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Newsletter 473 - 01/08/2025
a dual purpose: protecting his administration and striking back at PASOK, which has climbed to second..., after a sharp 41.3 pct annual drop seen in March. This has taken the number of permits during... the period has collapsed by 40.5 pct and volume is also down sharply by 33.2 pct. Economic sentiment
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PM gives ESY clean bill of health, prompting opposition backlash
PoliticsGreek PoliticsWith many Greeks still on their summer holidays, Prime Minister Kyriakos Mitsotakis has taken to social media to talk up the success of the evaluation process his government has overseen... and regional clinics has driven burnout among medical professionals and regular service disruptions
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Opposition unable to join forces over recognition of Palestinian state
PoliticsGreek Politicsunder a two-state framework. No Greek administration has acted on this resolution. On July 31, PASOK... in the region. Androulakis’s move has caused frustration at SYRIZA headquarters as leftist leader Sokratis... has become somewhat of a liability amid the Gaza crisis. However, the opposition seems unable
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Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek PoliticsMitsotakis has pledged to introduce permanent measures, including significant tax cuts, to relieve... to feel the biggest benefit. In the run-up to TIF, the PM’s circle has been framing the package... the opposition’s claims that the finance ministry has been building up a surplus through over
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How will Trump's tariffs affect Greece?
Agora. US tariffs on cars imported from the EU will be reduced from 27,5% to 15% after the EU has taken...), which the Trump administration has systematically side lined. The agreement still requires.... The Commission in Brussels has also committed to introduce changes to EU supply chain legislation. Outlook
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomy(ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2 2020... percent year-on-year (YoY), from a 2.2 percent YoY rise in Q1. The slight annual deceleration has... The Finance Ministry has left unchanged the estimates included in the final 2025 budget, with growth
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Newsletter 476 - 19/09/2025
-crisis levels, this has compounded the developments of the recent years and has made getting... the calm relations that it has established with markets. MacroeconomyChart of the weekProperty prices
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Summit of transactions – Erdogan and Trump
AgoraF-16 package. Ankara has already pared back US upgrade kits in favor of local solutions, but the new... a shadow over the summit. Erdogan has rejected Trump’s plan to resettle Palestinians outside Gaza... of Turkey’s democratic backsliding. Instead, President Trump – who has previously praised Erdogan
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
Economycompliance with the agreed commitment and it has a good working relationship with eurozone partners... and the stability seen by rating agencies. The RRF also has a pivotal role in the economic developments... have adverse effects on GGB rating. It seems that Greece has enjoyed most of the benefits of fiscal
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Access to housing market slipping away for young Greeks
Societychildren or more children. The crisis has been intensifying over the last few years, as the property market..., property availability and house prices. Having acknowledged that supply has been adversely affected... is that the pressures in the property market and incomes have been building up over a number of years and it has now
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