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PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
PoliticsGreek Politicsdismissed the latest measure, which will begin from February, as a cheap attempt to buy votes before..., the prosecutor claimed that he had been giving an off-the-cuff opinion and later called the Cosmote
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Tsipras resigns, paves way for leadership contest at SYRIZA as left looks to regroup
PoliticsGreek Politicslight. This did not pay off, though, as a lower turnout in the second election (participation fell... of the voters who abandoned SYRIZA, it was enough to buy PASOK leader Nikos Androulakis to progress
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Newsletter 387 - 30/06/2023
why they did not pick up more of the voters who abandoned SYRIZA, it was enough to buy PASOK leader... months. That said, at -31 points consumer confidence is well off the -7 points of pre-pandemic. Industry
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PASOK pushes back against PM's refusal to tax excess bank profits
PoliticsGreek Politicsthan a one-off achievement, which would then open up the possibility of reducing taxes. Mitsotakis noted, though, that he would first have to get the buy-in of Greece’s European partners. There has been
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Newsletter 456 - 21/03/2025
to press the “reset” button got off to a shaky start as one of the new additions to the cabinet... to buy into its narrative of economic success. MacroeconomyCharts of the weekProperty prices Bank
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Parties line up for second day in OPEKEPE debate as rivals accuse PM of cover-up
PoliticsGreek Politicsabout its contents to get his former ministers off the hook. SYRIZA president Sokratis Famellos argued... funds to buy political favours. Tensions escalated further when Zoe Konstantopoulou, who leads... signalled that government lawmakers will abstain en masse from the votes because of what they see
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Government unveils 2.5 bln plan to avert water shortages, prompts opposition pushback
PoliticsGreek PoliticsThe government unveiled a high‑profile package of water projects on Thursday aimed at staving off a looming scarcity crisis that officials say threatens large parts of the country, particularly.... Balancing centralised efficiency gains with local buy‑in will be politically delicate, especially
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomypercent rise per annum in 2016-26, reaching 19.5 billion euros in 2026, which corresponds to 9.3... estimates arrivals will reach almost 38 million in 2026, generating expenditure of 23.3 billion... percent per annum by 2026. Business spending is seen rising at higher rates of 3 and 7.5 percent
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RRF promise fades as growth outlook weakens
EconomyMacroeconomyframework for the 2026–2029 period, including updated fiscal and macroeconomic expectations. The data... overall deficits of 0.2% of GDP in 2026 and 2027, returning to balance in 2028 and showing a small... primary surplus path: 2.8% of GDP in 2026 and 2.7% in each of the following three years
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Govt plays down Omicron threat despite wariness and high Covid death rate
PoliticsGreek Politicscontracting the virus. For the time being, the government is hoping that this trend will help stave off... brushed off such questions so far. Papandreou is seen by some as being more amenable to coming.... The two hopefuls that gather the most votes will go into the run-off vote a week later. Voting
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