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Government scrambles to ease household pressure as PM targets PASOK and ELAS for “freebie politics”
PoliticsGreek PoliticsThe government is stepping up its efforts to demonstrate that it is easing the financial burden on Greek households, as the second part of the latest ALCO poll painted a stark picture of economic... security debts incurred before 2024, an expanded extrajudicial mechanism allowing repayment in up
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Greece faces prolonged price pressures despite US–Iran deal
EconomyMacroeconomyup 11.5% year‑on‑year (YoY). ELSTAT’s import‑price index captures the effects of fuels on domestic.... Hopes now rest on last‑minute reservations picking up in the coming weeks. Spain has already emerged
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Government embraces debtor compensation ruling as ELAS unveils frontline team
PoliticsGreek Politics, creating a substantial political liability in the run-up to elections. Critics claimed... Observatory. The line-up also includes a sprinkling of defectors from PASOK and SYRIZA
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PBO sees resilience in economy, revises growth outlook slightly down
EconomyMacroeconomysuggests that this reduced availability alone pushed real house prices up by 19.1% between 2018 and 2025... rentals, speeding up legal procedures for property titles, renovation support tied to long-term market
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Jobs in tourism push May hiring balance upwards
EconomyMacroeconomy-time work came to 57 percent. Part-time and shift work made up 34 percent and 10 percent of hirings... up to May 2025. Total hires were 1.36 million, against 1.03 million departures.
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Government and opposition clash over NATO summit outcomes
PoliticsGreek Politicsdescribe the summit positively, saying the prime minister spoke up about the casus belli, Turkey's F-35... the government of prioritising cover-up over institutions, transparency and justice
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New passenger cars push June sales to highest since 2010
EconomyMacroeconomyof 6 percent. Lorry sales were up by 9 percent in June, and buses dropped by 7.2 percent. For the first half of 2026, road motor cars rose by 6.1 percent annually. Passenger cars were up by 5.6 percent
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
EconomyMacroeconomyAuthority (ELSTAT) on Monday. On a rolling 12-month basis, the industrial turnover was up by 5.5 percent... was up by 26.3 percent. On a monthly basis, industrial turnover in the total market decreased by 2
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VAT and underspend drive budget outperformance in first six months
EconomyMacroeconomyexecution data released on Monday. The primary balance up to June was 2.54 billion euros above... billion euros. Net revenues were 36.01 billion euros. The total budget balance up to June showed
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CPI slows to 3.4% YoY in July as energy effects moderate
EconomyMacroeconomypercent, from unchanged in the previous month. In July 2025, the CPI was up by 3.1 percent YoY..., heating oil, and solid fuels. Specifically, rents were up by 6.8 percent YoY. Food inflation stayed
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