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
The government is closing the chapter on Greece's Recovery Fund with a triumphant assessment, citing full absorption of the 35.95 billion euros allocated. Yet as the program reaches its formal conclusion, it is becoming increasingly clear that absorption alone cannot serve as a measure of success.
A six-month review by the Piraeus Chamber of Commerce and Industry estimates the conflict has added €1.5 billion in energy costs, €600 million in lost turnover and €500 million in transport and supply-chain costs
Development Minister Takis Theodorikakos said €510 million in state support will help fund projects worth about €1 billion and create more than 5,000 jobs, mostly in manufacturing and industry
Energy, fuel and food costs remain elevated as geopolitical tensions, supply-chain disruptions and a hotter-than-usual summer keep pressure on Greek households and businesses.
Greece’s prime minister said prices for basic foods have already fallen this month and highlighted a new national agreement on price reductions, alongside initiatives to lower the cost of school supplies
The prime minister took to social media to frame Greece's accelerated debt repayment as a generational achievement, even as budget data show the surplus funding came largely from taxes on workers and the self employed
PM adviser Michael Arghyrou tells Reuters that fire and heat damage now rank as a lasting fiscal risk, as Athens funnels new investment into water and energy systems in tourist regions
A new assessment estimates the conflict in the Persian Gulf has already cost Greece the equivalent of 0.9% of GDP, with higher energy prices, inflation, transportation costs and slower economic growth weighing on households, businesses and public finances
Budget data for the first half of 2026 show inflation has become one of Athens's most reliable revenue streams, leaving Greek households to foot a bill the state has no plan to lower before the Thessaloniki fair in September
After two years defending presumptive taxation as its main tool against tax evasion, Athens is preparing to soften the system for professionals and small firms as the Thessaloniki International Fair approaches, with elections on the horizon
The country’s fiscal position, the condition of its financial system, and the level of private-sector indebtedness have all improved substantially compared to the pre-crisis period