New parties are adding to the mix as Prime Minister Kyriakos Mitsotakis grapples with a cost-of-living crisis ahead of a key vote due next year.
Tourists pass the parliament building in Athens, Greece, on Thursday, Sept. 7, 2023. DBRS Morningstar is set to update its assessment on Friday, with markets expecting it will join Scope Ratings and Rating and Investment Information Inc. in placing Greece at investment level.
Former Greek Prime Minister Alexis Tsipras announced the formation of a new party, adding to the country’s fragmented political landscape as it enters an election year.
Former Greek Prime Minister Alexis Tsipras announced the formation of a new party, adding to the country’s fragmented political landscape as it enters an election year.
Alexis Tsipras, former Greek prime minister, during the launch of the Elas party in Athens on May 26.
The European Central Bank must avoid an excessively restrictive approach that could further burden economic activity and investment, according to Governing Council member Yannis Stournaras.
The European Central Bank must avoid an excessively restrictive approach that could further burden economic activity and investment, according to Governing Council member Yannis Stournaras.
Yannis Stournaras, governor of Bank of Greece, during a Bloomberg Television interview in London, UK, on Friday, June 6, 2025. The European Central Bank should take a break from lowering interest rates to give officials a chance to assess recent shocks, particularly from trade, according to Stournaras. Photographer: Jaimi Joy/Bloomberg
The European Central Bank must avoid an excessively restrictive approach that could further burden economic activity and investment, according to Governing Council member Yannis Stournaras.
The European Central Bank must avoid an excessively restrictive approach that could further burden economic activity and investment, according to Governing Council member Yannis Stournaras.
Yannis Stournaras, governor of Bank of Greece, during a Bloomberg Television interview in London, UK, on Friday, June 6, 2025. The European Central Bank should take a break from lowering interest rates to give officials a chance to assess recent shocks, particularly from trade, according to Stournaras. Photographer: Jaimi Joy/Bloomberg
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
Yannis Stournaras, governor of Bank of Greece, speaks at the European Central Bank (ECB)'s International Women’s Day 2026 Conference in Frankfurt, Germany, on Monday, March 2, 2026. ECB President Christine Lagarde said last week that policymakers must keep an eye on still-elevated perceptions of inflation.
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Thursday, Sept. 12, 2024. The European Central Bank lowered interest rates for the second time this year with inflation receding toward 2% and concerns about the economy building.
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
Yannis Stournaras, governor of Bank of Greece, speaks at the European Central Bank (ECB)'s International Women’s Day 2026 Conference in Frankfurt, Germany, on Monday, March 2, 2026. ECB President Christine Lagarde said last week that policymakers must keep an eye on still-elevated perceptions of inflation.
French President Emmanuel Macron said the European Union’s Covid-era debt should be rolled over and the bloc should issue new bonds, making the case for flexibility during “extraordinary times.”
French President Emmanuel Macron said the European Union’s Covid-era debt should be rolled over and the bloc should issue new bonds, making the case for flexibility during “extraordinary times.”
Prime Minister of Greece Kyriakos Mitsotakis speaks with French President Emmanuel Macron, during the Greece-France Economic Forum in Athens, Greece, on Saturday, April 25, 2026.
France and Greece renewed their defense pact, shoring up their alliance at a time when European nations seek to further boost their deterrence strategy.
France and Greece renewed their defense pact, shoring up their alliance at a time when European nations seek to further boost their deterrence strategy.
Emmanuel Macron, France's president, center, speaks with Kyriakos Mitsotakis, Greece's prime minister, right, during a visit of Greece's new French-built frigate "Kimon" at the port of Piraeus near Athens on April 25, 2026. Following a devastating decade-long sovereign debt crisis, Greece has been gradually returning to normalcy, pursuing fiscal discipline and restoring its sovereign debt credit rating.
Two European Central Bank officials said it’s too soon to lift borrowing costs this month as the full consequences of the Iran conflict remain unclear.
Two European Central Bank officials said it’s too soon to lift borrowing costs this month as the full consequences of the Iran conflict remain unclear.
Yannis Stournaras, governor of Bank of Greece, speaks at the European Central Bank (ECB)'s International Women’s Day 2026 Conference in Frankfurt, Germany, on Monday, March 2, 2026. ECB President Christine Lagarde said last week that policymakers must keep an eye on still-elevated perceptions of inflation.
Two European Central Bank officials said it’s too soon to lift borrowing costs this month as the full consequences of the Iran conflict remain unclear.
Two European Central Bank officials said it’s too soon to lift borrowing costs this month as the full consequences of the Iran conflict remain unclear.
Yannis Stournaras, governor of Bank of Greece, speaks at the European Central Bank (ECB)'s International Women’s Day 2026 Conference in Frankfurt, Germany, on Monday, March 2, 2026. ECB President Christine Lagarde said last week that policymakers must keep an eye on still-elevated perceptions of inflation.
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
France and Greece are set to renew their defense pact next week as the European nations seek to further shore up their deterrence strategy.
French Defense Minister Catherine Vautrin and Greek Defense Minister Nikos Dendias give a press conference during their visit at Greece's new French-built frigate at the Salamina naval station near Athens, on Jan. 29.
The Greek government proposed the renewal of the term of Yannis Stournaras at the helm of the Bank of Greece, in an appointment that would make him one of the longest-serving governors in the euro area.
The Greek government proposed the renewal of the term of Yannis Stournaras at the helm of the Bank of Greece, in an appointment that would make him one of the longest-serving governors in the euro area.
Bank of Greece Governor Yannis Stournaras Photographer: Jaimi Joy/Bloomberg
The Greek government proposed the renewal of the term of Yannis Stournaras at the helm of the Bank of Greece, in an appointment that would make him one of the longest-serving governors in the euro area.
The Greek government proposed the renewal of the term of Yannis Stournaras at the helm of the Bank of Greece, in an appointment that would make him one of the longest-serving governors in the euro area.
Bank of Greece Governor Yannis Stournaras Photographer: Jaimi Joy/Bloomberg
Greece probably outperformed key fiscal metrics for 2025 by at least one percentage point of output, offering leeway for aid to voters facing a souring economy, people familiar with the matter said.
Greece probably outperformed key fiscal metrics for 2025 by at least one percentage point of output, offering leeway for aid to voters facing a souring economy, people familiar with the matter said.
Shoppers on a busy Ermou street in Athens. Photographer: Ioana Epure/Bloomberg
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