Why Greek bonds shine today
The yield spread of their 10-year bonds with the German 10-year bunds has fallen below 1%.
Improving the taxation on salaries
From 2020 to 2024, the average salary in Greece – as reflected in the statistics of the “Ergani” system – increased by 28%. During the same period, however, income tax skyrocketed by 118%.
Budget on track after first five months
The Ministry of National Economy and Finance estimates that the budget is on track to achieve the goals of the updated medium-term program, for a primary surplus of 3.2% of GDP, based on the January-May execution data released on Monday.
‘As the daughter of a migrant, I know…’
As the child of Greek migrants to the United States, California Lieutenant Governor Eleni Kounalakis is particularly sensitive on immigration issues.
Greek mafia trial begins
An appeals court began proceedings Monday against nine suspects from former Soviet Union states accused of operating a criminal organization dubbed the “Greek Mafia.”
EastMed pipeline project still ‘possible’
Former US deputy national security adviser Victoria Coates, who served in the first Donald Trump administration, does not rule out the possibility that Washington will revive the EastMed pipeline project.
Energy transition in East Med and Southeast Europe
Greece’s location at the crossroads of Europe, Africa and the Middle East, and its role as a gateway to the European markets, will be highlighted during a conference on energy transition in the Eastern Mediterranean and Southeast Europe, which Kathimerini is co-organizing with the Financial Times in Vouliagmeni, southern Athens, on Tuesday and Wednesday.
PM to focus on growth in a third term
Prime Minister Kyriakos Mitsotakis has long announced he wants to stand for a third term in national elections expected to take place in 2027. In early September, during the economic policy speech he will deliver at the Thessaloniki International Fair, he will make higher growth the theme of his third term in office – if…
Tourism accounted for 13% of Greek GDP last year
Tourism revenues for 2024 amounted to 21.7 billion euros, an increase of 5.4%.