency (PDMA) has employed since 2019, with another prepayment of 4.7 billion euros to take place before the end of the year.
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
The budget primary balance landed at a surplus of 5.73 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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Politics
PM shapes high stakes autumn agenda as Turkey’s marine parks move prompts backlash
With less than three weeks until the Thessaloniki International Fair (TIF), the government is finalising a package of measures that Kyriakos Mitsotakis hopes will reset the political landscape ahead of the general election.
Athens condemns Turkey’s marine parks as illegal; tensions rise at awkward moment for PM
Court ruling disrupts private university licensing, prompts opposition attacks on govt
Economy
Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
Greece’s import price index recorded another sharp rise of 6.9 percent year-on-year (YoY) in June, after a jump of 13.3 percent in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
Car sales slowed in July as drop in new vehicle sales prompts 3.9% YoY fall
Industrial Production slows to 1.1% YoY in June as only manufacturing grows
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