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Trade deficit drops sharply in Oct, down 6 pct in 10M
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
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Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
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OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
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Unemployment stable at 8.6 pct in Oct
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Lost decades for Greek incomes tell different story to recovery narrative
Greece sticks to debt repayment strategy amid uncertainty caused by EU elections
Following a disappointing result in the European Parliament elections on June 9, in which New Democracy fell almost 5 points short of its own target of 33 pct and experienced a sharp drop in support compared to the 41 pct it got just one year ago in the national elections, Prime Minister Kyriakos Mitsotakis appeared on Bloomberg last Wednesday to reassure markets that his government is stable and determined to follow its reform agenda.
This also comes on the back of political turmoil in larger economies in the European Union, with French President Emmanuel Macron having called snap parliamentary polls for next month and the ruling SPD in Germany coming third behind AfD and calls for s...
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