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EconomyMacroeconomy
Inflation in October doubles to 3.4 pct, food inflation nears 10 pct Greece’s Consumer Price Index (CPI) more than doubled in October, with a 3.4-pct rise year-on-year (YoY), after an increase of 1.6 pct in September, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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PoliticsGreek Politics
Parties ponder next steps as dust settles following local elections The three main political parties in Greece are charting their next moves as they continue to digest the shock results of the second round of local elections. While the New Democracy government is downplaying the celebrations of its rivals, the strategic alliance between SYRIZA and PASOK looks likely to prove ephemeral.
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PoliticsGreek Politics
Second round of local elections deliver worrying results for PM, glimmer of hope for opposition The results of the second round of local elections, held on Sunday, put a substantially different complexion on the political picture that had been formed following the first round, as New Democracy’s dominance at a regional and municipal level failed to materialise.
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PoliticsGreek Politics
Internal resistance keeps Kasselakis on his toes, while ND focusses on local vote Facing considerable unrest within his party, SYRIZA’s recently elected leader Stefanos Kasselakis is attempting to fight back by increasing his grassroots support and avoiding any direct confrontation with his critics.
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PoliticsGreek Politics
Reconstruction funds at centre of local elections, as ND makes final push for second round As campaigning for the second round of municipal and regional elections enters the final stretch, regional reconstruction funds are emerging as New Democracy’s key weapon in the push to get the party’s candidates over the line.
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PoliticsGreek Politics
Few bright spots for opposition candidates in local polls, ND confident for second round New Democracy is claiming that total dominance over municipal and regional government is within reach, as the results of the first round of elections served up few unpleasant surprises for the governing party. At the same time, the polls created a new dynamic between SYRIZA and PASOK, as the main opposition parties contemplate strategic plays.
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PoliticsGreek Politics
Strong showing for ND in first round of local elections amid low turnout Prime Minister Kyriakos Mitsotakis interpreted the results of Sunday’s local elections as a “reconfirmation” of the public’s support in his New Democracy party, after candidates backed by the conservatives won seven of Greece’s 13 regional governorships, while ND-supported hopefuls also look well-placed to win the mayorships of Athens and Thessaloniki in run-off ballots next Sunday.
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PoliticsGreek Politics
Kasselakis looks to rehabilitate foreign policy credentials with Cyprus visit The new leader of SYRIZA Stefanos Kasselakis made his first trip abroad this week with a visit to Cyprus. The move was a symbolic gesture intended to correct the poor impression made by Kasselakis during his campaign, when he referred to Turkish-occupied territory on the island as a “statelet”.
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PoliticsGreek Politics
ND targets eye-catching wins in local elections as SYRIZA officials agree tentative truce Prime Minister Kyriakos Mitsotakis is out on the campaign trail this week as the government looks to put its recent difficulties behind it through a strong performance in this weekend’s local elections.
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PoliticsGreek Politics
Mitsotakis leans on economic performance in bid to clinch local election dominance With regional and municipal elections less than a week away, campaigning has moved into gear with Prime Minister Kyriakos Mitsotakis working to distance New Democracy from the blame attached to his administration for the poor management of natural disasters.