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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomyflared up, threatening a protracted conflict in the region, which will have a global impact... to ELSTAT data for CPI in May, electricity jumped year-on-year by 18 pct, while natural gas was up by over
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Strong income tax revenues and contained spending maintain budget outperformance in May
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared to a surplus of 3.2 billion euros in the same period a year earlier, according to the final Finance... the target, mostly thanks to personal taxation, which was up by 817 million and other income taxes by 221
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Fresh inquiry looms as file on farming subsidy investigation reaches Parliament
PoliticsGreek Politicsobtained under warrant, between politicians and OPEKEPE officials. According to Greek law, it is up... will respond. Much depends on the evidence contained in the file, which up until now has only been
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Economic sentiment sees minor slide in June, consumer confidence drops sharply
EconomyMacroeconomyin the previous month. The EEI is up by 2 points on the rolling 12-month period. Industry.... Since July 2024, industry confidence is up 4.5 points. The services index was basically unchanged
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Resignations over EU subsidy scandal deliver new blow to PM, further tarnishing image
PoliticsGreek PoliticsVarras and not follow up on the complaints. The minister’s resignation has multiple ramifications... up for the PM in Parliament when Mitsotakis is not available, Voridis had recently been appointed
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Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
PoliticsGreek Politicsattempted to show decisiveness in dealing with the issue by pledging that a task force would be set up... before the OPEKEPE case is cleared up as this could lead to potential offences by politicians being
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Migration opens new front for government after Libya snub
PoliticsGreek Politicsreception centres. Other government officials have backed up this hardline stance. Shipping Minister... spoken up on the latest developments suggests that it is already proving a unifying issue
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Mitsotakis defends his record against backdrop of tough migration package
PoliticsGreek Politicsare, we do not accept you”. Plevris followed up with a TV interview in which he said that non... of damaging revelations about New Democracy to speed up his planned comeback, which he hopes will inspire
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Newsletter 471 - 18/07/2025
. Opposition stumped Unsurprisingly, the opposition erupted. PASOK labelled the move a blatant cover-up... up to 7.8%, and Voice of Reason climbed to 5.6%. Even MeRA25 improved its standing, rising from 3.7
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Primary surplus at 4.52 bln by Jun thanks to strong taxes, contained spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 4.52 billion euros up to June, compared to a surplus of 2.91 billion euros in the same period a year earlier, according to the final Finance... billion higher than the target, mostly thanks to personal taxation, which was up by 1.1 billion
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