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.
EU ministers rule out fiscal flexibility despite rising energy costs, forcing countries like Greece to rely on limited national budgets as inflation risks intensify
Eurozone finance ministers hold emergency talks as oil tops $100, driving up costs for households and businesses and raising concerns over a new inflation cycle and the bloc’s ability to respond in time.
Policymaker signals possible rate hikes as oil and gas volatility linked to geopolitical tensions threatens inflation across the eurozone
Across the euro area, annual inflation stood at 1.9% in February 2026, up from 1.7% in January and in line with Eurostat’s preliminary reading.
Rising commodity prices and oil volatility are forcing Greek companies and officials to reassess budgets and prepare contingency measures as the Middle East conflict clouds the economic outlook.
Geopolitical tensions and rising energy costs are reshaping Greece’s wage debate as the government considers a smaller increase to the minimum wage, while a new sector-wide labor agreement signals a potential revival of collective bargaining.
Yannis Stournaras says the European Central Bank should keep its options open as the Iran conflict adds fresh uncertainty to the inflation outlook and threatens Europe’s fragile growth.
Eurozone inflation eased to 1.7% in January 2026, while consumer prices in Greece fell month over month, according to final data from Eurostat. Services remained the main driver of price pressures across the euro area
With a new increase set for April 1, 2026, most institutions back a moderate rise that would lift the gross monthly minimum wage to about 915 euros, as the government keeps its sights on 950 euros by 2027.
IOBE's latest quarterly report on the Greek economy points to stronger growth, falling unemployment and rising investment, while warning that global uncertainty, structural weaknesses and pressure on household incomes continue to cloud the outlook
Across the European Union, Cyprus posted the lowest inflation at just 0.1%, while France recorded 0.7%, Italy 1.2%, and Finland 1.8%.
Mitsotakis outlined plans on rising prices, housing support, farmer compensation, transport pressures, energy deals, and a sea-drone partnership with Ukraine
Fresh data show Greece’s inflation rate easing to 1.6% in October, driven by lower increases in energy and services, though average inflation for 2025 remains above the eurozone.
With €2.5 billion in wage hikes, bonuses, and tax cuts, Greece is loosening its purse strings to ease household strain — cautiously, and amid widespread discontent with government performance
Food, rent, and hospitality costs pushed prices higher in Greece in October, while olive oil prices dropped sharply, according to ELSTAT’s latest inflation data