The Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory.
With critical votes approaching in the parliamentary calendar, the aftermath of the ousting of former PM Antonis Samaras from New Democracy looks set to preoccupy the ruling party in the weeks ahead.
There was an acceleration in the decline of Greece’s industrial turnover in September, dropping by 7.9 percent year-on-year (YoY) from a 4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
Greece’s current account was back in deficit in September, widening to 316.5 million, from a 651.3 million euros surplus in August, Bank of Greece (BoG) data showed on Wednesday.
Greece’s central government debt recorded a drop of roughly 3 billion euros to 404.29 billion euros in Q3 2024, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
Prime Minister Kyriakos Mitsotakis has attempted to draw a line under his spat with former Premier Antonis Samaras, but the matter is likely to run as long as the former New Democracy leader does not make his intentions clear now that he has been ousted from the party’s parliamentary group.
As an American expat in Europe, it is a familiar quadrennial exercise to be called upon to explain to friends, colleagues, and even random strangers in shops why America elected who they did as president. The reasons this year are both complex and simple
The latest hit to efforts to create a buzz around the Greek economy came this week from the OECD’s How’s Life 2024 report, with the challenges outlined in an op-ed by the country’s representative at the Paris-based think-tank a few days ago.
The tension that had been building since the summer between Prime Minister Kyriakos Mitsotakis and his predecessor Antonis Samaras erupted over the weekend, when the New Democracy leader ousted the ex-premier from the party's parliamentary group after the latter criticised the government again in a newspaper interview and called for Foreign Minister Giorgos Gerapetritis to be removed from his position.
The budget primary balance recorded a surplus of 13.49 billion euros up to October, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
