Mitsotakis loses political control over Greece's economy as corporate gains widen inequality
The article argues that Prime Minister Mitsotakis has forfeited political authority over economic policy, citing soaring corporate profits and rising inflation that hurt ordinary citizens.
The author contends that Prime Minister Mitsotakis has been swept up by the power structures he helped build, resulting in a loss of political oversight of the economy. Corporate earnings have risen dramatically, while inflation has accelerated, widening the gap between wealthy conglomerates and ordinary Greeks. The analysis points to a system that prioritises large interests, leaving basic societal needs unattended.
It also highlights the government's hostile response to opposition figures such as Androulaki and Tsipras, labeling their ideas with pejorative terms. The commentary warns that this trajectory could push the country toward a severe economic and social split, with the ruling regime resorting to extreme measures to survive.
Why it matters
It shows how Greece's economic policies may be deepening inequality and destabilising the political landscape.
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