SYRIZA leader Sokratis Famellos has issued a renewed call for Greece’s progressive forces to set aside differences and work together as opinion polls continue to indicate that he outcome of the next elections will be inconclusive.
Greece’s current account recorded a deficit of 1.09 billion euros in October, from 408.8 million euros in September, Bank of Greece (BoG) data released on Monday showed.
Greece’s industrial turnover recorded a marginal rise of 0.3 percent year-on-year (YoY) in October, from a strong rebound of 13 percent drop in September, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
The confrontation between Greek farmers and the government has entered a decisive phase, with both sides hardening their positions as Christmas approaches.
The budget primary balance produced a surplus of 12.65 billion euros up to November, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
The ongoing dispute between the government and protesting farmers is taking a political toll on the ruling New Democracy party, according to the latest crop of opinion polls.
Greece's 2026 budget was voted through Parliament on Tuesday, just ahead of the Christmas break. It contained some gifts for Greek taxpayers as it includes the tax cuts worth 1.2 billion euros that Prime Minister Kyriakos Mitsotakis had announced earlier in the year.
PM Kyriakos Mitsotakis hit back at his critics in the budget debate on Tuesday, by unveiling new measures to tackle the housing crisis and defending his tough stance on the ongoing farmers’ protests.
The government was battered this week by farmers blocking national roads and key infrastructure and from its own parliamentary group, which questioned openly the administration’s approach, the Eurogroup’s unanimous election of Greek Finance Minister Kyriakos Pierrakakis as its president for the next two and half years was a welcome development for Prime Minister Kyriakos Mitsotakis, at least on the public relations front.
The parliamentary debate over next year’s budget is due to conclude with Prime Minister Kyriakos Mitsotakis intervention this Tuesday. His comments will be made against the backdrop of an ongoing protest by farmers, which seems to have significant public support, and the questioning of Greece’s recovery under the New Democracy administration by former PM Alexis Tsipras, who may emerge as Mitsotakis’s main rival in the months ahead.
