From stalled EU decisions on energy and long-term spending to delayed farm subsidies and uncertainty over gas transit routes, Greece faces mounting risks as major economic initiatives struggle to deliver on their promises.
Speaking during a parliamentary debate on the 2027 budget, the finance minister acknowledged the pressure on household purchasing power and warned that global economic uncertainty has become a lasting concern.
Seven in 10 expect revenue to grow over the next year, even as pessimism has nearly doubled. Plans for acquisitions have jumped, and the use of AI in finance departments has more than tripled.
ELSTAT's national price index rose 2.1% from August, with housing and transport costs climbing sharply. Eurostat's harmonized measure put September inflation at a similar 5.1%.
Greece improved its overall score and rose two places globally, but slipped one position among EU countries, ranking 25th as other economies advanced more quickly
In the preliminary 2027 budget, inflation is now expected to average 3.8% in 2026, but the government is holding to a 2% growth forecast and counting on tourism, investment and household support to cushion the impact.
The payment was funded with proceeds from the reprivatization of Greek banks that had previously received support from the Hellenic Financial Stability Fund, reducing Greece’s public debt.
Morningstar DBRS trims Greece's 2026 growth forecast to 1.8%, still ranking the country among Europe's outperformers as larger economies lag behind.
Greece has cash to cushion fuel and heating costs this winter but little room under EU spending rules to use it, so officials are waiting on oil prices before deciding how much to spend
New lending to Greek small and medium-sized enterprises increased 25.2% from 2023 to 2024, but reflect shrinking share of business loan market
The finance minister said existing recipients will receive more, while the government is also preparing measures aimed at bringing heating oil prices below last season’s closing level
Greece awaits Moody's and Scope ratings today, as focus shifts from investment grade to whether debt cuts can push it higher still.
EU funds, cheap financing for small businesses and corporate spending could help close Greece’s investment gap with Europe, but execution and a more difficult international backdrop remain the main obstacles
Government spokesman Pavlos Marinakis said Greece has recorded the largest decline in unemployment among EU countries, while household incomes have risen by more than 30% over six years.
The government spread more than 2 billion euros across pensioners, farmers, workers and businesses, but early reactions suggest the strategy of giving a little to everyone has yet to deliver the political payoff New Democracy was counting on
The measures will cost €605 million in 2026, rising to €2.2 billion in 2027 and €3.6 billion annually by 2030, with changes spanning wages, pensions, housing and business taxes
Expectations were high for the prime minister's speech at the Thessaloniki International Fair. What he delivered fell well short of the mark his own government had set.
Moody’s cut Greece’s 2026 and 2027 growth forecasts to 1.7%, citing global risks while maintaining confidence in the country’s strong economic fundamentals
The Greek Left Alliance leader and former PM will present a four-year blueprint for 2027-2030, promising costed proposals and a new "Patriotic Levy" as he attempts to draw battle lines with the Mitsotakis government
The measures, about to be announced, are designed to lure freelancers, farmers, pensioners and families back into New Democracy's electoral fold. Their timing also aims to give Prime Minister Kyriakos Mitsotakis room to call elections as early as January