Greece 2027 Budget: €2.1B extra tax revenue and a €400M energy relief cushion
Greece’s 2027 draft budget projects €2.1B in extra tax revenue and a €400M energy relief fund to shield households and businesses.
Economy
Greece’s 2027 Budget Submitted to Parliament: Key Highlights
Greece’s 2027 draft budget targets 2.3% growth with €1.9B in tax relief, early debt repayments, and measures to tackle inflation and energy costs.
EU Commission warns of “very difficult winter” amid G7 oil reserve release decision
The EU Commission warns of a “very difficult winter” on energy prices as G7 nations agree to release emergency oil reserves to stabilize markets.
Global oil reserves at critical lows, warns Saudi Aramco CEO
Saudi Aramco’s CEO warns global oil reserves are critically low, with recovery taking up to two years after the Middle East conflict.
Fertilizer costs drive new wave of food price hikes in Greece
Greece faces a new wave of food price hikes as fertilizer and energy costs surge, pushing up prices for feta, bread, and meat in supermarkets.
Fuel prices: Two market interventions coming ahead of heating season
Greece plans two key fuel market interventions before the heating season kicks off on October 15, including heating oil subsidies and a potential profit margin cap.
Atlantic SEE LNG Trade Vindicated: The Strategic Edge of the Venture Global Deal
Atlantic SEE LNG Trade’s 20-year Venture Global deal proves visionary as ConocoPhillips signs a similar landmark LNG supply agreement.
e-EFKA & DYPA Payment Schedule: October 5–9 Breakdown
Greece’s e-EFKA and DYPA will pay out nearly €80M to over 92,000 beneficiaries between October 5–9, covering pensions, unemployment benefits, and more.
Energy costs crisis: Greece’s €950M VAT bid at Eurogroup
Greece heads to Eurogroup seeking fiscal flexibility to redirect €950M in VAT revenues toward households and businesses hit by soaring energy costs.
Die Zeit: How Greece transformed from austerity to economic recovery
Die Zeit praises Greece’s remarkable economic turnaround — from crisis and austerity to growth, digitization, and rising investor confidence.
Energy Crisis: Europe Eyes Oil Reserves After Trump’s Ultimatum
Europe scrambles to respond to Trump’s ultimatum on oil reserves, as the U.S. threatens to cut fuel exports and an energy crisis looms over the continent.
Stournaras: Keeping inflation at 2% and warnings on interest rates and debt
Bank of Greece Governor Stournaras warns on inflation, interest rates, and public debt — and calls for Greece to reach an A-grade credit rating.