economy

Greece’s Budget Is Thriving — But Inflation Is Paying the Bill

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Greece’s Budget Is Booming. So Why Do Households Feel Poorer? On paper, Greece’s public finances have rarely looked better. The latest budget execution figures released this week paint an impressive—almost exemplary—picture for 2025. Tax revenues have hit record highs. The primary surplus is among the strongest in Europe. Cash balances have swung into unexpected surplus. … Περισσότερα

Greece’s Economic Comeback Is Real — But Built on Fragile Foundations

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Greece Is Growing Again — But on Borrowed Strength Greece is once again being hailed as a European success story. Growth rates outpace much of the eurozone. Bond yields have stabilised. The bailout era feels firmly in the past. But beneath the surface of the macroeconomic comeback lies an uncomfortable truth: Greece is growing, but … Περισσότερα

Russia’s Economy Faces New Oil Shock as Sanctions and War Costs Mount

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Russia’s Oil Dependence Faces New Risks as Global Supply Shifts For decades, crude oil has been the central pillar of Russia’s economy, outweighing even its once-lucrative natural gas exports to Europe. That dependence is now under renewed pressure as concerns grow over a potential fall in global oil prices, driven in part by US plans … Περισσότερα