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PM urges ministers to heed local vote warnings as opposition looks ahead
PoliticsGreek PoliticsKyriakos Mitsotakis called on his ministers to heed the warnings of the second round of the local elections, which saw New Democracy lose in five of the six remaining regional authority contests...” rhetoric. He advised members of his government to “engage your brain” before speaking publicly
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Newsletter 488 - 12/12/2025
others saw them as legitimate pressure. The findings highlighted the government’s dilemma: appearing... the initial refusal to engage while protests continued. Farmers are due to hold a national meeting
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Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomymarket. Greece issued a 3.5 billion euro bond with a coupon of 0.75 pct and a reoffer price of 99.44, implying a reoffer yield of 0.807 pct and a spread of 135.3 basis points over the German DBR 0 pct
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Added layer of complexity to Greek-Turkish relations in wake of failed coup
PoliticsForeign Policyregarding increased security for the Turkish embassy and its staff in the wake of the failed coup. The group, known for storming public buildings, threw red paint at the Turkish Embassy in Athens on July 26... in the attack on the Turkish Embassy. Perhaps of more concern to the government is the fact that the anarchists
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Athens in dispute with Spanish ambassador over Catalonia stance
PoliticsForeign Policytheir way into the Spanish Embassy. The Ambassador hinted that despite a demarche over this “serious... sentenced the members of Rubicon who broke into the Spanish Embassy to six months in prison.” It also accused the Spanish diplomat of double standards, noting that “By contrast, the 2011 Embassy break
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Diplomatic expulsions come amid worsening Greece-Russia relations
PoliticsForeign Policyto provoke problems, especially with regard to the Macedonia name issue. The Russian Embassy in Athens avoided commenting on the issue. According to Interfax, the Embassy says that is preparing... for a Russian diplomat at the Embassy in Athens as there were suspicions that he was a member of Russia's
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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