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Govt stands firm on 'no lockdown' message, pins hopes on vaccination surge
The political leadership in Greece is insisting that it will not be following the lead of other European countries by imposing further public health restrictions in the approach to the Christmas holidays, but instead is focussing all efforts on boosting vaccination uptake.
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Mitsotakis heads to Israel and Russia with broad agenda
Issues that are high on the Greek government’s diplomatic agenda, such as energy, the tension in the Eastern Mediterranean and Turkey are expected to top the talks that Prime Minister Kyriakos Mitsotakis will have on his visits to Tel Aviv and Sochi this week.
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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
Greece’s seasonally adjusted (SA) GDP increased by 2.7 pct quarter-on-quarter in the third quarter of the year (Q3), from a downwards revised 2.1 pct in the second quarter (Q2) provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
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Politics
MEP Androulakis takes first round in KINAL leadership vote after notable turnout
Social democratic MEP Nikos Androulakis and former prime minister George Papandreou will contest the leadership of KINAL in a run-off ballot next Sunday after an impressive turnout in the first round of voting to elect a new head for the centre-left party on December 5.
Papandreou boasts strong backing as KINAL gears up to elect new leader
Opposition renews attack on government over hospital capacity
Economy
BoG sees banks on right path, warns impact of pandemic not visible yet
The progress made by Greece’s banks to clean up their balance sheets was reflected in the latest financial stability report published by the Bank of Greece (BoG) on Thursday.
OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
Society
From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
A lot has happened in the two years since Kyriakos Mitsotakis, freshly elected as Greek PM, took to the stage at the UN General Assembly in 2019 to launch “a new, ambitious, national strategy on energy and climate change” for Greece, a strategy which was outlined and quantified in the National Energy and Climate Plan adopted a few months later.
Impact of pandemic, lockdowns reflected in lower household spending during 2020
Short-term fix for electricity bills leaves open questions for green transition strategy
By:
Agora
Greek fiscal deficits and debt since 2000
Our concluding monthly Blog 12 in 2021 explores whether balanced budgets also means that the debt remains constant in nominal terms? The answer to this question is important because if budget balance could mean that debt still increases, then this alone is not enough to come to terms with Greece’s debt challenge.
Podcast - So long, farewell, auf Wiedersehen Angela Merkel
The case of SYRIZA's fiscal performance