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Finance Ministry seeks solutions to address growing housing problem
Economyand servicers. The government is also working on a set of incentives and counterincentives for homeowners... programmes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every
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Clarity over fiscal space allows PM to prepare next relief package
PoliticsGreek Politics. This amount will be added to the 1 billion euros allocated to Greece from the organic rise... for a similar effect in September, when he unfurls the latest set of measures in Thessaloniki. Opinion poll
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Newsletter 468 - 27/06/2025
newsletter, and before the US-led strikes on Iran’s nuclear facilities on June 22, we set out how... was solid. Receipts exceeded 1 billion euros, jumping by 17.4 pct year-on-year (YoY). Over the first
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Growth treads water as PM targets relief for households
EconomyMacroeconomyAhead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual... to 1 pct YoY and dropped marginally by 0.1 pct QoQ. Investments rose by 6.5 pct YoY and grew by 7.4
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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek Politicsthat a decade ago the country borrowed at nearly 10 percent while France paid 1 percent. Today, borrowing... consumption-driven, the PM explained Moving beyond tourism’s 3 percent share of GDP, Mitsotakis set
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Athens hopes strengthening of US ties brings geopolitical benefits
PoliticsForeign Policydrilling set to begin northwest of Corfu under the agreement between ExxonMobil, Hellenic Energy..., Athens is reviving the “3+1” energy cooperation group (Cyprus-Greece-Israel + Egypt). All four
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Greece - Some structural macroeconomic arithmetic
Agoragrowth. Consider Table 1 below, which presents recent growth outlooks for Greece by the Ministry... suggests that trend output growth sits around 1¼ percent a year. The OECD seems to be below 2 percent... are average workers in the economy becoming more efficient to make up for fewer in number.[1
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China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoraexists the “16+1” initiative. The 16+1 framework seeks to improve trade and economic relations between... and Slovenia. The 16+1 club includes current and non-EU members, NATO members and EU candidate countries... of countries are absent. For one, it should be noted that Greece is not a member in the 16+1 arrangement
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The key points from lenders' proposals to Greece
EconomyProgrammeprimary surplus targets of 1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... that the VAT reform targets a revenue increase by 1 percent of GDP or 1.8 billion on an annual basis... to be effective as of July 1, compared to October 1 for the Greek government proposal. Other fiscal
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The Court of Audit's opinion on new pension cuts and its implications
Legalin combination with article 98(1)(d) of the Greek Constitution, according to which: “The Court of Audit... percent reduction of pensions to the extent that, pursuant to article 1 of the First Additional... the compatibility of the cut in question with the articles 2 (1), 5 (1) and 25 (1) of the Greek Constitution which
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