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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyIt has become increasingly evident that the inflation clouds which started gathering above the Greek economy since June last year are not going anywhere soon as the authorities had hoped when... power has a role to play in not reaching the sales levels of 2019, which retailers had been aiming
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PM pledges more support as he seeks to resist inflation, pandemic threats
PoliticsGreek Politicssurveillance regime to take root and help rebuild the government’s image, which has been tarnished... on Monday claimed that Mitsotakis has rejected recommendations from within his party to hold snap
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ND seeks to capitalise on divergent views over defence procurements
PoliticsGreek Politicsalso argued that more effort has to be made by Athens, which has the highest defence spending in the EU
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has made it clear that politically his government will stand with the European Union and NATO over Russia’s invasion of Ukraine as his ministers scramble to find... has had a closer relationship with Russia than many EU states in recent times, stands on the Ukraine
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Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
PoliticsGreek PoliticsAs well as making a landmark foreign policy move over the weekend by deciding to supply Ukraine with arms following the Russian invasion, the Greek government has been mulling the economic impact... pronounced than initially expected and Greece has soon to work on its 2023-2026 Medium Term Fiscal Strategy
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomypercent of the total unemployed. Alarmingly, the largest portion, 166,900, has not worked for more... the share of persons with temporary jobs is 6.3 percent. Part-time employment has increased by 10.6
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PM focuses on high prices, food supplies as snap election option fades away
PoliticsGreek PoliticsDemocracy’s ratings has been made unlikely, if not impossible, by the war in Ukraine. Also, several... was elected. It is not the first time Mitsotakis has dismissed rumours of snap elections
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Government accused of complacency on food supply and price hikes
PoliticsGreek Politicsof a basket of basic goods has gone up by 10 pct in the past year. In the third week of March the price... pct, and headline inflation reaching 11 pct. The farming sector, meanwhile, has been complaining
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Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
EconomyMacroeconomypercent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. IPI has grown in 15... confidence has increased by 17.1 points. In addition, Greece’s Manufacturing PMI in March dropped
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Imminent end for enhanced surveillance offers boost to beleaguered govt
PoliticsGreek Politics, an issue that Greece has been struggling with for years. According to reports, the Greek side has presented
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