×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
11
Jun 2026
weather symbol
Athens 28°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

“How did the Greeks do it?” – Süddeutsche Zeitung on the path from the “no” vote in the 2015 referendum to growth

The German newspaper analyses the reasons for Greece's economic growth in recent years

Newsroom November 22 11:58

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google


A publication in Süddeutsche Zeitung titled “How did the Greeks manage it?” analyzes the reasons for Greece’s economic growth in recent years, referencing the political scene and a bit of the behind-the-scenes:

“The Greeks said no. But Tsipras flew to Brussels and signed anyway. The rest is history,” writes the Munich newspaper on its website. “For years, the country struggled to emerge from the massive crisis, the state made one cut after another, and four years later, left-wing Tsipras lost the elections. Power was taken by center-right Kyriakos Mitsotakis. The figures announced by his government now are nothing like the previous ones. The situation has reversed. While the German economy stagnates, Athens is expecting growth of 2.2% this year.” The author asks, “How did they manage it?” and immediately answers that, according to Minister of Finance Christos Staikouras, it’s not only due to the increase in tax revenues and ongoing austerity measures, but also due to the fight against the shadow economy. However, it is noted that “these (revenues) also include income from privatizations that would be hard to ‘sell’ to German voters, such as the toll roads. This is something creditors imposed on the Greeks. The fact that the Minister of Finance can express satisfaction with the good numbers is also due to the fact that drivers are paying over 30 euros in tolls for a route from Athens to Thessaloniki.”

Finally, commenting on the Wednesday protests, the article emphasizes that “once again, Greece did not give the impression that everyone is as cheerful as the Finance Minister. (…) For Prime Minister Mitsotakis, dissatisfaction represents a political risk—many see him as someone who has lost touch with reality. In the polls, the New Democracy party has dropped to about 30%, compared to the nearly 41% it received in the June elections last year.”

Ask me anything

Explore related questions

#diplomacy#economy#germany#greece#politiics#referendum#Süddeutsche Zeitung
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Trump: We will hit Iran very hard tonight; at some point we will take Kharg Island and other oil facilities

June 11, 2026

Bad weather front approaching: Seven regions at highest risk, according to Tsatrafyllias forecast

June 11, 2026

Five Greek beaches listed among 10 Best in Europe in 2026

June 11, 2026

Emergency weather deterioration bulletin with heavy rain, squalls, and thunderstorms

June 11, 2026

Threats from Ankara regarding the French military presence in Cyprus: We have the power to deliver the most severe response

June 11, 2026

8 Attica Beaches That Athenians Love and Visitors Rarely Find

June 11, 2026

USA: Doctors refuse help to trans people seeking to return to their biological sex

June 11, 2026

From today’s heat and humidity to tomorrow’s thunderstorms and hail

June 11, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα