Updates and commentary on startups, economics, geopolitics, political risk, global markets and tech. Focus on Greece & Europe.
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I just launched a new regular newsletter.
It’s called Changing Greece.
Here is why.
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Greece at the very bottom. Last by a distance.
In 2025, 457 billion passenger-kilometres (pkm) were performed by rail in the EU. 🚂 🛤️
Highest rates of pkms per inhabitant:
🇭🇺 Hungary (1692)
🇫🇷 France (1606)
Lowest:
🇬🇷 Greece (69)
🇱🇹 Lithuania (164)
For more data 👉 link.europa.eu/MWgqYY
ALT Eurostat bar chart showing Rail passenger transport for main undertakings, passenger-kilometres per inhabitant, in EU and EFTA countries with available data, 2025.
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The Greek Analyst retweeted
Diplomatic analyst
I wrote a deep dive on the state of Greek banks.
My thesis is that the Greek banking system is reminiscent of dinosaurs sleep-walking to their own (self-made) extinction event.
That’s not inevitable. But it requires a rude awakening. As a friend, I felt compelled to deliver it.
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100%. Πλέον το δημόσιο έχει προχωρησει και οι τράπεζες είναι σαν ΙΚΑ το 1980.
I wrote a deep dive on the state of Greek banks.
My thesis is that the Greek banking system is reminiscent of dinosaurs sleep-walking to their own (self-made) extinction event.
That’s not inevitable. But it requires a rude awakening. As a friend, I felt compelled to deliver it.
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I wrote a deep dive on the state of Greek banks.
My thesis is that the Greek banking system is reminiscent of dinosaurs sleep-walking to their own (self-made) extinction event.
That’s not inevitable. But it requires a rude awakening. As a friend, I felt compelled to deliver it.
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This might be my most controversial post to date? I have received some very angry and some very enthusiastic messages this morning, which makes it for a very lively morning. At least we can finally have this much needed conversation (with data), so this makes me happy.
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Νομίζω δεν υπάρχει άνθρωπος που να μην εξοργίζεται με τη δημοσίευση της αιτίας της έκρηξης. Όλοι ξέρουμε για τη «μαφία του χαλκού», αλλά για κάποιο λόγο προσποιούμαστε τόσο ως κράτος όσο και ως κοινωνία πως δεν υπάρχει πρόβλημα. Πόσα ακόμα θανατηφόρα δυστυχήματα θα επιτρέψουμε;
Συνελήφθησαν οι τρεις κλέφτες χαλκού για την έκρηξη στην Πλάκα που κόστισε τη ζωή σε έξι άτομα. Εισήλθαν στο κτίριο και τρία λεπτά μετά βγήκαν κρατώντας ένα καρότσι και έναν σωλήνα. Στην προσπάθειά τους να αποκολλήσουν κι άλλα μέταλλα έσπασαν τον σωλήνα που πήγαινε στον δεύτερο όροφο. kathimerini.gr/society/56455…
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EU must make sure this is diffused across existing infrastructure, proven capabilities but also new experimental work that is in line with the demands of 2050-eyeing force development (i.e. decades-long planning).
We invite EU countries to take part in the second round of the Security Action for Europe (SAFE).
€21.3 billion to boost Defence Readiness and support to Ukraine.
More information: link.europa.eu/NyFjGY
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Greece’s GDP trajectory continues to outpace Euro Area
Source: National Bank of Greece (2026)
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🇬🇷🕊️
Greek PM calls for global maritime truce after Greek ship sunk in drone attack reut.rs/4A1NNiJ
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Greece is upping the ante against Turkey’s irredentist claims.
Prime Minister Kyriakos Mitsotakis has described the Turkish-Libyan maritime memorandum as a “flagrant violation of the fundamental principles of the international law of the sea,” arguing that it is “illegal, it is arbitrary and it defies geography ... ekathimerini.com/politics/fo…
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The comparison of France today to Greece 15 years ago is understandable, but the (geopolitical, economic, social) situation could not be more different, both in-country and around the world. I was very worried about Greece back then. I am even more worried about France now.
Here's how France’s debt troubles compare with the Greek crisis that threatened the euro 15 years ago bloomberg.com/news/articles/…
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Bravo, Greeks.
🩸Blood Donations per 1,000 People in Europe
🇨🇾 Cyprus — 75
🇬🇷 Greece — 52
🇭🇷 Croatia — 49
🇩🇪 Germany — 44
🇮🇹 Italy — 43
🇦🇹 Austria — 42
🇸🇰 Slovakia — 42
🇨🇿 Czechia — 41
🇸🇮 Slovenia — 39
🇱🇹 Lithuania — 38
🇭🇺 Hungary — 37
🇵🇱 Poland — 37
🇫🇮 Finland — 32
🇱🇻 Latvia — 32
🇫🇷 France — 33
🇲🇪 Montenegro — 33
🇷🇸 Serbia — 33
🇪🇸 Spain — 33
🇧🇪 Belgium — 35
🇪🇪 Estonia — 35
🇸🇪 Sweden — 35
🇧🇦 Bosnia & Herzegovina — 31
🇩🇰 Denmark — 31
🇲🇰 North Macedonia — 31
🇳🇴 Norway — 30
🇹🇷 Turkey — 30
🇲🇹 Malta — 29
🇮🇸 Iceland — 28
🇵🇹 Portugal — 28
🇨🇭 Switzerland — 28
🇧🇬 Bulgaria — 27
🇲🇩 Moldova — 24
🇳🇱 Netherlands — 22
🇷🇴 Romania — 22
🇦🇱 Albania — 9
📊 Higher = more whole-blood donations per 1,000 people
Source: Council of Europe / EDQM — 2023 data.
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A total farce. I am deeply ashamed of Greece for being one of the EU countries blocking this.
🚨 BREAKING: EU countries have dropped the idea of offering Canada "associate member" status in the 27-member bloc, opting instead for softer language promising "ever closer association," according to a draft statement, seen by POLITICO.
Full story: vist.ly/5qd4s
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A pretty remarkable moment for EastMed geopolitics and Greek foreign policy.
Three Arab states back Greece in dispute over Turkey-Libya maritime accord reut.rs/4jO2ocV
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Η Ελληνική Εταιρεία Περιβάλλοντος & Πολιτισμού (ΕΛΛΕΤ) είναι ίσως η πιο σπουδαία ΜΚΟ στην Ελλάδα σήμερα και κάνει σημαντικό μέρος της δουλειάς που θα έπρεπε να κάνει το ίδιο το κράτος για την προστασία της κοινής εθνικής μας κληρονομιάς. Στηρίξτε την όπως μπορείτε. @Ellet_gr_NGO
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