Greece's new budget and the state of the economy heading into 2025

Greece’s parliament has just approved the 2025 budget, with Prime Minister Mitsotakis highlighting measures designed to help mostly lower income households in the face of rising costs. This also includes measures that relate to Greece’s banking sector which have received a lot of media attention. Nick Malkoutzis, the co-founder and editor of Macropolis.gr, a political and economic analysis site that focuses on Greece, joins Thanos Davelis to break down what the government has put forward, look at the political dimension of this budget, and explore the key strengths and weaknesses of Greece’s economy as we head into 2025.You can read the articles we discuss on our podcast here:Parliament OKs 2025 budgetGreece to scrap some bank fees for retail customers, parliament approves budgetTurkey Says Syria’s New Rulers Agree to Abolish Kurdish ForcesSyria's Kurds fearful of the future after Islamist rebels seized powerWhy America’s Kurdish Allies Are Under Threat in a New SyriaMitsotakis highlights need to uphold ceasefire during Lebanon visitGreek PM visits Lebanon aiming to strengthen diplomatic ties, support stability