
A few days before the unveiling of the so-called “TIF package” that will be announced on Saturday, September 10, by the Greek Prime Minister, Mr Kyriakos Mitsotakis, government officials state that no measures has been ‘sealed’ yet and many things will depend on next week’s developments. The prime minister and his economic staff want to have a, as much as possible, clear picture of the potential of the Greek economy as well as of the international developments in terms of energy cost and inflation.
Government sources said that Mitsotakis wants to have the best possible clear picture of the developments and, for this reason, the “TIF package” may be finalised only a few hours before his speech at Thessaloniki International Fair (TIF).
The six key points that will determine the TIF package are:
– The Hellenic Statistical Authority (ELSTAT) will announce on Wednesday, September 7 the Greek economy’s growth for Q2 2022.
– Two days later, on Friday, September 9, the Hellenic Statistical Authority is expected to announce the inflation rate
-The Finance Ministry will have a clear picture of the public revenues in August
-The performance in tourism
–ECB‘s board will convene on Thursday on the inflation
-The road map of the interventions against the high energy cost will become clear this week with the European Commission appearing to be determined to put a halt to the absurdity of the uncontrollable rates.
All the above will form an environment in which the Prime Minister will move, as he has stated, with guideline that the “resources are not inexhaustible”.


Latest News

Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region