Παρασκευή 23 Φεβρουαρίου 2024
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greek economy

Editorial To Vima: A crisis one hopes to avoid

Amidst the generalised uncertainty in the global economic confluence of events – and the uncertainty caused by Greece’ three-month electoral campaign - last thing one wants is turbulence in the financial system.

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Editorial Ta Nea: Hinge

The necessary expansion and improvement of the basket of products for which price increases will be eliminated or limited over the holidays is a measure that offers care and support for families.

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Editorial To Vima: From the big picture to the small one

The war and its accompanying crises are testing the endurance of governments, which are obliged to manage galloping inflation, the decline in citizens’ income, and growing inequalities.

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Editorial Ta Nea: Economic prospects in 2023

Despite the imponderable factor of external challenges and high inflation, growth projections facilitate a broad spectrum of reforms that could improve the lives of citizens.

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Editorial: ‘Italianisation’

The only response to new challenges and to those who would like to see precarious conditions and new experiments in our country is for the government to serve out its four-year term.

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Editorial To Vima: A country betrayed

Mr. Mitsotakis has a duty to tell the whole truth about the raging EYP surveillance scandal and to allow the judiciary, unhindered, to conduct an in-depth investigation.

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Editorial Ta Nea: Political stability

Rumours of snap elections over many months, for which the opposition is mainly responsible, had led many ministers to neglect their jobs and focus on their re-election campaigns.

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Editorial Ta Nea: Caring for the middle class

Under the previous government, the middle class was battered by heavy taxation that was part of a class-based bias. Today, its protection must be a top priority.

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Editorial To Vima: The Greece we deserve

We are living in an unstable period in terms of geopolitics, energy, and the economy. There is global insecurity and uncertainty, and there is no end in sight with the war in Ukraine

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Editorial Ta Nea: Alliance

The Draghi-Mitsotakis meeting was important because the Italian PM and former ECB president has a prominent position in the architecture of the EU.

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Editorial To Vima: The crisis and the risk

As the war in Ukraine continues, one may well see the establishment of a permanent economic crisis chain, with severe pressures on Greece and all of Europe.

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Editorial: Breakthroughs

The imminent end of the EU's enhanced fiscal supervision cannot be interpreted as an opportunity to loosen fiscal discipline or backtrack on collective objectives.

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Editorial Ta Nea: The dynamic of the Greek economy

In the current quarter, despite an initial positive dynamic in the tourism sector, inflationary pressures and skyrocketing petrol prices already pose a great danger,

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Editorial Ta Nea: It is high time for reforms

Despite the raging war in Ukraine and its impact on all of Europe, reforms must be implemented swiftly in all areas, especially ones delayed for years.

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Editorial To Vima: Do it like Crete!

The most vulnerable social groups are being battered by price hikes and a looming recession, and inflation is sapping the income of citizens in lower income brackets.

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Editorial Ta Nea: Bolstering the Greek tourism sector

Projections so far regarding how Greece’s summer tourist season will fare, despite difficult economic conditions and the war in Ukraine, suggest that it will return to pre-pandemic levels.

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Editorial Ta Nea: Nose to the grindstone

Greece, like the rest of the planet, is facing successive crises that create a protracted period of uncertainty for which everyone – society and the political system – must be suitably prepared.

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Editorial Ta Nea: Capabilities and energy independence

With a plan combining gas extraction with the green economy that will be attractive for companies, the entire mix will be ideal and will obviously upgrade Greece geopolitically.

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Editorial To Vima: Land, wind, sun, and sea

It is up to us – the Greek people and the country’s political and economic leadership - to honour and exploit to the greatest degree possible Greece’s natural resources.

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Editorial Ta Nea: No turning back

The responsibility for dealing with the current economic situation is not only Greek, but also EU-wide, as during the years of the pandemic the Union appeared to comprehend that harsh fiscal rules are not always a prescription for success.

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Editorial Ta Nea: An explosive cocktail

the leadership of the finance ministry and of the entire government must avoid any imprudent expenditure and readjust its economic policy, which must be guided by the durability of choices and fiscal discipline.

