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PM tries to rally party as draft budget lands, while Tsipras and Androulakis renew attacks
Kyriakos Mitsotakis sought to rally New Democracy on Monday evening as his government tabled the draft 2027 budget in Parliament, using the party’s 52nd anniversary celebration to try to project unity, stability and resolve at a moment when political pressures are intensifying.
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Greece looks for leverage as Rubio visit coincides with GSI standoff, other pressing issues
Marco Rubio arrives in Athens on Tuesday at a moment when the US–Greece relationship is arguably stronger than at any point in recent years, but also when Athens is looking for evidence that this strategic proximity can deliver political weight beyond defence contracts and energy deals.
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Volatile energy and bond markets tighten pressure on government
The economic landscape is becoming increasingly challenging for the Greek authorities, as all the pressure points remain in place and global sources of uncertainty continue to intensify.
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
The Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2027, with geopolitical uncertainties and the energy crisis casting a shadow over the growth outlook and the key assumptions.
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Politics
Pressure on Mitsotakis grows as Samaras escalates attacks and ND wrestles with identity
Kyriakos Mitsotakis is attempting to frame the national debate around stability, competence and Greece’s strategic direction, but his message is increasingly challenged by a difficult socio‑economic environment, internal unease within New Democracy, and the renewed, forceful interventions of Antonis Samaras.
Mitsotakis intensifies northern Greece outreach as Athens prepares for Rubio visit
Mitsotakis pairs fuel aid and private debt relief with warning to ministers
Economy
Manufacturing stays in expansion in Sep despite slight PMI moderation
Greece’s manufacturing PMI slightly moderated in September at 54 points, from 54.4 points in the previous month, S&P Global data showed on Thursday.
Rises in refined oil products push producer prices up by 14.9% YoY in August
Retail sales on the up with 6.6% YoY growth in July
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
The making and unmaking of "Greek statistics"
Back in 2010, the term “Greek statistics” became synonymous worldwide with creative fiscal accounting and institutional failure. When Greece faced bankruptcy in late 2009, the international community discovered that the New Democracy government had understated the country’s fiscal deficit.
Magdeburg shocks Berlin
A summer tan can’t obscure Greek economic reality