Greece expands Vertical Corridor with North Macedonia, Serbia
Greece, Serbia, North Macedonia and Bulgaria agree to expand energy cooperation and the Vertical Corridor, institutionalizing four-party ministerial meetings.
Economy
Kyriakos Pierrakakis heads to Paris for G7 summit as Eurogroup president
Greek Finance Minister Kyriakos Pierrakakis travels to Paris for G7 summit focusing on Middle East economic impacts and global financial stability.
Fuel prices: Gasoline unlikely to drop below 2 euros
Greek fuel prices expected to remain high for at least six months, with gasoline unlikely to drop below 2 euros and significant impact on consumer goods.
Tax “strip-search” for 690 professionals who challenged presumptive taxation
Greek tax authorities launch comprehensive audits of 690 freelancers who challenged presumptive taxation, examining income, assets, and family finances.
Greece launches property audit blitz via MIDA for housing benefits
Greece launches comprehensive property audits through new MIDA registry system to detect housing benefit fraud and tax exemption abuse using AI technology.
Who Must File Wealth Declarations and Why Transparency Matters
Greek wealth declaration requirements explained: who must file, what to include, and penalties for non-compliance in the public and private sectors.
Greece launches AI-powered tax surveillance system for income tracking
Greece’s tax authority launches massive digital surveillance system using AI and big data to track taxpayer income, deposits, and assets with 194,000 planned audits.
Major infrastructure projects gain momentum in Greece
Major Greek infrastructure projects including NRAC highway, E65 motorway, Kastelli airport and railway upgrades are advancing amid ongoing reforms.
Rising costs hit households: Fuel, food and rent drive inflation
Food, housing and transport drive inflation to 5.4% as fuel costs soar 32%, heating oil jumps 53% and household expenses reach critical levels nationwide.
War in Iran: Companies making billions from crisis – Oil, banks surge
War in Iran sparks massive profits for oil giants, Wall Street banks, and defense contractors while global households face soaring energy costs.
Fitch praises Greece: Only country with targeted energy support
Fitch rating agency praises Greece for implementing targeted energy support measures, setting it apart from other European countries using generalized approaches.
Oil and gold surge as US strikes Iran – Brent tops $100
Oil prices surge past $100 as US-Iran military escalation threatens global energy supplies. Gold rallies amid Middle East tensions and China’s central bank buying.