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Parliamentary chicanery raises doubt about PM’s grip on party as he looks ahead to relief package
The government is hoping that a mixture of summer holidays and discussion about the relief measures it is due to announce in a few weeks will dampen down the furore over this week’s controversial developments in Parliament.
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday.
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
National Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY).
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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
Eurobank posted a net profit of 691 million euros in H1 2025, from 721 million euros a year earlier, down by 4.3 percent year-on-year (YoY).
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Politics
Ex-ministers escape farm payments inquiry in controversial vote
The vote over whether to hold a preliminary inquiry into the role of two former government ministers in the farming subsidy scandal ended in a storm of recriminations after the opposition’s proposals were rejected with the votes of a handful of New Democracy lawmakers.
Parties line up for second day in OPEKEPE debate as rivals accuse PM of cover-up
PM aims to divert OPEKEPE inquiry as he signs up to SAFE scheme
Economy
Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
Piraeus Bank posted a net profit of 559 million euros in H1 2025, from 563 million euros in H1 2024.
Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
Producer prices on six-month run of rises after 1.6 pct YoY increase in Jun
Society
Survey of 2023 household budgets highlights lasting effects of debt crisis
The latest household budget survey for 2023 was released by ELSTAT and it shows that inflation continues to have an effect on spending, while the long-lasting impact of the debt crisis is still prominent.
Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty
Workers lost almost 9 pct of real income last year, research shows
Agora
Podcast - Subsidise this: Fraud scandal delivers new blow to Greek PM
Anyone hoping for a calm summer in Greece just had their hopes dashed. A political storm is engulfing Athens, with four government officials already ousted amid a deepening scandal tied to the misuse of EU agricultural funds.
Fet-a-ccompli: Tariffs and Greece’s big cheese
Athens and Berlin have reasons to take a closer look at each other