ECONOMY


Primary surplus of 4.5 bln euros
ECONOMY

Greece’s primary surplus stood at 4.498 billion euros in the first quarter of 2025, compared to a target of €616 million and a primary surplus of €2.987 billion during the same period in 2024, according to the state budget execution data, on a modified cash basis.

EU sets duties on Chinese construction machinery
ECONOMY

The European Commission said on Monday it had imposed duties of up to 66.7% on imports of Chinese machines that lift construction workers after concluding that the producers were benefiting from unfair subsidies and selling at artificially low prices.


PM wooing youth and pensioners
ECONOMY

Facing sliding support among younger voters, Prime Minister Kyriakos Mitsotakis last week unveiled new financial support measures targeting renters and pensioners, key groups identified through recent focus groups conducted by his administration

Xenophobia is bad for the economy
OPINION

Appointing Makis Voridis as head of the Migration and Asylum Ministry was one of the most striking elements of the recent cabinet reshuffle. The new minister already has a rich resume for his (anti-)immigration policy, albeit from a different position: As interior minister from 2021 to 2023, he was responsible for, among other things, legislation pertaining to citizenship procedures.


PM: Surplus fiscal revenues for permanent support measures
ECONOMY

Surplus fiscal revenues generated by economic growth and the fight against tax evasion are being returned to society through permanent support measures, rather than one-off handouts, Prime Minister Kyriakos Mitsotakis announced on social media Sunday. 




Pierrakakis: ‘The return to fiscal health has been hard-earned’
ECONOMY

In an interview with the Atlantic Council’s Joshua Lipsky on the sidelines of the IMF Spring Meetings, Greek Finance Minister Kyriakos Pierrakakis underscored how far the country has come from being at the center of the eurozone crisis to now emerging as a bright spot in Europe’s otherwise uncertain economic landscape.

Weak government
OPINION

There is widespread belief that things are not going well in Greece. Polls consistently show that only 13 out of 100 people assess the conservative government’s economic policy positively.

FinMin sends message of recovery from IMF Spring Meetings
ECONOMY

Fifteen years to the day since Greece entered its first IMF bailout program, Finance Minister Kyriakos Pierrakakis addressed the institution that once symbolized economic hardship and painful austerity. This time, the message was one of recovery, resilience and reform.