Greece's inflation stood at 4.9% in May, well above the EU average of 3.3% and the Eurozone rate of 3.2%, highlighting stronger price pressures.
The Athens Bakers' Guild is urging members to join a protest on Wednesday, June 17, at 7 p.m., gathering at Monastiraki Square
Greece is heading into the summer season with the strongest inflationary pressures seen in three years
The Paris-based organization points to the energy price shock from the Middle East conflict, warning that Greece's heavy reliance on imported fossil fuels leaves its economy exposed just as Recovery Fund investment begins to wind down.
Eurostat data puts Greece well above the eurozone average, with energy costs and services driving prices higher across the bloc ahead of a closely watched ECB decision next week.
A new ECB study finds that households scarred by repeated economic crises react more intensely to each new geopolitical shock -- and Greece is the starkest example of this pattern
New products, smaller packages and value meals are being rolled out to attract inflation-weary customers
With household costs rising sharply and inlfation surging partly because of the Iran conflict, Athens is weighing a package of fuel subsidies worth up to 200 million euros, to be announced before the end of next week.
Overall supermarket sales rose and online purchases jumped, but purchases connected with promotions fell
Eurostat data put Greece's annual inflation rate at 4.6% in April 2026, well above the EU average, as fuel, energy, and transport costs post sharp year-on-year increases.
Greece faces a downgraded growth outlook and a raft of critical Commission assessments on Thursday, as Middle East tensions, energy price pressures and post-recovery fund uncertainty cast a shadow over the economy
An emergency child benefit of €150 per child is set to be paid automatically into bank accounts by late June 2026, with no new application required
US indexes show marginal moves after a strong six-week run, as Trump rejects Iran's latest peace proposal and oil prices spike above $97 a barrel
Inflation in Greece climbed sharply in April, with steep rises in energy, fuel and basic food prices placing even heavier pressure on household budgets and the overall cost of living
Fuel, transport and food costs drove a sharp monthly spike, with diesel prices up 32.4% year-on-year and no relief expected in the months ahead.
Americans are turning to the tradition to stretch their dollars—and their buzz
Speaking at the Delphi Economic Forum, Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM): Oil & gas supply won't normalize quickly, inflation hits 3%, markets underestimate the crisis. Europe must accelerate, not abandon, its energy transition
Inflation rises as Greece continues to outpace the eurozone, exposing structural weaknesses in its energy-dependent economy. It also raises concerns that price pressures will prove more persistent, compounding the strain on households.
Supermarket inflation in Greece rose to 2.4% in March, on an annual basis, according to the Institute of Retail Consumer Goods (IELKA). The March index recorded a slight 0.15% drop compared to 1.38% in February, with the aggregate 12-month index (April 2025-March 2026) posting a +1.62% uptick. The highest prices recorded were observed in appetizers, […]
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.