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Editorial: The only antidote

The current government, which came to power in 2019, was not able to implement its electoral platform, as the public health crisis that ensued and its negative impact disorganised everything.

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Editorial Ta Nea: Whatever is necessary

A breather through tax cuts for the middle class is necessary. That is not only because it was a central plank in the government’s electoral platform, but also because it is yet another way to support labour.

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Editorial: A different image of Greece

There is also a more optimistic and dynamic picture of our country, exemplified by the arrival of JP Morgan CEO Jamie Dimon in Greece, in the context of the purchase of a stock package of a Greek advanced technology company.

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Editorial To Vima: The burden of inflation

In our country, what is exceptionally problematical is the explosive rise in the price of natural gas (135 percent), electricity (45 percent), and heating fuel. They comprise an extremely sensitive whole that can trigger a new inflationary cycle.

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Editorial Ta Nea: Obligations

SYRIZA’s spokesman reiterated proposals for a minimum wage hike, lowering the special consumption tax, and intervention in the pricing of the Public Power Corporation (PPC) in order to stem inflation.

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Editorial To Vima: Let those in charge beware

To the extent that monetary policy changes in order to manage the possible consolidation of inflationary pressures, the Greek economy will confront additional difficulties – funding and others.

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Editorial Ta Nea: Alarm bell

Inflation, either in basic goods or energy, creates a chain reaction of repercussions in the entire economy, decreasing consumption, and aggravating the situation for already burdened businesses.

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Editorial To Vima: Despite it all, we can be optimistic

In Greece and internationally, the huge surge in infections has not for the time being been accompanied by a corresponding spike in hospitalisation, intubation, or deaths, or by additional pressure on the National Health System.

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Editorial To Vima: The year in review, an accounting

At the beginning of 2021, all those involved in managing the public health crisis had the illusion that the COVID-19 pandemic was coming to an end and that everything would be better by summer.

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Editorial Ta Nea: The Leopard

The lessons gleaned from the pandemic will be a valuable guide for the new German chancellor in bolstering the health system, restoring the role of the state, and revising the content of work.

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Editorial Ta Nea: Strategy

The government has proven in a variety of sectors that it has the necessary reflexes and that it can create a useful combination of the lessons of the pandemic with long-term planning.

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Editorial Ta Nea: Confirmation

Even devoted readers of the major European news outlets, that have reflected Greece’s improved image, did not expect such a positive reception of the Greek “brand” by the incoming German finance minister.

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Editorial Ta Nea: Expediting justice

A flexible, extremely swift, and stable justice system contributes to building a state that can more easily attract investment. It helps improve the state's relationship with companies and citizens.

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Editorial To Vima: Even belatedly

Public health restrictions were necessary. When one has 6-7 thousand daily infections, when hundreds of patients are filling hospitals nationwide, and when dozens are dying daily, one has no other choice.

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Editorial Ta Nea: Wager

The government must take measures for the positive macroeconomic picture to have a positive impact on household budgets, because success lies not in economic reports, but rather in the prosperity of society.

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Mitsotakis promises two successive minimum wage hikes in 2022

Certainly, the minimum wage is an extremely important issue. A two percent rise as of 1 January, 2022 has already been decided, and I am determined that go ahead with a second increase of the minimum wage.”

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Editorial Ta Nea: Strict enforcement of public health measures

It is an issue of individual and collective responsibility, but also of social cohesion, for those who espouse irrational theories and expect to enjoy the privileges of vaccinated citizens to understand that this cannot continue..

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Editorial To Vima: Serious and well-structured leadership

It is necessary to remain steadfast on the difficult path of reforms and major structural changes in the state and its enterprises, so that the economy can regain its proper place and investment grade in international markets and attract investment .

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Editorial Ta Nea: Opportunity

Greece's strategy of alliances should be a model in the immediate future as we confront the energy crisis, the terms of the recovery of societies, and continuous violations by Ankara both of Greece’s rights and of human rights in Turkey.

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Editorial Ta Nea: Contributing to society

Projections indicate that by 2100 the EU will have 30 million fewer citizens and that it will likely not have enough workers for its hospitals, hotels, and factories. Hence, states will not easily come up with the funds needed to pay pensions.

