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Cost of living
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PoliticsGreek Politics
ND struggles to gain traction on back of tax-cut pledges as voters’ trust remains low After his six-day trip to New York for the United Nations General Assembly, Prime Minister Kyriakos Mitsotakis returns to the more mundane task of domestic politics this Tuesday, knowing that his party has failed to make any significant progress in the opinion polls following the recent announcement of a major tax-cut package.
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Economy
Housing costs, food prices set limits to impact of tax cuts The Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT.
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Society
Access to housing market slipping away for young Greeks The housing crisis is a central issue for the Greek public and the country’s political discourse, with the government attempting to address the challenges faced by young Greeks by allocating the lion’s share of its latest tax relief package to those under the age of 30 and families with two children or more children.
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EconomyMacroeconomy
Growth treads water as PM targets relief for households Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
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PoliticsGreek Politics
Government defends tax-cut package against opposition criticism Opposition parties have set to the task of picking apart the government’s Thessaloniki International Fair package, which PM Kyriakos Mitsotakis described as the biggest tax reform in recent history.
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PoliticsGreek Politics
Government hopes new affordable homes bill can help alleviate housing pressure Greece’s housing crisis has emerged as one of the key issues that the government has to address as part of its effort to tackle structural problems and boost its chances of winning a third term in office.
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PoliticsGreek Politics
Government tries to polish economic image as it prepares for big gamble on relief measures Greek politics is back from its summer break and attention is turning to the contents of the relief package that Prime Minister Kyriakos Mitsotakis is due to announce at the Thessaloniki International Fair on September 6.
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PoliticsGreek Politics
PM prepares to finalise relief package as talk of electoral tweak gathers pace Greek politics is set to resume its normal rhythm again after the peak of the summer holidays over the weekend, and the government’s focus is on winning back support so it can pave a way to a victory in the next general elections, due to be held in less than two years.
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PoliticsGreek Politics
Mitsotakis prepares for autumn gamble after testing summer A few days before Greece emerges from the political lull of August, the Thessaloniki International Fair (TIF) is rapidly becoming the focal point of a high-stakes autumn. Prime Minister Kyriakos Mitsotakis is due to unveil a sweeping relief package aimed at easing the cost-of-living crisis, which has proved a source of concern and frustration for voters throughout the last few years.
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PoliticsGreek Politics
New Democracy tries to win over voters with crackdown on bank charges, migration Amid the onslaught of damaging revelations about farm payments fraud, ministers have seized on voter-pleasing topics to try and reverse the negative climate emerging from polls, announcing new limits on bank charges while doubling down on anti-migrant rhetoric.