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Cost of living
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PoliticsGreek Politics
Government tries to polish economic image as it prepares for big gamble on relief measures Greek politics is back from its summer break and attention is turning to the contents of the relief package that Prime Minister Kyriakos Mitsotakis is due to announce at the Thessaloniki International Fair on September 6.
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PoliticsGreek Politics
PM prepares to finalise relief package as talk of electoral tweak gathers pace Greek politics is set to resume its normal rhythm again after the peak of the summer holidays over the weekend, and the government’s focus is on winning back support so it can pave a way to a victory in the next general elections, due to be held in less than two years.
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PoliticsGreek Politics
Mitsotakis prepares for autumn gamble after testing summer A few days before Greece emerges from the political lull of August, the Thessaloniki International Fair (TIF) is rapidly becoming the focal point of a high-stakes autumn. Prime Minister Kyriakos Mitsotakis is due to unveil a sweeping relief package aimed at easing the cost-of-living crisis, which has proved a source of concern and frustration for voters throughout the last few years.
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PoliticsGreek Politics
New Democracy tries to win over voters with crackdown on bank charges, migration Amid the onslaught of damaging revelations about farm payments fraud, ministers have seized on voter-pleasing topics to try and reverse the negative climate emerging from polls, announcing new limits on bank charges while doubling down on anti-migrant rhetoric.
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Economy
Moody's upgrade underlines gap between economic story and reality for households The recent upgrade of Greece’s credit rating by Moody’s to investment grade highlighted the difficulties that Kyriakos Mitsotakis and his administration have had in building traction for the government’s economic record with the Greek public.
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PoliticsGreek Politics
Health insurance costs and energy bills provide new avenue for opposition attacks With the long period of speculation about the identity of the presidential candidate over, PM Kyriakos Mitsotakis must now return to the everyday business of Parliament, where the agenda continues to be dominated by the cost of living. Energy bills have returned to the forefront, while the opposition has stirred up a debate about rising insurance costs.
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PoliticsGreek Politics
Government pledges more reforms, but economy set to prove deciding factor in 2025 After suffering a more turbulent year than it expected, the government is aiming to regain its footing in 2025 by returning to the reform agenda that served as the flagship of its first term in office. However, its record regarding the performance of the Greek economy will likely be the factor that determines whether New Democracy enjoys a better year or not.
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PoliticsGreek Politics
Support for ND edges up in new polls as voters' concerns persist Prime Minister Kyriakos Mitsotakis will be buoyed by the fact that two new opinion polls show support for his New Democracy party edging up since last month, although both soundings confirm that the public’s overall mood is relatively sour, particularly because of cost-of-living issues.
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PoliticsGreek Politics
ND denies plans to bring in more MPs as Mitsotakis waits to see impact of new measures In the wake of Sunday’s budget vote in Parliament, New Democracy has ruled out the possibility of boosting its ranks by adding three independent MPs who were previously with far-right Spartiates to its parliamentary group.
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Economy
Latest data highlights tough day-to-day economic conditions, giving opposition ammunition Political developments are putting more pressure on the government to deliver tangible economic results.