Despite a record-breaking start to 2026, with arrivals up 38.5% and revenues up 70.7% in January-February, Greek tourism faces growing uncertainty from Middle East tensions, rising costs, and a shrinking booking window
With €1.2 billion in fiscal space unlocked by a better-than-expected 2025 surplus, Greece is weighing business tax cuts and further household relief ahead of a major government announcement in Thessaloniki this September.
Greece has now received a total of 24.6 billion euros from the fund—equivalent to 68.5% of its overall allocation—marking steady progress in the implementation of its national recovery plan.
Government hints at possible economic support for households as officials await surplus data, with announcements potentially imminent if fiscal conditions allow.
A stronger-than-expected 2025 surplus opens fiscal space. Athens is considering targeted relief, pending EU talks and energy developments.
Rising energy costs are driving budget revisions across Europe, with Greece already adjusting growth forecasts while households face mounting pressures.
Heavy reliance on Gulf fuel imports leaves Greece exposed to rising energy costs and supply disruptions, while shipping risks and global trade shifts amplify economic pressure
Higher spending narrows the headline surplus, though a stronger primary balance points to underlying fiscal stability.
Key data releases, international meetings and rating reviews in the coming days are set to shape the country’s economic outlook amid global uncertainty and rising pressures
The Greek government is preparing to take stock of the country’s fiscal firepower after the Easter holiday. The ongoing conflict in the Middle East has stoked fresh concerns about energy costs and consumer prices, while existing relief measures are increasingly fall short of what households need. However no new decisions will be made before Finance […]
According to a report by the Organisation for Economic Co-operation and Development (OECD), low innovation and the slow adoption of technology by businesses are additional problems
Despite the symbolic importance of the upgrade, Greece’s estimated weighting in developed market indices is expected to remain modest, at around 0.05% to 0.08%.
Inflation is forecast to rise to around 3.0% in 2026, largely due to higher energy prices linked to geopolitical tensions.
Central bank governor warns that geopolitical tensions and the war in the Middle East are set to slow Greece’s economic momentum in 2026, with weaker consumption and external pressures weighing on growth and inflation trends
All economic data and forecasts, ranging from international institutions to credit rating agencies, local authorities, and financial pundits, presented a sanguine narrative for the Greek economy in 2026. However, the protracted conflict in the Middle East has upended these optimistic projections, which anticipated economic growth to hover upward of 2% in 2026, with Greek authorities even […]
Rising energy costs and prolonged geopolitical uncertainty are weighing on Greece’s outlook, with inflation risks, slower growth and structural weaknesses shaping assessments by global lenders and rating agencies.
Tourism and shipping carry significantly greater weight in the economies of Greece and Cyprus compared with most other European Union countries
The wage increase lifts nominal pay for 700,000 workers, but faster-rising energy, housing and food costs, weak purchasing power and pressure on businesses mean much of the gain is quickly absorbed, limiting its impact on real incomes.
Morningstar DBRS has left its forecast for Greece’s economic growth in 2026 unchanged at 2%, despite heightened geopolitical uncertainty, while slightly trimming its 2027 outlook to 1.8%. In an update to its baseline macroeconomic scenarios, the ratings agency said the projections reflect current market consensus, drawing on the median estimates of a broad range of […]
The Motor Oil Group announced adjusted EBITDA of €1.2 billion — and a generous dividend of €1.75 per share