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Libyan ratification of Turkey pact intensifies foreign policy debate
The government has moved to contain the political fallout from the decision of Libya’s eastern‑based House of Representatives to approve the 2019 Turkey–Libya maritime memorandum. Opposition parties across the spectrum, and former PM Antonis Samaras, have seized on it as evidence that Greece’s Libya strategy has failed.
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French protests prompt PM to sharpen stability message as opposition repositions
The violent scenes in France have reverberated across Europe, and in Athens they have become a central reference point for the government as it seeks to frame the political debate ahead of the next general election.
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Current account balance at 1.74 bln surplus in Aug thanks to services
Greece’s current account stayed at a surplus of 1.74 billion euros in August, from a deficit of 218.5 million euros in the previous month, Bank of Greece (BoG) data released on Monday showed.
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
Greece’s industrial turnover recorded another strong rise of 17.8 percent year-on-year (YoY) in August, from 16.4 percent in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
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Strong fiscal performance meets hard spending limits
Developments last week reaffirmed how hard it will be for the Greek government to escape the grind of dealing with cost‑of‑living issues. There is a realistic prospect that affordability will dominate the months running up to the next national elections, due by mid‑2027.
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Gone girl, vanishing statecraft
The direction in which Kimberley Guilfoyle’s ambassadorship to Greece would go was clear from the moment last autumn when she stepped off the private jet of a Greek‑American businessman to take up her position in Athens.
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Politics
Turkey escalates submarine cable disputes as spotlight returns to energy diplomacy
Turkey has stepped up its challenges to submarine cable projects in the Eastern Mediterranean, raising fresh concerns about the future of regional connectivity initiatives and the potential for renewed tensions with Greece, Cyprus and France.
ND turns French unrest into warning for Greek voters as Rubio seeks to steady ties
EU resists PM’s call for fiscal flexibility, leaving ND exposed to domestic pressures
Economy
Taxes continues to drive budget outperformance in September
The budget primary balance landed at a surplus of 7.59 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Thursday.
Energy drives 13.8% YoY jump in August import prices
Car sales bounce back with 1.2% YoY rise in September
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
Podccast - The Great Sea Interconnector and its high-voltage politics
In this episode of The Agora, we unpack one of a sensitive and consequential energy project in the Eastern Mediterranean, the Great Sea Interconnector (GSI).
Podcast - Economic gain, social strain and political pain: Greece’s road to elections
The making and unmaking of "Greek statistics"