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PM uses island visit to highlight border control as Tsipras makes decentralisation play
Prime Minister Kyriakos Mitsotakis used a visit to the Aegean island of Leros on Monday to sharpen the binary choice he wants voters to confront at the next election, contrasting the current state of border security and migration management with the record of SYRIZA-ANEL government he replaced in 2019.
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PM and ministers go on the road as constitutional revision vote fails to yield consensus
The government is mounting an effort to reconnect with regional Greece ahead of the Thessaloniki International Fair (TIF), as Alexis Tsipras attempts to redefine the progressive space through an ambitious overhaul of local government.
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Unemployment rate stable at 8% in June
Greece’s seasonally adjusted (SA) unemployment rate was broadly stable in June at 8 percent, from a downward revised 7.8 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Building activity slows in April with 4.2% YoY rise
Building activity growth slowed significantly in April, with a rise of 4.2 percent year-on-year (YoY), after a jump of 22.3 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.
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Business loans drive 7.7% YoY credit growth in June
Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year-on-year (YoY), from 7.4 percent the previous month, Bank of Greece (BoG) figures released on Monday showed.
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Politics
PM offers more fuel relief as path to TIF pledges becomes more treacherous
As Greece moves towards the Thessaloniki International Fair (TIF) in early September, the government is being forced to deal with a cost‑of‑living crisis intensified by geopolitical instability, a shifting electoral landscape marked by new party dynamics and voter volatility, and the start of a major constitutional revision process that requires broad parliamentary support.
ND faces deadlock over constitutional revision as SYRIZA continues to unravel
Tanker diplomacy gets Athens into hot waters over Russia sanctions
Economy
Corporate inflows in June push deposits to highest point since April 2010
Private sector deposits rose strongly in June, with a net inflow of 8.76 billion euros, after a solid rise of 5.31 billion euros in May, according to the latest Bank of Greece (BoG) figures released on Monday.
VAT and underspend drive budget outperformance in first six months
Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
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
The World Cup, Argentina and Europe’s quest for moral clarity
The fury directed at Argentina does not really seem to be about football. It exposes Europe’s need to assert moral certainty - a habit seen before in its treatment of Greece during the country’s debt crisis. And it reveals a major blind spot.