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  1. Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index grew by 8.7 percent year-on-year (YoY) in Q2, from 6.2 percent in the first quarter of 2025, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnin...

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  2. Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 8.5 billion euros up to August, compared to a surplus of 7.57 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Thurs...

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  3. Oct budget execution data affirms strong revenue performance

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 10.25 billion euros up to October, compared to a surplus of 13.53 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on T...

    11%

  4. Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025

    EconomyMacroeconomy

    Vehicles going into circulation for the first time jumped by 18.7 percent year-on-year (YoY) in December, after a drop of 1.6 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2024, licences h...

    11%

  5. Strong primary surplus of over 8 bln at close of 2025 as spending is contained

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 8.09 billion euros for 2025, compared to a surplus of 8.7 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Expenditure, excludi...

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  6. Puzzling reaction to army reservists' call for government to resign

    PoliticsGreek Politics

    An unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday. There was surprise that the government gave such attention to the statement, which amounted to a demand

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  7. Samaras proposes free wi-fi as crisis antidote for young Greeks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Prime Minister Antonis Samaras has come up with a surprising proposal to give hope to young Greeks, including those considering leaving the country because of record unemployment: Free wi-fi throughout Greece. Samaras made the unusual suggestion during a rare primetime TV interview on Monday night

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  8. Samaras finger wagging at troika a sign of pressure on Greek government

    PoliticsGreek Politics

    Prime Minister Antonis Samaras took the unusual step of criticising the troika on Tuesday, an indication of how frustrated the government feels as it is squeezed between lenders’ demands and domestic political pressures. Among the quotes that stood out during the premier’s speech at a conference

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  9. Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
    Photo by MacroPolis

    EconomyBanking

    In an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus

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  10. Voting for brinkmanship while the real economy needs solutions
    Photo by MacroPolis

    Agora

    Athens’ addiction to partisanship and political drama was yet again on full display during the last days of 2014. The election of the country’s president by parliament through an open roll call may appear unusual for observers from outside Greece. But the outdated electoral procedure through

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