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Archived edition · October 17, 2026 Today's news →

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Bonuses 💰

Mitsotakis promises new spending without election handouts

Prime Minister Kyriakos Mitsotakis returned from the EU summit with approval for his migration proposal but a deadlock on the bloc's budget. He immediately turned to domestic matters, floating potential increases for pensions and salaries alongside interventions in ferry services. He has characterized the plans as using fiscal reserves rather than the kind of populist handouts that usually precede a Greek election.

The domestic political mood remains combative. Alexis Tsipras has challenged PASOK over whether they intend to govern with the ruling New Democracy, while the opposition party has also entered a public row with the Hellenic Police. These maneuvers coincide with more somber news from Patras, where two women were found dead in separate incidents at apartment buildings, and a new wave of student allegations against a gym teacher in Voula.

A deputy minister has been referred for investigation over the Tempi train crash, though families of the 57 victims noted that a referral is not a conviction. Meanwhile, the maritime ministry announced that Greek and Japanese interests now control 32% of the global commercial fleet. In a country that has long looked to the sea for its wealth, the shipping industry remains a rare point of stability.

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EU Summit Outcomes and Domestic Economic Measures

The recent European Summit resulted in a green light for Greece's migration proposal, though the European budget negotiations encountered difficulties. Following the summit, Prime Minister Kyriakos Mitsotakis indicated preparations for new domestic measures concerning rent, salary, and pension increases, as well as potential interventions in ferry services, while emphasizing a cautious approach to avoid economically destabilizing 'handouts' prior to elections.

Political Challenges and Confrontations

Alexis Tsipras, founder of the Greek Left Alliance, issued a challenge to PASOK regarding potential future co-governance with New Democracy. Separately, a significant political confrontation has emerged between the Hellenic Police (EL.AS) and PASOK, marked by sharp criticism from Alexis Tsipras directed at PASOK.

Global Shipping Dominance

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias announced that Greece and Japan collectively control 32% of the global commercial shipping fleet, highlighting the country's significant role in international maritime trade.

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