Uncertain Politics, Drought Threats, and Economic Moves in Greece

The fluidity of Greek politics has sparked endless speculation. While Kyriakos Mitsotakis contemplates his political future, Alexis Tsipras prepares for a possible comeback. Meanwhile, smaller right-wing parties are gaining attention, with the Tempi party maintaining prominence despite lacking a comprehensive governance program. Adding to the concerns is the looming threat of drought, as water reserves have significantly decreased over the past three years. The government is accelerating infrastructure projects, including expanding external water systems. In the business sector, billionaire Paul Coulson faces legal battles over his Ardagh Group, while there’s a surge in investment interest in battery storage projects due to recent regulatory incentives. Discussions about defense spending exemptions from fiscal rules and potential job subsidy programs in the private sector highlight ongoing economic considerations. Additionally, tourism developments, such as hotel ratings by Michelin and cruise ship docking issues on Santorini, underscore key sectors’ challenges and opportunities.