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New Democracy sees silver lining in polls as ELAS consolidates second place
The reverberations from the launch of ex-PM Alexis Tsipras’s new party ELAS continue to be felt across the political landscape. While New Democracy retains a strong lead, it will need to mobilise apathetic or undecided supporters to approach an absolute majority.
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Mitsotakis appeals to "silent majority" as Tsipras puts squeeze on PASOK and SYRIZA
The emergence of Alexis Tsipras’s new party, the Greek Left Alliance (ELAS), has disrupted established balances, destabilised the opposition, and forced governing New Democracy into high intensity pre‑election manoeuvring.
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Unemployment slides to 8.1% in May as male and youth rates improve
Greece’s seasonally adjusted (SA) unemployment rate edged down to 8.1 percent in May, from a downward revised 9.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Manufacturing PMI improves slightly in June, cost and export challenges persist
Greece’s manufacturing PMI rose to 53.8 points in June, from 53.3 points in the previous month, S&P Global data showed on Wednesday.
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Energy continues to drive rise in producer prices as May sees 13.5% YoY increase
Greece’s Producer Price Index (PPI) accelerated further in May to 13.5 percent year-on-year (YoY), after a rise of 12.8 percent in the previous month, ELSTAT data showed on Tuesday.
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Politics
Modest hopes for Greek–Turkish diplomacy ahead of Ankara NATO Summit
As the countdown begins for the NATO Summit in Ankara (7–8 July), Greece and Turkey are entering the meeting with modest expectations regarding bilateral relations, despite maintaining open diplomatic channels.
Mitsotakis defends seven years in power, sharpens strategy for tough election campaign
Tsipras aim to redraw political map as ND drafts plan to contain ELAS
Economy
Retail sales growth slows to 4% YoY in Apr, volumes drop as fuel consumption decreases
The growth of Greece’s retail sales moderated further with a rise of 4 percent year-on-year (YoY) in April, after an increase of 6.1 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Loans to businesses keep credit growth at 7.4% YoY in May
Corporations at forefront of 5.53 bln deposit inflow in May
Society
Multiple facets of inequality in Greece: a decade of divergence between data and daily life
Inequality in Greece between 2015 and 2025 presents a paradox that challenges conventional economic interpretation. On paper, the country appears to have made progress: the Gini index, the most widely used measure of income distribution, has gradually declined from its crisis-era highs.
Greeks on AI: Interest, anxiety and a desire to "remain human"
EBRD reports highlights demographic headwinds Greece has to navigate
Agora
Podcast - Brain Drain or Brain Regain? Understanding Greece’s Talent Flows
Greece says it is entering a new era of “brain regain”. Government programmes like Rebrain Greece are touring European capitals, employers are hiring, and the economy is finally growing again. But is the tide really turning?
The "King of the North" seeking to heal a fractured kingdom
How inflation has reshaped Greek household spending