The war in Iran is sending economic and energy shockwaves far beyond the Middle East, and Greece is no exception. Rising oil and gas prices, renewed inflation pressures, and uncertainty in global energy markets are already shaping the country’s outlook.
As preparations continue for the New Democracy party congress next week, PM Kyriakos Mitsotakis hopes that a meeting of his parliamentary group will provide an outlet for the mounting criticism of his leadership. The prime minister plans to use a debate on constitutional reform to refocus the party’s energies and restore unity ahead of elections.
The Bank of Greece, in its latest financial stability report, examines the housing market and the factors shaping trends in recent years.
Greece’s trade deficit jumped by 14.3 percent year-on-year (YoY) in February, after a drop of 0.9 percent in January, according to data released by ELSTAT on Wednesday.
The Bank of Greece published on Tuesday its latest financial stability report, noting continued signs of resilience in the Greek economy, although the outlook is affected by heightened geopolitical risks.
Kyriakos Mitsotakis embarked this week on a two‑day diplomatic mission to the Middle East, a tour shaped by the turbulence gripping the region and the strategic anxieties radiating from the Strait of Hormuz.
New Democracy’s move to quash parliamentary inquiries into the OPEKEPE farm payments scandal and the surveillance affair is being widely read as a tactical attempt at damage limitation ahead of national elections, with opposition parties accusing the government of a continuing cover-up.
The meeting between Greek Foreign Minister Giorgos Gerapetritis and his German counterpart Johann Wadephul in Athens on Monday offered an opportunity for both sides to reflect on the current state of Greek–German relations, which are marked by strategic convergence but also persistent divergences in priorities.
Greece’s Producer Price Index (PPI) jumped in March with a rise of 8.3 percent year-on-year (YoY), after a decrease of 1.7 percent in the previous month, ELSTAT data showed.
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