Greek Prime Minister Kyriakos Mitsotakis is about to unveil an economic support package aimed at alleviating a cost of living crisis as he lays out his broader economic agenda ahead of next year’s national elections.

Greece plans to repay about €13 billion ($15.1 billion) of debt ahead of schedule in 2026 as it seeks to lower its stock of borrowing below that of Italy by year-end, according to a person familiar with the matter.

Life isn’t what it used to be as a squeeze on household incomes increasingly makes long beach vacations a relic of a more prosperous past.  

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.

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.

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.

Greece is looking into repaying even more of its bailout loans ahead of schedule this year, a person familiar with the matter said.

Greece is looking into repaying even more of its bailout loans ahead of schedule this year, a person familiar with the matter said.

Greece is looking into repaying even more of its bailout loans ahead of schedule this year, a person familiar with the matter said.

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.

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.

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.”

France and Greece renewed their defense pact, shoring up their alliance at a time when European nations seek to further boost their deterrence strategy.

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.

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.