Displaying items by tag: greek economy

Greece met the shock from the war in the Middle East with strengthened fiscal sustainability and financial stability, the International Monetary Fund said in its concluding statement following the Article IV consultation.

Significant changes to private sector wages are expected in Greece in 2026, with many employees set to see pay increases ranging from 15% to as much as 20%. The projected rise is linked to a government-backed effort to revive and expand collective bargaining agreements across a wider range of industries, alongside further increases to the national minimum wage.

From the podium of the 5th “Metropolitan Summit” in Thessaloniki, former Prime Minister of the United Kingdom, Boris Johnson, stressed the need to immediately stop the war in Ukraine and in this context emphasized that not enough pressure is being exerted on Putin, especially through economic sanctions.