Greek shoppers are cutting back and hunting for bargains as inflation takes a toll on the cost of holiday celebrations.

In an acrimonious debate that lasted 5 days, 159 MPs voted in favor and 136 against, following sharp exchanges over the farmers' blockades, high prices, and the OPEKEPE scandal

Political leaders make their final pitches as Prime Minister Kyriakos Mitsotakis closes a subdued five-day parliamentary debate, with farmers’ protests, housing costs and subsidy reform at the heart of today’s showdown.

As farmers threaten escalating protests and political pressure mounts, Parliament opens debate on Greece’s 2026 budget—a plan centered on major tax reforms, income boosts, and targeted relief for families, youth, and retirees amid forecasts of strong economic growth.

Ministers meet at 11 a.m. to discuss a new labor agreement, the 2026–2029 national budget framework, reforms to inheritance law, and a wide range of development and regulatory initiatives

Greece is one of 12 EU countries that meet the new fiscal criteria

The government’s 2026 draft budget, delivered to Parliament on Thursday, outlines tax relief for families, young people, and the middle class, alongside strong growth forecasts and expanding public and private investment

The World Health Organization warns of severe funding shortages after receiving 40% less financing for humanitarian emergencies this year compared to 2024, forcing service reductions that have affected millions worldwide

Greece’s draft 2026 budget banks on doubling investments to drive growth, but EU funding deadlines, a cooling property market, and stubborn inflation pose serious risks

Nominal GDP is projected to rise from €249.6 billion in 2025 to €260.9 billion in 2026, while domestic inflation is expected to ease from 2.6%.

Prime Minister François Bayrou faces a no-confidence vote on September 8, with protests planned two days later that echo the “Yellow Vests” movement

The state budget primary balance on a modified cash basis posted a surplus of 4.519 billion euros, against the primary surplus target of 2.235 billion euros

The message from travelers seems clear: closer is better, particularly when transportation costs are a deciding factor.

The proposed MFF and its revenue instruments will be debated by the EU Council, requiring unanimous approval and the consent of the European Parliament

With slow growth and rising spending demands, von der Leyen has warned of cuts across all sectors, aiming to redirect funds from traditional areas to priorities like defense and innovation.

The European Commission is set to present tomorrow its proposal for the next Multiannual Financial Framework (MFF), i.e. the EU budget for the years 2028 to 2035 – including the sticking points and guiding principles.

The Pentagon is also boosting spending on small drones, drawing on lessons from recent conflicts such as Ukraine, where unmanned aircraft have proven essential in low-cost, high-impact battlefield scenarios

The Greek per capita GDP will reach 2007-10 levels in 2033, according to a working paper released by the Budget Office of the Parliament on Tuesday, May 13. The Budget Office put forward two scenarios, according to which the Greek per capita GDP would be commensurate with 2007. In the first case study, assuming a […]

Greece’s state budget primary surplus, based on final data, reached 758 million euros in January 2025, according to figures released on Tuesday by the finance ministry. The surplus is higher than the envisioned goal of 200 million euros that is included in the introductory report for the 2025 state budget for the specific period. The […]