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Cost of living
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EconomyMacroeconomy
Strong fiscal performance meets hard spending limits Developments last week reaffirmed how hard it will be for the Greek government to escape the grind of dealing with cost‑of‑living issues. There is a realistic prospect that affordability will dominate the months running up to the next national elections, due by mid‑2027.
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PoliticsGreek Politics
Fuel subsidies buy time as Mitsotakis looks to Brussels The government has rolled out a fresh round of fuel subsidies ahead of a winter it expects to be costly in both energy and political terms.
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EconomyMacroeconomy
Draft budget for 2027 centred on strong surplus, selective support measures The government tabled last Monday the draft budget for 2027 — an election year. The main components of the budget are in line with previous years, alongside a rather generous package of interventions for next year totalling roughly 2.3 billion euros.
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EconomyMacroeconomy
Volatile energy and bond markets tighten pressure on government The economic landscape is becoming increasingly challenging for the Greek authorities, as all the pressure points remain in place and global sources of uncertainty continue to intensify.
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PoliticsGreek Politics
Mitsotakis pairs fuel aid and private debt relief with warning to ministers Prime Minister Kyriakos Mitsotakis used Wednesday's cabinet meeting to unveil a new round of support measures on fuel and private debt, while signalling that further relief will come in increments, with any broader intervention requiring Brussels' blessing.
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PoliticsGreek Politics
Government scrapes together more fuel price measures as ELAS intensifies pressure The government is facing a dual challenge as it attempts to contain rising fuel prices while confronting a stubborn lack of movement in the opinion polls.
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EconomyMacroeconomy
Government struggles to shape narrative as rising costs compete with positive outlooks Last week offered the kind of struggle the Greek government has become accustomed to: attempting to convince the public that the economy is performing strongly while simultaneously reacting to developments that intensify the cost‑of‑living crisis.
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PoliticsGreek Politics
Government scrambles for more cost‑of‑living relief as WSJ revelations open new front The cost‑of‑living crisis, and in particular the surge in fuel prices, has become the central test of the government’s capacity to deliver tangible relief as it tries to build pre-election momentum.
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PoliticsGreek Politics
ND divided over arrogance in its ranks, as well as fuel costs and farm payments With Prime Minister Kyriakos Mitsotakis on an extended US visit, New Democracy MPs and ministers have spent the past days contradicting one another in public, amid polling suggesting that economic announcements have failed to rally support.
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PoliticsGreek Politics
PM launches tech “investment marathon” in US as fuel prices dominate domestic agenda Kyriakos Mitsotakis has turned a five-day US trip built around the UN General Assembly into what Greek officials are billing as an investment marathon, aimed at recasting Greece's image from a traditional tourism destination into a base for high-technology and AI-related capital.