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PoliticsGreek Politics
Numbers stacking up for PM to announce winter relief package Prime Minister Kyriakos Mitsotakis heads for his summer holidays on Friday knowing that upon his return he will have to decide with his ministers what relief measures the government will set out at the Thessaloniki International Fair (TIF) next month.
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PoliticsGreek Politics
Government on mission to manage expectations in anticipation of tough winter As the political leadership prepares for the summer recess, top government officials are starting to adopt a cautious tone in view of what is expected to be a challenging winter ahead.
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EconomyFeatures
Impact of uncertainty on economy starting to emerge in hard data The uncertainty of the Ukraine conflict, which is being felt primarily through the energy crisis and the swelling inflation wave, has been reflected for months in sentiment surveys and is now gradually filtering through in hard data, sending the first recessionary signals.
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PoliticsGreek Politics
PM pledges another billion for energy bills as govt retreats over environment bill Prime Minister Kyriakos Mitsotakis has pledged to pull out all the stops to help households deal with high energy bills, although it is not clear that the relief measures are having the desired effect in terms of winning over public opinion.
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PoliticsGreek Politics
ND exults in Saudi Arabia deals as opposition calls for answers over spyware The government’s efforts to ensure that a blaze of positive publicity accompanied the range of agreements that Prime Minister Kyriakos Mitsotakis signed with Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday were somewhat overshadowed by questions about what links the conservative administration might have to attempts to eavesdrop on journalists and political rivals.
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PoliticsGreek Politics
Govt presents menu of energy proposals in Brussels as power subsidy cost balloons Athens continues to press for solutions to the energy crisis at an EU level as the cost of domestic subsidy programmes skyrockets, threatening to cut further into the budget.
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PoliticsGreek Politics
Opposition challenges government account of prompt wildfire response With the wildfires which burned through the northeast suburbs of Athens extinguished, the political recriminations have begun. The government is claiming success, but opposition parties are accusing the New Democracy administration of arrogance and misplaced priorities
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PoliticsGreek Politics
Early details show energy emergency plan facing practical challenges As Greek authorities prepare for pan-European natural gas shortages in the coming months, the regulator’s national emergency plan offers a glimpse of the cost and effort that will be required to keep the lights on this winter.
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PoliticsGreek Politics
Government attempts to offer reassurance against winter energy shortages Greece is well placed to manage interruptions to natural gas supplies in the coming months, according to Energy Minister Kostas Skrekas, who chaired a crisis meeting with senior figures in the energy sector on Monday.
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EconomyMacroeconomy
High energy prices fuel uncertainty on fiscal front The energy crisis fuelled by the Ukraine conflict will dominate the attention of Finance Ministry officials in the coming months as uncertainty over supplies during the winter has been priced into natural gas prices, which have reached 160 euros/MWh, creating doubts about the cost of the latest energy subsidy scheme.