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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support ...
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PM set on sharing out more economic benefits in bid to recover support
PoliticsGreek PoliticsThe government’s efforts to turn the media and public’s attention away from the Tempe issue, which dominated the agenda during the first quarter of the year, continues with the promise of more voter-friendly measures to come. After announcing 1.1 billio...
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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyGreece’s fiscal outlook has become clearer along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate. The European Commission last week activated the national esc...
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Housing costs, food prices set limits to impact of tax cuts
EconomyThe Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT. Months of communications build-up around the Th...
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OPEKEPE, Predator and Ankara tension set tone for post-Easter politics
PoliticsGreek PoliticsA compressed, post‑Easter political week opens in Athens with the government facing simultaneous pressure on two domestic fronts - the OPEKEPE case files and the revived surveillance affair - while also navigating a sharp rhetorical clash with Ankara an...
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Seabed surveys for GSI set to pose next test in Greek–Turkish relations
PoliticsForeign PolicyThe planned resumption of seabed surveys for the Great Sea Interconnector (GSI) is rapidly emerging as the next major test in Greek–Turkish relations, as Athens prepares to restart work on the electricity link between Greece and Cyprus while rejecting A...
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From soup kitchens to school meals, demand for welfare in Athens is surging
Society, including soup kitchens, and the findings of its report provide further cause for concern about the social... the soup kitchens have started doing so in the last six months. Furthermore, 76 percent of those... per month. Six in 10 of those who attend at least one of the two soup kitchens a day are aged
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesGreece has reported record flows of inward investment in 2021 and looks set to exceed the amount..., and set a new record since the Bank of Greece began publishing data in 2002. For the current year, the government has set the bar at 7-8 billion euros, with almost 5 billion already secured in H1, which
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What's likely to be in the next multi-bill of prior actions Greek MPs will vote on
EconomyProgrammeFollowing the vote of the first set of prior actions demanded by Greece’s lenders last Wednesday, the government is preparing a second bill with the remaining measures set out in the Euro summit... retirement ages will be set at 67 years for a minimum of 15 years of contributions or at 62 years for 40
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Newsletter 46 - 09/10/2015
bailout programme by the end of November. Prime Minister Alexis Tsipras has set this date as his... their concerns with the party leadership. For Tsipras, it will also be his first attempt to set out... set of interventions in the product markets and business environment that were either included
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