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Mitsotakis’ presents liberal democratic political credo

The PM reiterated his core belief in the need for tertiary education to be linked to the labour market, so that graduates may more easily find employment and in order to boost the competitiveness of the economy.

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Editorial Ta Nea: Lessons

Precisely because Greek economic growth remains exceptionally fragile and is inextricably linked to developments abroad, which are often unexpected, the government has a duty to plan its moves extremely carefully, especially as regards the disbursement of money.

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Editorial To Vima: The battle can be won

More rational citizens realised that the vaccines are effective, defeated fears, and greatly limited the prospect of grave illness from COVID-19. All around the world, vaccinated people feel more secure and free to move and act.

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The political system urgently needs a plan for Greek youth

They want to build a future and keep coming up against obstacles – distrustful employers, a state that does not help, and patronage networks comprised of acquaintances, family, and connections

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Editorial Ta Nea: Reforms

It is not the role of the opposition to constantly agree with the government. Yet, every time it battles against the essence of a necessary, long-delayed reform, nobody wins, not even the party that momentarily benefits.

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Editorial To Vima: The responsibility of banks

The post-pandemic period is indeed one of rebirth. Greece, more injured than any other country due to the preceding decade-long economic crisis, has the preconditions for the desired leap forward.

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Redistributing wealth, power in a just society

If we want power to become more independent (at least from big capital) and more effective in meeting the demands of society, then we must decentralise.

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Labour and economic growth: The difficult equation

They survived an exceptionally difficult decade with protracted periods of unemployment, wage cuts, hunting for the cheapest supermarket products, and moving into smaller homes.

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Editorial To Vima: Beyond all expectation

Obviously, political developments will be dynamically affected. Nothing will be the same after this summer. Those who still peddle disaster scenarios are by all appearances off the mark. They must re-evaluate their stance and behaviour.

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Editorial Ta Nea: Model

In view of the upcoming tourist season and a new sense of normalcy, the PM’s visit to the Dodecanese island of Astyplaaia yesterday could well serve as a trailer to promote Greece in the coming period.

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Editorial Ta Nea: Front-and-centre

If the vaccine rollout continues at the current pace, thirty-somethings will be a step closer to normalcy and can effectively lure the rest of society in the same direction so as to build a wall of immunity.

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Editorial Ta Nea: Economic prospects

An economic boost can be achieved in the capital - with a nationwide ripple effect, through the six redevelopment projects, most of which have been included in the “Ellada 2.0” plan, that the government has announced.

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Editorial Ta Nea: Hope

Prime Minister Kyriakos Mitsotakis and his cabinet yesterday reviewed the government’s National Recovery Plan that is about be submitted to the European Commission for approval so that Greece may receive its share – 32 billion euros – of EU Pandemic Recovery Fund monies.

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Editorial To Vima: Irrational civil wars

There should have been a heavier schedule of routes in mass transit and demonstrations and a public backlash should not have been encouraged.

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Editorial Ta Nea: One year later

One of the most important lessons from the pandemic, as the PM put it in an article of his that Ta Nea has published today, is the valuable, decisive, and irreplaceable role of the state.

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Editorial Ta Nea: Commitments

State organisations, services, and elected officials were passing the buck between them by exploiting the diachronic dysfunction of overlapping jurisdictions.

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Editorial To Vima: Fundamental public goods

In general, electrical grids that do not incorporate competitive elements and characteristics obviously need public care and public funding as private funding is unavailable.

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Editorial Ta Nea: Pending issues

It is well known that long after a citizen retired he or she was up in the air without money, awaiting payment, and making great sacrifices. That reality did no honour to a civilised society.

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Editorial Ta Nea: Certificate

Before the summer season trips in Greece should be feasible and absolutely safe both for visitors and tourism workers and all other citizens.

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Editorial To Vima: A new national plan

Tourism and related economic sectors for example will not be freed up nor will they have a shot at quick recovery at 2019 levels, as most had expected.

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Editorial Ta Nea: Sisyphus

The example of Portugal and the threat of a third wave are very much with us and jeopardise the enormous efforts made by societies so far.

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Παρασκευή 23 Φεβρουαρίου 2024