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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
EconomyMacroeconomyThe budget primary balance produced a surplus of 9.36 billion euros up to September, according.... The total budget balance up to September showed a surplus of 2.31 billion euros, from a 1.57 billion euros deficit up to September 2024. The overall balance is better than the target by 3.89 billion
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ND braces for rural backlash to OPEKEPE scandal as law and order initiatives take centre stage
PoliticsGreek Politicsthat up to half of all upcoming payments audited in spot checks appeared to be out of order. Under the newly tightened-up rules, audits precede disbursements, leading to longer delays. According to government figures, up to 240,000 applications will need to be checked before any payments start
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Government tries to shake off OPEKEPE stigma as PASOK struggles to make gains
PoliticsGreek Politicsprobes ended up focussing on the same individuals. Mitsotakis went on to claim that the government... several times to ask why some payments were being held up. In his statement, Avgenakis claimed... – just a few days after taking up his position. Papavassiliou was forced to step down after it emerged
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Retail sales grow strongly in Aug with 5.3 pct YoY rise
EconomyMacroeconomymovement was also up by 0.2 percent. Compared to August 2024, automotive fuel was down by 6.8 percent, non... percent and food and beverages were up by 8 percent. Clothing and footwear also recorded a rise of 3.8..., with fuels down by 1.9 percent, a 4.6 percent rise in foods and non-food up by 7.6 percent. According
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Hiring balance turns negative in Sep on as tourism season winds down
EconomyMacroeconomyand termination of contracts. Layoffs rose by 19,530 year-on-year, while voluntary exits were up by 7,056. Hirings were up by 13,794 jobs compared to September last year, while departures rose by 26,586. The proportion of hirings for full-time work came to 48 percent. Part-time and shift work made up 44 percent
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Budget underspend carries on in Oct as taxes continue to outperform
EconomyMacroeconomyThe budget primary balance produced a surplus of 10.3 billion euros up to October, according.... The total budget balance up to October showed a surplus of 3.09 billion euros, from a 6.12 billion euros surplus up to October 2024. The overall balance is better than the target by 2.88 billion euros
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OPEKEPE inquiry sparks new political clash as despondent public looks on
PoliticsGreek Politicswas a step forward, not a cover-up, and arguing that any forced appearance would be futile given... pct positive responses (up from 11 pct) and 10 pct “interest,” while Samaras’s garners 6 pct positive (up from 5 pct) and 10 pct “interest.” Both draw from distinct voter pools: Tsipras from the left
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
EconomyMacroeconomy. Exports of goods were up by 0.2 percent QoQ and services exports decreased by 0.4 percent. Imports of goods dropped by 2.3 percent and services were up by 1 percent. Compared to Q3 2024, final... YoY, while services were up by 1.1 percent. Goods imports were down by 5 percent and imports
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Polls highlight new party's disruptive potential as opposition calls foul over flights blackout
PoliticsGreek Politics, giving rise to speculation that it could reshape Greece’s political landscape in the run-up... a slightly different line-up among existing political parties. New Democracy still maintains an unassailable... the survey are undecided voters, making up 14.8 pct of the total, and those saying they would vote
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Newsletter 492 - 23/01/2026
% threshold. Up to ten parties could enter Parliament, with undecided voters accounting for nearly 17... with copies rather than original files. Although not definitive proof of a cover‑up, the revelations... this could create fiscal space of around 800 million euros up to 2027, falling to 300 million euros
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