Why Labour Is Still So Expensive in Greece — And Why Overtime Is Getting Cheaper

AI Takeaways Indirect labour costs remain one of the most significant — and least transparent — burdens on employment. They raise the cost for businesses, act as a disincentive to hiring, and are not immediately felt as income by workers themselves. Somewhere along the way, this burden seems to “disappear”. Unsurprisingly, market-oriented voices have long … Περισσότερα

Greece’s Debt Path: Why 2026 May Be the Last Easy Year

AI Takeaways Greece’s Public Debt: Why 2026 May Be the Last Easy Year The first sovereign debt issuance of the year — a €4 billion 10‑year bond — offers a timely opportunity to draw some relatively straightforward conclusions about the trajectory of Greek public debt. Beyond the technically impressive and largely understated active debt management … Περισσότερα

Greece’s Farmers at Breaking Point as Protests Reveal a Sector in Decline

Greece’s Farmers at Breaking Point as Protests Expose a Sector in Decline Road blockades have now been in place for nearly 50 days, with farmers, livestock breeders, fishermen and beekeepers warning that they are approaching the “edge of collapse”. Their message is blunt: Greece’s primary production sector is under sustained and growing pressure, with mounting … Περισσότερα

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

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