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Cost of living
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PoliticsGreek Politics
Authorities ready energy "plan B" for potential supply disruptions as cost of living prompts strike High energy prices and the risk of a disruption in the supply of natural gas from Russia have prompted a series of crisis meetings involving the prime minister and the energy minister with the regulator and the energy companies to put together a strategic response for tackling potential energy shortages.
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PoliticsGreek Politics
Parties re-work strategies as clearer picture emerges for election run-up There is widespread acceptance among the Greek media and political commentators that Prime Minister Kyriakos Mitsotakis has dropped any thoughts of holding snap elections in the coming months, partly as a result of the battering his New Democracy party is taking due to the cost-of-living crisis.
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PoliticsGreek Politics
KINAL leader gains confidence as ND ratings wane Courted as a potential coalition partner by both left and right, KINAL leader Nikos Androulakis continues to hold his cards close to his chest regarding his intentions in the event of a close run at the next elections. Recent statements offer a somewhat clearer picture about the role he sees his party playing in the future Greek political landscape.
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PoliticsGreek Politics
Inflation triggers political machinations, move to increase budget spending The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New Democracy is under to find solutions to the cost-of-living crisis, not only to help households and businesses but also to stop the party’s slide in opinion polls.
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PoliticsGreek Politics
Mitsotakis sweeps aside election talk as ND continues to suffer in polls For the second time in a week, Prime Minister Kyriakos Mitsotakis has flatly denied any plans to hold snap elections or to change the electoral law yet again after his New Democracy administration adopted a form of enhanced proportional representation (PR) after the next vote, which will be held under a pure form of PR.
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PoliticsGreek Politics
Government accused of complacency on food supply and price hikes The government’s messages of reassurance over the availability and affordability of basic foodstuffs have met with strong criticism from the opposition and sections of the media.
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PoliticsGreek Politics
PM focuses on high prices, food supplies as snap election option fades away The cost-of-living crisis remains the government’s number one priority after little progress was made on containing energy prices at last week’s European Union leaders’ summit.
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PoliticsGreek Politics
PM yields on energy windfall tax as govt feels strain As his government continues to slide in the opinion polls, Prime Minister Kyriakos Mitsotakis has pledged to impose a windfall tax on energy companies if they make excess profits from rising bills. He also ruled out snap elections or a change to the electoral law.
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PoliticsGreek Politics
New Democracy's lead narrows amid cost-of-living worries, mixed feelings over Ukraine Price hikes are a growing source of concern for Greeks according to the latest opinion poll, which also suggests that support for the New Democracy government has slipped rapidly in the last few days.
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PoliticsGreek Politics
Pressure intensifies on govt for more radical interventions in energy markets The support package unveiled by the government last week already appears inadequate to contain the continuing surge in energy prices, leading industry and other pressure groups to join the opposition’s demand for stronger measures.