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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomyin the final 2025 budget, with growth seen at 2.3 pct for 2025. In the latest financial stability report... Commission in its latest spring forecasts published last month sees the Greek economy growing by 2.3 pct in 2025. In its latest WEO released in April, the IMF sees growth of 2 pct in 2025. In its latest
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Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek PoliticsThe government is facing pushback over its latest labour reforms just as it prepares to launch... with the government’s claims to be improving the quality of life of ordinary citizens. The latest raft of proposals.... The latest Eurostat data found 12.4 pct of Greeks working more than 49 hours per week, while the EU average
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomyseen at 2.3 pct for 2025. In the latest financial stability report that was published in May, Bank of Greece (BoG) sees 2025 growth also at 2.3 pct The European Commission in its latest spring forecasts published last month sees the Greek economy growing by 2.3 pct in 2025. In its latest WEO released
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ND accused of cover-up in OPEKEPE inquiry as party recruits ex-PASOK minister
PoliticsGreek PoliticsAndreas Loverdos signals the latest attempt by PM Kyriakos Mitsotakis to recapture the centre ground... Democracy initiatives while in opposition, leading many to anticipate the latest development... his move as the latest in a series of machinations undertaken in coordination with Mitsotakis
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Access to housing market slipping away for young Greeks
Society’s share of its latest tax relief package to those under the age of 30 and families with two... a significant role in economic activity. Based on the latest data, Airbnb-type properties now offer... shortage in supply of properties on the market. Based on the latest estimates by Piraeus Bank, based
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Government faces pushback on labour law amid lukewarm response to tax cuts
PoliticsGreek Politicsof workers’ unions GSEE has called for entire sections of the government’s latest reform bill... perseverance showed she was prepared to take tough decisions. The latest raft of proposals... for young families to juggle work with childcare. TIF assessment The outcry over the latest labour reform
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Reshuffle on horizon as second OPEKEPE dossier rattles government
PoliticsGreek Politicsto have taken place in 2021. Five former MPs also face prosecution in connection with the latest case..., sensing a degree of unpreparedness in the face of the latest development. Although it was known... forthcoming, New Democracy was evidently surprised by the scale and scope of the latest request. Nikos
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PM pivots to constitutional reform as he tries to limit OPEKEPE fallout
PoliticsGreek Politicsof the subsidy scandal beginning to leave measurable marks on the political landscape, with the latest Alco poll showing New Democracy slipping since the latest allegations broke and public dissatisfaction..., the latest barrage of claims around the subsidy scandal have caused a heavy mood. MPs are privately
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Topsy-turvy ride continues for Independent Greeks, as another MP goes
PoliticsGreek Politicsin the latest episode of its brief but turbulent history. Party leader Panos Kammenos ousted MP Giorgos... up his own right-wing movement. Davris’s departure is the latest undulation in the up-and-down story... that, it also puts to rest the latest turbulence for the right-wing party, which has never been far from
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Drop in Greek retail sales accelerates to 3.4 pct in March
EconomyMacroeconomydecline. The index of retail turnover is persistently heading south YoY since May 2010. Its latest... in the retail trade figures, the latest reading of the consumer confidence indicator showed an improvement for the third successive month in May, reaching its highest level since February 2010. The latest
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