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Former minister’s trial set to revive Tempe in time for elections
A former deputy minister will stand trial before the Special Court over the clearance of the Tempe rail crash site. The ruling puts the government back on the defensive over the country's most emotive scandal just as the pre-election season gathers pace.
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Athens prepares for resumption of GSI activity and potential Turkish reaction
The Great Sea Interconnector (GSI) is entering what may prove to be its most consequential phase so far.
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Rises in refined oil products push producer prices up by 14.9% YoY in August
Greece’s Producer Price Index (PPI) accelerated further in August to 14.9 percent year-on-year (YoY), after a rise of 11.8 percent in the previous month, ELSTAT data showed on Wednesday.
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Retail sales on the up with 6.6% YoY growth in July
The growth of Greece’s retail sales accelerated to 6.6 percent year-on-year (YoY) in July, after an increase of 4.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed.
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Unemployment rate drops further to 7.4% in August
Greece’s seasonally adjusted (SA) unemployment rate moderately improved in August at 7.4 percent, from a 7.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Politics
Government scrapes together more fuel price measures as ELAS intensifies pressure
The government is facing a dual challenge as it attempts to contain rising fuel prices while confronting a stubborn lack of movement in the opinion polls.
Government scrambles for more cost‑of‑living relief as WSJ revelations open new front
Mitsotakis uses UN stage to project leadership as poll shows dip for ELAS
Economy
Economic sentiment slightly improves in Sep, as recovery in consumer confidence continues
Greece’s economic sentiment (ESI) improved slightly in September, with the index at 107.6 points, from 106.9 in the previous month, according to European Commission figures released on Tuesday.
Building activity rebounds strongly with 21.5% YoY rise in June
Government struggles to shape narrative as rising costs compete with positive outlooks
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