Politics
Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
Details are emerging of the government’s plans for further economic support measures to cushion the effects of the war in Ukraine on inflation. With the cost set to balloon over the coming weeks, the stance adopted by the EU will be crucial in determining how far the Finance Ministry can go to counterbalance cost-of-living rises.
Athens hoping for period of calm in Greek-Turkish relations after PM's talks with Erdogan
Athens is expecting a new political environment in its relations with Ankara, to retain open communication channels and a period of tranquility in the Aegean and the Eastern Mediterranean following the meeting between Kyriakos Mitsotakis and Recep Tayyip Erdogan in Istanbul, on Sunday.
Govt readies additional inflation relief package, draws up new budget
The government is set to announce later this week the enhanced package of relief measures aimed at cushioning the impact of the war in Ukraine on Greek businesses and households but also insulating New Democracy from potential voter dissatisfaction.
Hopes of EU providing immediate relief wane as economic challenges multiply
The first day of the EU leaders’ summit in Versailles on Thursday did not produce particularly encouraging developments for the Greek government, which is hoping that Europe will step in to provide solutions on the fiscal front as the energy crisis and runaway inflation fuel political concern.
Parties pick from energy policy menu as EU response opens up more options
The past week has seen the range of potential policies for tackling high energy prices expand with further proposals at both the EU and the domestic level.
Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
Prime Minister Kyriakos Mitsotakis has pledged that his government will announce in the coming days an additional support package to counter the cost-of-living crisis, which remains a key threat to New Democracy’s political fortunes.
Mitsotakis prepares to meet Erdogan as Greek ties with Russia collapse
Against the backdrop of the war in Ukraine, Prime Minister Kyriakos Mitsotakis is set to meet Turkey’s President, Recep Tayyip Erdogan on Sunday, in what will be their first talks on Turkish soil rather than neutral territory.
Govt weighs escalating impact of Ukraine war on public finances
The government is racing to keep up with estimates of the impact of war in Ukraine on the budget, as another week of hostilities has sent the prices of energy and basic goods soaring and businesses warn of more price hikes on the way.
PM stands by Ukraine decision, feels vindicated on defence and foreign policies
Prime Minister Kyriakos Mitstotakis has doubled down on his decision to send arms to Ukraine despite ongoing criticism from the opposition parties regarding the policy but also not consulting with his rivals.
Govt mulls more tools against inflation as cost of living set to soar
The markets’ reaction to conflict in Ukraine has sent the government in search of additional policy tools to shield consumers from galloping inflation.