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
EY's 2026 barometer finds Greek entrepreneurs investing in growth, but held back by red tape, talent, and cost
The finance ministry calls it social dialogue. In practice, the consultations it began last weekend in Heraklion, Crete, look a good deal more like a pre-election campaign prep. The target audience is the country’s self-employed professionals, a large portion of the active population that includes everything from physicians and civil engineers to craftsmen and independent […]
A Deutsche Bank study finds the capital ranks near the bottom for livability despite rising costs
Foreign workers, once 8.2% of the workforce in 2008, now make up roughly a third of that share
Investment and strong public finances keep Greece ahead of the eurozone, even as a Middle East energy shock and stubborn structural weaknesses cloud the outlook for households and businesses
While most of Europe eases its dependence on consumption taxes, Greece has gone the other way, posting the bloc's steepest rise in VAT's share of revenue over the past decade, a shift that lands hardest on ordinary shoppers
The Hellenic Fiscal Council warns that Greece still carries the EU's largest debt load, spends as much on interest as on defense, and faces costlier market borrowing as cheap bailout loans are repaid through 2070.
The Hellenic Fiscal Council's spring report trims 2026 growth to 1.9% and raises its inflation forecast to 3.2%, citing energy costs, weaker exports and the winding down of EU recovery money as drags on household spending power
Greece’s finance ministry is preparing several versions of its autumn economic package rather than one, uncertain how much fiscal room it will have and working with far less than in recent years. Those measures are traditionally set out at the Thessaloniki International Fair (TIF), where the prime minister lays out the government’s economic priorities for […]