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  1. PM strikes public diplomacy coup with Zelensky visit, faces criticism over wildfires

    PoliticsGreek Politics

    in Parliament about the authorities’ response to the fires. The main opposition party has accused... has never been implemented, while just one million euros has been utilised out of a 178.5-million

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  2. Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble

    EconomyMacroeconomy

    in July, according to European Commission figures released on Wednesday. Sentiment has been improving... to -35.4, after a rise of 2.5 points in the previous month. Although the indicator has recovered from.... Since September last year, industry confidence has risen by 6.5 points. The services index saw

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  3. SYRIZA leadership contenders enter final stretch, as ID cards become latest headache for govt
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    Professor Othon Iliopoulos, were to resign for any reason. Kasselakis has said that in the event... Androulakis was still an MEP. A Kasselakis win remains unlikely, given that he has already proven unpopular... It is the opposite end of the political spectrum that has been causing a bigger headache for the government

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  4. Return to investment grade overshadowed by flood destruction

    Economy

    Democracy would have wanted. Flood damage Thessaly is going through an unprecedented disaster that has claimed at least 15 lives and has caused a destruction of property, infrastructure and productive... that all productive capacity in the area has been lost, fields have become unworkable and animals

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  5. Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing

    EconomyMacroeconomy

    since early 2021. April was the first negative reading since February 2021. The index has also been... dropping by 2.8 points in the previous month. Since September last year, industry confidence has... a 1-point increase in July. Sentiment has been improving in nine of the last 10 months, essentially

    2%
  6. Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
    Photo by MacroPolis

    EconomyMacroeconomy

    million. Overall, the PIB balance landed at a deficit of roughly 3 billion euros. Greece has also... standards. It adds that there has been already a supplementary budget of 700 million euros spending right after the elections, the second supplementary budget that was tabled last week has 600 million

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  7. PBO draws attention to effects of climate crisis on public finances
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The Parliamentary Budget Office (PBO) has published its quarterly report, in which it confirmed..., suggesting that this should be reflected on retail prices. The current account has also narrowed.... It is noted that the state has to assume a more prominent role, also questioning whether the role

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  8. S&P awards investment grade, bringing arduous cycle for economy to a close
    Photo by MacroPolis

    Economy

    to investment grade by DBRS last month, Greece now has two investment grade ratings from the four agencies... that Greece has a sizable cash buffer of 37.2 billion euros, or 17 pct of GDP. S&P expects the economy to grow... on December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review

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  9. Parties diverge over Gaza conflict in wake of UN vote abstention
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    on the telephone. The government insists that throughout this time, Mitsotakis has emphasised... solution to the Palestinian problem. Opposition reaction Despite the government’s insistence that it has..., the government has been trying to stress that it is not one-sided in its approach to the Gaza conflict

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  10. Opposition parties accuse ND of manipulating inquiry into Tempe crash
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Democracy has been arguing that the matter should be left to the courts, while claiming... any potential threats. Christmas handout Prime Minister Kyriakos Mitsotakis has been keeping his... focus on this issue, however this has also allowed him to stand aloof from criticisms aimed at his

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