OPEC+ boosts oil production by 188,000 barrels per day
OPEC+ agrees to boost oil production by 188,000 barrels daily starting June, following UAE’s departure from the organization in a symbolic move to stabilize markets.
Economy
S&P Global: Aktor-Albgaz LNG deal marks milestone for US gas
Greek infrastructure company Aktor Group signs major 20-year LNG supply deal with Albania’s Albgaz, marking milestone for US gas exports to Europe.
Social tourism applications deadline this Sunday – What providers need to know
Social tourism application deadline this Sunday as over 350,000 applications submitted. Providers have until May 10th to join the program for 2026-2027 season.
Monthly pension boost up to €400 for 200,000 Greek retirees
Greek Ministry of Labor plans monthly pension increases up to €400 for 200,000 retirees who paid into multiple funds but received no corresponding benefits.
Payment schedule from e-EFKA and DYPA until May 8: €91.7 million
Greece distributes €91.7 million to over 107,000 beneficiaries through e-EFKA and DYPA payment programs from May 4-8, covering pensions and employment benefits.
Greece among Europe’s most expensive countries for food prices
Greece ranks among Europe’s most expensive countries for food, with prices 5.1% above EU average according to new Eurostat data, despite low prosperity levels.
ECB holds key interest rates steady for seventh consecutive meeting
ECB maintains key interest rates unchanged for seventh straight meeting amid Middle East war concerns and rising energy prices affecting eurozone inflation outlook.
Greece cuts growth forecast to 2% as inflation soars to 3.2%
Greece revises growth forecast down to 2% while inflation jumps to 3.2% amid Middle East energy crisis, leaving limited fiscal space for new measures.
Overdue debts halt 72-installment payment plan amid debt explosion
Greece’s 72-installment debt payment plan faces uncertainty as overdue tax debts surge to 114.5 billion euros, raising concerns about participation rates.
Fuel Pass countdown: Platform closes Thursday for applications
Greece’s Fuel Pass application deadline approaches as platform closes Thursday. Subsidies range from €25-60 based on income and vehicle type.
Social tourism platform struggles with low response rates: DYPA chief
Greece’s social tourism platform faces technical difficulties as DYPA extends application deadline amid low response rates and over 340,000 submissions.
Dijsselbloem to Pierrakakis: “I’m proud the Greek finance minister now chairs the Eurogroup”
Former Eurogroup chief Dijsselbloem praises Greece’s economic transformation as current president Pierrakakis leads the eurozone finance ministers’ group.