
Greek Prime Minister Kyriakos Mitsotakis, who faces a no confidence vote in Parliament on Friday evening, a day earlier continued in «campaign mode» by reminding under his government Greece now retains among the highest growth rates in Europe and is one step away from a coveted investment grade for borrowing.
Mitsotakis spoke to a partisan rally from the large island of Crete and specifically from its largest city, Irakleio, which for decades has been a «soft spot» for his ruling New Democracy (ND) party.
With a general election to be held in the first half of this year, Mitsotakis cited both liberal and more social democrat policies, saying property taxes and social security contributions are being lowered, while the minimum wage and pension rates will be increased.
He also promised that «targeted» support measures, essentially one-off welfare payments to lower-income or at-risk groups, will continue.
Turning momentarily to foreign policy issues, the Greek premier dismissed the latest bellicose rhetoric emanating out of Turkey, warning that «every raid can be transformed into a disorderly retreat», using a Turkish derivative known in Greek as «yurusi» for raid.


Latest News

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

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread