Farmers' demands and govt red lines keep Greece in deadlock
The confrontation between Greece’s government and protesting farmers remains unresolved, with both sides hardening their positions.
The confrontation between Greece’s government and protesting farmers remains unresolved, with both sides hardening their positions.
The election of Finance Minister Kyriakos Pierrakakis as president of the Eurogroup has been welcomed by forces across the political spectrum in Greece as the final recognition of the country’s comeback from the financial crisis.
Greece’s import price index resumed the contraction in October, with a drop of 2.4 percent year-on-year (YoY), after a 0.4 percent increase in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Vehicles going into circulation for the first time dropped by 1.6 percent year-on-year (YoY) in November, after a rise of 4.1 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
New Democracy lawmakers are demanding more action from the leadership to address the demands of farmers who have turned against the government in rural constituencies. Feeling the heat from among its own ranks as well as escalating protests across the country, the PM’s office looks set to attempt a resolution over the coming days.
Greece’s Industrial Production Index (IPI) recorded another solid growth in October with a rise of 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
As the government struggles to contain the farmers’ mobilisation, which is seen as highly challenging to resolve, a new opinion poll has indicated that there is deep public sympathy for farmers.
The stand-off between Greece’s government and protesting farmers intensified on Monday after demonstrators forced the closure of Iraklio airport in Crete, a dramatic escalation that underscored the depth of rural anger and placed fresh pressure on Prime Minister Kyriakos Mitsotakis’s administration.
The Finance Ministry submitted to the European Commission recently the latest multiyear fiscal framework for the 2026–2029 period, including updated fiscal and macroeconomic expectations.
Greece’s Consumer Price Index (CPI) accelerated in November with a rise of 2.4 percent year-on-year (YoY), from 2 percent in the previous month, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT).