Oil prices fall on Strait of Hormuz deal news, but security risks remain
Oil prices slip as Iran-Oman Strait of Hormuz shipping deal nears, but tanker explosions and Houthi attacks keep security risks alive.
Economy
Greece’s MYAGRO platform launches: Farmers to receive subsidies by October 31
Greece launches MYAGRO, a new digital platform for managing farm subsidies, with payments promised by October 31 for eligible applicants.
Athens Airport passenger traffic soars: 3.93M travelers in July
Athens Airport records 3.93M passengers in July 2026, with a 4.7% traffic surge as both domestic and international routes post strong growth.
Out-of-Court Debt Settlement Mechanism surpasses €20 billion with 66,500+ agreements
Greece’s Out-of-Court Debt Settlement Mechanism hits a record €20.19 billion across 66,578 completed agreements, with 2,164 new deals finalized in July alone.
Greece Boosts Research Funding: HFRI Joins 2026-2030 Development Plan
Greece integrates HFRI funding into its 2026–2030 Development Plan, signaling a major push for research, innovation, and economic transformation.
Thessaloniki Trade Fair 2026: Business demands on taxes, investment and liquidity
Greek businesses present key demands ahead of TIF 2026, calling for tax cuts, investment incentives, and stronger liquidity support for SMEs.
How much do holidays in Greece really cost? Citizens speak out
Greeks reveal how much a holiday in Greece really costs — from €200 budget escapes to €5,000 month-long trips. See what people are spending.
Supermarket prices drop for first time in 18 months
Greek supermarket prices fall for the first time in 18 months, with fresh produce leading the drop — but ready meals and beverages continue to rise.
Oil prices drop below $80: US-Iran deal hopes push Brent lower
Brent crude falls below $80 as US-Iran Strait of Hormuz deal talks advance, easing global supply fears and lifting stock markets to new highs.
Greek Banks to Issue Over €15 Billion in Loans in 2026
Greek banks are set to issue over €15 billion in loans in 2026, leading the Eurozone in business lending with an 11.28% growth rate.
Greece pays €4.2M in livestock compensation for foot-and-mouth and pox outbreaks
Greece’s Ministry of Rural Development is paying €4.2M in compensation to 176 farms for 75,316 animals culled due to foot-and-mouth disease and sheep pox.
Greece Pays €23M to 281,000 Island Residents Under Ferry Subsidy Program
Greece distributes €23.2M to over 281,000 island residents, completing the 2025 Transport Equivalent ferry subsidy program under Minister Kikilias.