Wall Street sell-off: Dow Jones plunges over 1,000 points amid inflation fears
Major Wall Street indices plummeted as oil prices surge and US-Iran tensions escalate, sparking fears of prolonged market turmoil and renewed inflation.
Economy
Strait of Hormuz: How a 3km passage holds global economy hostage
A 3km maritime passage holds the global economy hostage as Iran closes the Strait of Hormuz, threatening oil supplies and worldwide inflation.
Which tourists spend the most money in Greece: Record arrivals
Greece welcomed 38 million tourists in 2025, generating €23.63 billion in revenue. Americans spend most per trip at €1,108, while Germans provide highest volume.
Growthfund transforms into National Development Investment Fund
Greece’s Growthfund transforms into National Investment Fund, targeting €1B in organic profits and strategic investments in digital infrastructure by 2027.
Greece becomes key player in global energy developments
Greece emerges as key energy player as minister’s US visit coincides with major LNG and Ukraine war anniversaries, reshaping Europe’s geopolitical energy landscape.
Vertical Corridor: Albania’s FSRU plans and Turkish ambitions
Albania demands FSRU construction as part of US LNG deal, raising questions about true intentions and potential competition to Greece’s Vertical Corridor project.
Iran crisis triggers global market crash as oil and gold soar
Global markets crash as Iran crisis escalates, oil surges 8% past $78, gold hits records while Athens exchange plunges below 2,200 points.
Economic team on high alert after Iran war: Energy price concerns
Greece’s economic team monitors energy markets as Iran conflict triggers oil price surge, threatening inflation and tourism amid Middle East crisis.
Brussels moment for the Vertical Corridor: The plan that changes Europe’s energy map
The Vertical Corridor faces a crucial test in Brussels as Europe’s energy map transformation plan moves from political commitments to implementation reality.
Countdown to minimum wage increase: Target of €950 by 2027
Greece’s minimum wage set to rise from April 1st with government targeting €950 by 2027. Social partners propose increases ranging from 2.5% to over 5%.
AADE Registry closed for 10 days for business activity code upgrade
Greek Tax Authority suspends registry services for 10 days to upgrade 1.9 million business activity codes, affecting digital transactions for businesses nationwide.
Europe “absorbs” US LNG: Export surge and Atlantic freight rates soar
Europe dominates US LNG imports with 75.8% share in December 2025, driving Atlantic freight rates higher while reshaping global energy trade patterns.