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PoliticsGreek Politics
Government dampens expectations for handouts in PM's speech In less than three weeks, Prime Minister Kyriakos Mitsotakis will attempt to set the tone for his government’s second term in office, when he delivers the keynote speech to mark the opening of this year’s Thessaloniki International Fair (TIF), but aides have started to dial down expectations that the address will be an opportunity for the PM to make significant economic pledges.
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PoliticsGreek Politics
Growing challenges await PM following summer break As Greece reaches the peak of its summer, Prime Minister Kyriakos Mitsotakis faces a daunting return from his vacation due to several government slip-ups over the last few weeks and a series of challenges that lie ahead.
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PoliticsGreek Politics
Government fleshes out priorities, SYRIZA sets dates for leadership vote Amid a heatwave that has put the government on alert for potential wildfires, and an early blow to its reputation after recently being re-elected, New Democracy is fleshing out its priorities for the new term.
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PoliticsGreek Politics
Mitsotakis sets political tone for new term as well as unveiling policies Apart from setting out the policies the new government intends to focus on over the next four years, Prime Minister Kyriakos Mitsotakis used his speech on Thursday, at the start of a three-day debate on his administration’s programme, to set the political and ideological tone for New Democracy’s second term in office.
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EconomyMacroeconomy
BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels The Bank of Greece published its latest monetary policy report, which re-affirms the growth outlook for this year, the challenges that lie ahead for the new Greek government as well as an array of policy recommendations.
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PoliticsGreek Politics
Early goals set as new cabinet gets to grips with tasks for ND's second term The new cabinet, chosen by Prime Minister Kyriakos Mitsotakis after his re-election on Sunday, is due to meet for the first time on Wednesday as the government looks to pick up where it left off in May and continue what the New Democracy leader has labelled the “transformation” of Greece.
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EconomyMacroeconomy
EC reports highlight tight fiscal path and economic challenges The European Commission published on Wednesday two key reports, one was in the context of the 2023 spring recommendations and the other was the second report of the post-enhanced surveillance period.
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Economy
BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms In the Bank of Greece governor’s annual report for 2022, Yannis Stournaras outlined the progress that the economy made in 2022, although the year was marked by increased global uncertainty and the challenges posed by the conflict in Ukraine and price pressures stemming mainly from the energy sector.
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EconomyMacroeconomy
OECD sees recovery slowing, urges fiscal discipline OECD secretary-general Mathias Cormann visited Greece on Tuesday for a meeting with Prime Minister Kyriakos Mitsotakis as the think-tank published its latest economic report about the Greek economy.
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EconomyMacroeconomy
BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist The Bank of Greece (BoG) has joined the group of organisations that has incorporated the latest global challenges in its forecast for Greece, with growth next year seen declining substantially compared to the 6.2 pct envisaged for 2022.