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Government hopeful of weathering subsidy scandal despite public’s finger of blame
PoliticsGreek Politics, this is a 0.6-point decline on the projected result seen in the Opinion Poll’s last survey in May, although... for PASOK in the latest sounding is up half a point on May. The forecast for Course of Freedom has... pct of respondents, which is three points lower than in May. The government is hoping
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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05..., after an inflow of 471 million euros in May. Within corporate lending, the flow of credit to non... loans had an outflow of 152 million in June, from inflow of 26 million in May and the balance
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomydecline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.8 percent YoY, from a 5.8 percent drop in May... Easter last year fell on May 5th, compared to April this year, leading to stronger sales this year
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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
EconomyMacroeconomyof 31.6 percent YoY seen in May, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in May reached 2,566, from 2,418 in June 2024... grounds. May was the first positive reading of 2025. On a regional basis, the picture was mostly
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Mitsotakis dismisses poll speculation, promises swift housing relief and rural support
PoliticsGreek Politicsby five months to May next year. According to official figures, the absorption of the scheme is at 65... “surprise” in the upcoming 2026 budget debate, suggesting that additional relief measures may... of delayed subsidies, housing pressures, and public service restructuring may yet test that narrative
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Mitsotakis and Androulakis clash over rule of law as probability of early polls grows
PoliticsGreek Politicselections may become unavoidable. Mitsotakis entered the debate seeking to project unity within his... the constitutional revision process in May, focusing on around 25 articles. These include proposals... disappears. Furthermore, launching the constitutional revision process in May keeps the government’s
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Immunity vote becomes test of nerve for New Democracy as public support slips
PoliticsGreek PoliticsMakis Voridis and MP Stelios Petsas have already signalled they may not support all 13 cases... in May, Mitsotakis is expected to use today’s pre‑congress event in Heraklion to reinforce messages... no signatures are expected this week, discussions at leadership level may open the way for future programmes
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Newsletter 502 - 24/04/2026
themselves as undecided, while a further 12.4% back “other” parties — a category that may soon.... The support package may buy Mitsotakis some time. But the public mood and the force of Kövesi’s... month: the subsidy on diesel at the pump into May and on fertilisers up to August. The rest
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Rising prices and energy pressures threaten to undermine 2026 outlook
EconomyMacroeconomystructural issues in the economy that cap its longer‑term growth potential. We think these estimates may... HICP this week showed Greece climbing further to 5% in May, from 4.6% previously, giving Greece... for households, while investment plans may have to be reconsidered. ELSTAT is due to release Q1 GDP this week
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Electricity main driver for industrial production rise of 2.1% YoY in April
EconomyMacroeconomyCommission’s latest business surveys for May, industry confidence jumped to 7.9 points, from 2.6.... In addition, manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed. Growth in May accelerated to one of the strongest rates of the past year and remained
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