-
PM prepares response as pressure over spying scandal mounts
Kyriakos Mitsotakis is due to make a statement on Monday in response to the gathering spying revelations that have sent his government reeling and left the Prime Minister facing the toughest political challenge of his tenure.
-
Spying scandal triggers high-level resignations, serious questions for government and PM
After evading and playing down for weeks claims it was spying on journalists and political rivals, the government was rocked on Friday by the resignation of the Prime Minister’s general secretary, Grigoris Dimitriadis, and the head of the National Intelligence Service (EYP), Panagiotis Kontoleon, in what is shaping up as the biggest scandal yet during Kyriakos Mitsotakis’s tenure.
-
Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
Greece’s Consumer Price Index (CPI) remained at record high levels in July, rising by 11.6 percent year-on-year, though it did slow down from the 12.1 percent seen in June, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT).
Home
Politics
Numbers stacking up for PM to announce winter relief package

Prime Minister Kyriakos Mitsotakis heads for his summer holidays on Friday knowing that upon his return he will have to decide with his ministers what relief measures the government will set out at the Thessaloniki International Fair (TIF) next month.
Summer Covid wave sparks fresh warnings, as opposition unites on gender-based violence

Government claims tourism season a major success, opposition begs to differ

Economy
Trade deficit soars by 71.6 pct in H1, reaching 17.59 bln

The rise in Greece’s trade deficit slowed down in June, but still increased by a sizable 42.7 percent year-on-year, according to data released by ELSTAT on Friday. This came after an 84.7 percent jump in May.
Balance of payments shows shipping on course for bumper year, but economic benefits unclear

By:
Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021

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
Where is Odysseus? Part 5 - Productivity

As in our previous four monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous economy. He is seeking to navigate the winds of a high debt ratio of 185 percent of GDP towards a debt ratio of 60 percent of GDP. The Plan that Odysseus had developed in 2018 is described in a book on the macroeconomy of Greece.
Where is Odysseus? Part 4 - Unemployment and Employment

Broad impact of inflation crisis becoming clearer
