The Greek government has decided to give increased public visibility to its 2025 record and…
Tag: reforms
Bank of Greece Governor Yannis Stournaras forecasts an “investment boom” that will raise investments to…
Moody’s reaffirmed Greece’s Baa3 rating with a stable outlook on September 19, 2025, citing sustained reforms, improved governance, and robust EU fund absorption. Despite a high debt-to-GDP ratio, favorable debt structure and liquidity bolster economic stability.
The EU has slashed Ukraine’s latest €4.5B aid tranche to €3.05B, citing slow progress on reforms, including judicial appointments and ARMA restructuring. Amid concerns over corruption and NABU/SAPO independence, Ukraine has 12 months to unlock the withheld €1.5B as war costs mount.
In a landmark cabinet meeting, Greek Prime Minister Kyriakos Mitsotakis announced sweeping reforms to enhance daily life, including a new National Authority to combat inflation and stricter migration policies. Addressing the Organization of Greek Agricultural Payments (OPEKEPE), he vowed to restore fairness, stating, “When a Gordian knot cannot be untied, it must be cut.” Commemorating Greece’s 1979 EU accession, Mitsotakis outlined a vision for a safer, more transparent Greece by 2030.
The KKE criticises the PASOK government’s decision to join the EU-IMF support mechanism, arguing that it ultimately imposed harsh reforms that burdened workers, pensioners, and low-income groups.
European Central Bank policymaker Yannis Stournaras warned that rising inflation driven by U.S. tariffs could delay the ECB’s plans to normalize monetary policy. While Greece may face limited direct impact, broader global trade disruptions could affect exports and investor confidence.
“Greek Prime Minister Kyriakos Mitsotakis called for a unified EU response to Donald Trump’s tariffs during a meeting of the Governmental Economic Policy Council on April 07, 2025. ‘Greece is ready to face these challenges while staying on the path of fiscal stability,’ he declared, emphasizing the need for solidarity among the 27 member states to protect the nation’s economy amid global trade uncertainties.”
The Greek government has implemented a series of significant reforms and investment initiatives aimed at enhancing the country’s economic momentum and improving citizens’ lives. Key developments include the reduction of banking fees, healthcare improvements, the launch of new educational facilities, and strategic foreign investments. Additionally, new legislation to combat violence against women and targeted employment programs have been introduced to promote social well-being and economic sustainability.
The Greek economy is set to grow by over 2% annually through 2026, fueled by EU funds and employment gains, according to an OECD report. While highlighting Greece’s recovery from its debt crisis, the OECD urged further reforms to enhance investment, competitiveness, and tax policy. Prime Minister Kyriakos Mitsotakis emphasised the nation’s progress in job creation and rising wages, while pledging continued reforms under Greece’s stable government.
The European Commission has disbursed €998.6 million in grants to Greece under the Recovery and Resilience Facility (RRF). This fourth payment is based on Greece’s progress in implementing reforms and investments, including improvements to the justice system’s digital infrastructure, boosting renewable energy production, and enhancing fire prevention and reforestation efforts. The total value of Greece’s recovery plan amounts to €35.9 billion in grants and loans.
Athens, Greece – In a speech during the swearing-in ceremony of a new class of…
Prime Minister Kyriakos Mitsotakis emphasised that the government’s interventions aim to immediately improve citizens’ daily lives by addressing long-standing issues. During a cabinet meeting, he highlighted positive trends in inflation and supermarket prices, reaffirmed the government’s commitment to consumer protection in the electricity market, and discussed significant reforms in education and legal transparency.
Prime Minister Kyriakos Mitsotakis convened a meeting of Greece’s new Cabinet at the Maximos Mansion, emphasizing a dynamic restart after recent elections. He outlined priorities including tackling price hikes, improving public services, and driving reforms to build a stronger Greece by 2027. Mitsotakis also addressed upcoming European challenges and the importance of effective coordination among Ministries and MEPs.
Prime Minister Kyriakos Mitsotakis emphasized the importance of Greece’s strong voice in Europe during an interview with ANT1 TV. He discussed various topics, including the significance of Greece’s role in European decision-making, the new wave of populism, and his government’s achievements and future plans.
In a remarkable development, Greece, Spain, and Portugal have emerged as the leaders of economic…
The 15th Congress of New Democracy (ND) continued on Saturday, marking the 50th anniversary since…
A recent Reuters report suggesting a preliminary agreement between Athens and the institutions to conclude…
Addressing the EU-Arab World Summit “Partners for Growth and Development: Prospects of the Greek economy…
