Cost of livingRSS
New Democracy pins hopes on minimum wage hike to reverse poll lossesPoliticsGreek Politics
The New Democracy government has unveiled an inflation-busting minimum wage hike a day after the latest wave strikes and protests over the rail accident at Tempe brought towns and cities across the country to a standstill.
PM hails uptake of food voucher scheme amid growing evidence of hardshipPoliticsGreek Politics
New Democracy continues to roll out support measures in the run-up to spring elections, with the launch of the so-called “Market Pass” hailed by the prime minister as the latest in a string of government initiatives to tackle the cost-of-living crisis.
Survey highlights households struggling with cost of living, delivers worst outlook since 2019Economy
The effects of the cost-of-living crisis in Greece were summed up in another business association survey as the Hellenic Confederation of Professionals, Craftsmen, and Merchants (GSEVEE) published its latest household income and budget survey for 2022.
Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisisEconomy
The struggles of Greek households, particularly those considered vulnerable, in coping with the cost-of-living crisis were captured in the latest housing overburden data published by Eurostat. It shows that even before the inflation wave intensified (the latest data is for 2021) Greek households had little leeway to cope with rising prices.
Opposition dismisses PM's economic pledges as electioneering, keeps focus on surveillancePoliticsGreek Politics
Opposition parties have dismissed Prime Minister Kyriakos Mitsotakis’s latest economic measures as a pre-election stunt, while signalling their intention to keep up the pressure to bring the government to account over the surveillance affair.
PM puts cost-of-living crisis front and centre in dry run for election campaignPoliticsGreek Politics
Prime Minister Kyriakos Mitsotakis held on Monday the first of what are expected to be a series of press conferences before the next elections, addressing the economy and cost-of-living crisis before moving on to other subjects.
OECD sees recovery slowing, urges fiscal disciplineEconomyMacroeconomy
OECD secretary-general Mathias Cormann visited Greece on Tuesday for a meeting with Prime Minister Kyriakos Mitsotakis as the think-tank published its latest economic report about the Greek economy.
PM adds minimum wage hike to pre-election promises, with hints of more to comePoliticsGreek Politics
The turn of the year gave Prime Minister Kyriakos Mitsotakis an opportunity to reinforce the message that the government will continue to provide relief for hard-pressed households, as elections loom ever closer on the horizon.
Opposition clashes with govt over high energy prices, cost-of-living measuresPoliticsGreek Politics
Greece recorded the highest wholesale electricity prices in Europe in the past week, prompting opposition parties to attack the government, calling for a rethink of its support package.
ND paves way to spring elections with relief measures amid SYRIZA objectionsPoliticsGreek Politics
New Democracy’s approach to dealing with the cost-of-living crisis continues to be questioned by the opposition. Wednesday’s vote over the latest measure, the so-called “Market Pass”, saw SYRIZA accusing the conservatives of duping the public and favouring powerful business interests.