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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek Politics,” the Greek premier added. On Thursday, the electricity wholesale price jumped by 34 pct in Greece... the Greek authorities had used up 1.7 billion euros. Another 350 million euros was added in February... materials are also expected to increase. Greek food companies, especially those that use wheat
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PM stands by Ukraine decision, feels vindicated on defence and foreign policies
PoliticsGreek Politicsin conflicts over the last few decades, was absolutely the right thing to do. The Greek PM noted...”, insisting it is a conflict that nobody in the west wanted. The Greek PM said his decision to send military... to Turkey and its potential threat to Greek sovereignty. The New Democracy leader said that by sending
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek Politicsrisk making their products uncompetitive and putting Greek manufacturers out of business. The call..., and called for immediate reforms to the energy wholesale market. The sector is arguing that Greek... “energy cartels”. According to SYRIZA’s figures, Greek energy companies have made a windfall of 1.5
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Parties re-work strategies as clearer picture emerges for election run-up
PoliticsGreek PoliticsThere is widespread acceptance among the Greek media and political commentators that Prime Minister...-right administration compared to February. Its ratings for March stood at 35.7 pct. The Greek public... Greek Solution, where 26.7 pct of the party’s supporters feel an affinity with Moscow.
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Greece needs to re-think natural gas policy, starting with demand
Agoraof supply. Russia, once the dominant supplier, has seen its share of the Greek market trimmed to just under... LNG, covering 25 pct of Greek demand. The remainder has been supplied by Turkey via pipeline... to adjust to life without Russian gas. The messages coming from the Greek government have centred
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomyThe Greek authorities submitted to Brussels last week the updated Stability Programme..., as the Greek economy has limited direct impact in other trade items with Russia and Ukraine... energy imports. However, the Greek authorities believe that the support provided to vulnerable
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Much riding on EU approval of plan to cap energy prices
PoliticsGreek Politicsthat the government will step in to cover the difference. The Greek authorities believe the scheme.... Greek shipowners control roughly a quarter of the world’s oil tanker capacity. On Wednesday, SYRIZA MP... that Mitsotakis has tried to cultivate since the start of the war in Ukraine, has barely featured in Greek news
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Reshuffle speculation follow snap polls rumours as ND enjoys ratings bounce
PoliticsGreek Politicsof the media’s usual speculation about the date of the next elections, given that Greek government’s.... The survey indicated that PM Mitsotakis’s trip to the US was generally well received by the Greek public... that they think the trip will work in favour of Greek interests. When asked whether they would trust
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Concerns about RRF growing as deadlines loom
PoliticsGreek PoliticsThere are growing concerns about whether the Greek government can keep up with the pace necessary... installation on Greek islands. It seems that this deadline will not be met. Also, the authorities are behind... with the Next Generation EU goals. Stournaras said that the RRF can help modernise the Greek economy, trigger
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Broad impact of inflation crisis becoming clearer
AgoraIt is becoming increasingly evident to the Greek authorities that inflation is the most difficult..., which saw the Greek number climb to 10.7 pct in May, from 9.1 pct in the previous month. HICP... territory. The overall growth in Greek manufacturing was weighed down by subdued growth in output
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