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OECD report underlines sobering reality of economic recovery
EconomyMacroeconomylargest union, and from the Union of Working Consumers (EEKE), shows that one in four people in urban areas and one in three in rural areas live at risk of poverty and social exclusion. Price levels
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SYRIZA leadership settled in first round as Famellos looks to build on rare moment of unity
PoliticsGreek PoliticsAfter months of acrimony, SYRIZA settled its leadership issue by electing Sokratis Famellos, the party’s former parliamentary spokesman, as its new president. Only one round of voting was needed... in the party’s leadership election in September 2023, when Kasselakis scored his surprise victory. One
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Fitch takes no rating action, leaves outlook stable
Economyagency that has left Greece one notch below the investment grade, not granting an upgrade... achieving one of the highest grant absorption rates in the EU. Despite these gains, economic legacies
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Athens and Ankara keep eyes on domestic audiences as talks continue
PoliticsForeign Policyone day later the National Council of Foreign Affairs and Defence (KYSEA) will convene. Gerapetritis... of the ruling New Democracy party. The PM ousted one of his predecessors, Antonis Samaras, from
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomycomponents indicate that the Greek government for another year comes short of what it considers as one of its... of affordability was one of the decisive factors for the choice of American voters. The Greek government
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Mitsotakis moves to quash polls speculation in aftermath of Samaras ouster
PoliticsGreek Politicsleadership elections at SYRIZA, only one in four respondents felt that the party had a chance to rebound, while one in two thought it had exhausted its chances. Added to this, around 40 pct of people who voted
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economy. This is roughly one point below last month’s estimate. The socialists pressed the government... in the 2019-2023 period, reaching less than one percentage point, with a 2023 negative saving rate of close
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Mitsotakis and Androulakis meet but keep their distance
PoliticsGreek Politicsto paint the social democrats as naysayers standing in the way of reform. Coming out of the one-on-one
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Androulakis treads fine line in opposition as pool of available voters dries up
PoliticsGreek Politicstheir meeting this week, even though the PASOK leader was one of the targets of the illicit operation... colours. For this reason, one of the biggest challenges that lies ahead for Androulakis is to show
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Newsletter 444 - 06/12/2024
to channel to support measures. This is one of several legislative proposals PASOK has submitted... to one of the highest interest rate margins in the EU and rather expensive credit across all business
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