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Newsletter 512 - 10/07/2026
a prominent role in developments in the trade balance this year as the deficit in May dropped by 15.7 pct
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Government opens door to coalition amid poll deadlock and escalating clash with Tsipras
PoliticsGreek Politicsnow acknowledges that coalition talks may be unavoidable if ND falls short of a majority. Government
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Greece relies on labour, VAT and green taxes more than any EU member
EconomyFeaturescategories. This move aims to stabilise the social‑security fund but may further impact the already high
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New passenger cars push June sales to highest since 2010
EconomyMacroeconomyThere was a solid increase in the number of vehicles going into circulation for the first time in June, when they rose by 8.3 percent year-on-year (YoY) in June, after an increase of 4 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In June 2025
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PM offers more fuel relief as path to TIF pledges becomes more treacherous
PoliticsGreek Politicsthe funding source for the diesel subsidy, suggesting it may derive from excess VAT revenue on fuel
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Building activity slows in April with 4.2% YoY rise
EconomyMacroeconomythe construction code unconstitutional on environmental grounds. May 2025 was the first positive reading
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Unemployment rate stable at 8% in June
EconomyMacroeconomypercent in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year
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PM urges ministers to focus on delivery, not be distracted by likely long election campaign
PoliticsGreek Politicsmay submit up to 10 proposals each for costing, with submissions closing 120 days before the election
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Manufacturing conditions continued to improve in July, despite cost pressures
EconomyMacroeconomyto build safety stocks may dissipate in the coming months, although this will remain conditional
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