Oil giants face domino effect as Strait of Hormuz blockade forces major production cuts
Kuwait follows Qatar in cutting oil production as Strait of Hormuz blockade fills storage tanks to capacity, threatening global energy supplies.
Economy
DBRS confirms Greece’s BBB credit rating with stable outlook
DBRS confirms Greece’s BBB credit rating with stable outlook, citing favorable economic growth, strong fiscal performance, and declining public debt ratios.
Tax returns 2026: AADE platform opens March 16 – Pre-filled forms for 1.5M taxpayers
Greece’s tax authority opens electronic platform March 16 for 2026 tax returns. Over 1.5M taxpayers get pre-filled forms with key checkpoints before submission.
Europe’s natural gas shock puts Romania at critical crossroads
Romania faces critical energy crossroads as European natural gas prices surge 70% in days, highlighting urgent need for diversification through Vertical Corridor.
Greece achieves strong 2.1% growth in 2025 with 9% investment surge
Greece achieves impressive 2.1% economic growth in 2025 with 9% investment surge and significant wage increases, outperforming eurozone averages.
Trump sets oil prices on fire: Above $90 after Iran ultimatum
Trump’s Iran ultimatum sends oil prices soaring above $90 per barrel as markets react to war escalation threats and Middle East supply concerns.
Iran war sparks global food crisis fears: Which countries face shortages
Iran conflict threatens global food crisis as Strait of Hormuz disruptions endanger supplies to Gulf nations, with millions facing potential shortages.
What investors buy when war breaks out: Wealth protection strategies
Learn proven investment strategies for crisis protection. Discover what assets experts buy during war, inflation, and market volatility to safeguard wealth.
Greece faces Middle East crisis with energy security assured
Greece’s Deputy PM assures energy security remains stable amid Middle East conflict, as government mobilizes to protect Cyprus and repatriate citizens.
Theodorikakos: Emergency consumer protection plan ready (Video)
Greek Development Minister announces emergency consumer protection measures amid Middle East tensions, warns against market profiteering.
Uninsured vehicles: Tax authority sends notices to thousands
Greek tax authority sends notices to thousands of uninsured vehicle owners, threatening fines up to €1,000 and license plate removal for non-compliance.
Stournaras warns Reuters of inflation surge due to Iran war
Bank of Greece Governor warns ECB to prepare for potential inflation surge as Iran conflict threatens European economic stability and energy prices.