Although Prime Minister Kyriakos Mitsotakis and his aides have been meeting with investors in New York, the headlines in Friday’s newspapers were dominated by the news that the state-controlled Public Power Corporation (PPC) is launching a capital raise that will lead to the country’s main electricity supplier becoming majority-owned by the private sector.
Greece formally completed the eleventh post-programme review, which took place remotely in mid-July and was followed by regular consultations, with the report published on Wednesday by the European Commission.
The first polls conducted after government and opposition set out their stalls at the Thessaloniki International Fair give New Democracy and Kyriakos Mitsotakis a slight edge for their pledges on the economy over SYRIZA and Alexis Tsipras.
The Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory.
Greek households are being warned about the possibility of steep hikes in their electricity bills this winter, as the government scrambles to cushion the effects of inflation across a range of basic goods.
Earlier this month, Greece lost one of the most emblematic figures of its modern era, composer Mikis Theodorakis, who died on September 2 at the age of 96.