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Athens bets on French backing to break GSI deadlock with Turkey
The agreement signed on Wednesday in Athens, allowing French infrastructure investment group Meridiam to acquire a 66 pct majority stake in the Great Sea Interconnector (GSI), is far more than a corporate transaction. It represents a fundamental geopolitical recalibration of one of the European Union’s most strategically important energy projects.
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French entry into cable project reframed as geopolitical win amid recycling tenders scrutiny
PM Kyriakos Mitsotakis hopes that the inking of a deal injecting French participation into a landmark cross-border infrastructure project will issue a strong signal going into the summer recess, embodying both his government’s ability to attract large-scale inward investment and to project regional influence.
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Politics
Government moves on fire compensation as opposition sharpens its questions
The aftermath of the wildfires that swept Western Attica and Boeotia continues to dominate the political agenda, with the government moving quickly on compensation while the opposition presses a more detailed line of questioning about prevention and operational failures.
Mitsotakis intervenes in EU migration debate as PASOK challenges wildfire policy
Extensive wildfires put extra strain on PM as he looks for clear path to TIF policy speech
Economy
Manufacturing conditions continued to improve in July, despite cost pressures
Greece’s manufacturing PMI rose to 54.3 points in July, from 53.8 points in the previous month, S&P Global data showed on Wednesday.
Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
Fuels propel 10.1% rise in retail sales for May despite volume drop
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
Podcast - Has Greece fully recovered from the crisis?
Greece has come a long way since the dark days of 2015, but has it fully recovered? In this episode of The Agora, Nick Malkoutzis speaks with Peter Sanfey and Dimitris Sourvanos, authors of the new Hellenic Observatory paper Out of the Abyss, to unpack Greece’s decade‑long journey from crisis to stability.
The World Cup, Argentina and Europe’s quest for moral clarity
Greek firms should embrace ESG and DEI despite US-led policy reversal