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.
Economy
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.
Greece announces €800M supplementary budget and new support measures
The Minister of National Economy and Finance Kyriakos Pierrakakis announced a supplementary budget of €800 million and a bill that will include new support measures already announced by the government. He also confirmed that the…
Social Housing Initiative: First 8 DYPA properties activated
Greece launches major social housing initiative, activating 8 dormant public properties in key cities for affordable housing development through innovative partnerships.
Greece inflation bomb hits 5% in April: Fuel, energy crisis deepens
Greece faces explosive 5% inflation surge in April as fuel, energy and food costs skyrocket, prompting fears of extended price pressures through 2026.
Vertical Corridor: “North Macedonia can play constructive role”
North Macedonia positions itself as a key energy hub in Southeast Europe through the Natural Gas Vertical Corridor, reducing Russian gas dependence.
Fuel prices: “Hard for gas to drop below €2 as refineries control market”
Greek gas station owners’ leader says unleaded gasoline unlikely to drop below €2 as refineries control pricing amid Middle East war uncertainty.
ELSTAT: Athanasios Katsis officially appointed new president
Professor Athanasios Katsis officially becomes new president of Greece’s statistical authority ELSTAT, nominated by international experts committee.
Aviation fuel crisis threatens Europe: Flight cancellations and expensive holidays ahead
Aviation fuel crisis threatens summer travel as jet fuel prices double, warning of flight cancellations and higher vacation costs across Europe and beyond.
Greece to repay €6.9bn debt in June, debt ratio to drop near 130%
Greece announces €6.9bn early debt repayment in June as Finance Minister Pierrakakis reveals debt-to-GDP ratio expected to drop to 130% by 2027.
Pierrakakis: Europe must unite on economy, defense and tech or lose big opportunity
European Finance Minister Pierrakakis warns that Europe must unite its forces in economy, defense and technology or risk losing a major competitive opportunity.
Oil prices fall after Trump suspends “Freedom” operation – Brent at $108
Oil prices drop 1.7% to $108 per barrel as Trump suspends military operation amid Iran ceasefire talks, while global supply concerns persist.