Oil prices surge after Trump’s new threat to Iran
Oil prices surge to month-high levels as Trump threatens Iran with decimation unless Strait of Hormuz reopens, creating market uncertainty worldwide.
Economy
Bank of Greece governor warns against early elections amid crisis
Bank of Greece Governor warns that early elections would destabilize the economy amid Middle East crisis, calling for political stability to complete the term.
New Fuel Pass application system: Every two tax numbers instead of three
Greece’s Fuel Pass platform faces technical issues, prompting changes from three to two tax numbers per day for applications amid overwhelming demand from citizens.
Pierrakakis to “Le Point”: “Greece can absorb Middle East crisis shock”
Greek Finance Minister Pierrakakis tells Le Point that Greece can absorb Middle East crisis shock with €300M energy support plan and resilient economic recovery.
Banks: Fixed mortgage rates hit 9-year low in Greece
Greek mortgage rates hit 9-year low at 2.95%, making Greece fifth cheapest in eurozone. Fixed-rate loans under 5 years break 3% barrier for first time since 2017.
Electricity bills: Emergency subsidy plan due to price hikes – Three scenarios
Greece plans emergency electricity bill subsidies amid Middle East crisis driving energy prices above $100/barrel. Three crisis scenarios under government review.
New public sector salaries: Extra €40 monthly from April 1st
Greek public sector employees receive €40 monthly salary boost from April 1st, with detailed breakdown of new pay scales across all government categories and positions.
Michailidou announces new “Renovate-Rent” program: Up to €36,000 with 90% coverage
Greece’s Minister Domna Michailidou announces expanded housing subsidy program offering up to €36,000 with 90% coverage for renovations and social housing initiatives.
Greek fuel subsidy launches today: Platform opens at 5 PM
Greece launches fuel subsidy program today at 5 PM. Citizens can receive up to €50 in fuel aid with payments starting before Easter for early applicants.
Stournaras: “Political stability is key to economic resilience”
Bank of Greece Governor highlights political stability as crucial for economic resilience amid Middle East tensions and global uncertainty.
Fuel Pass opens Easter Monday: Who gets up to €60 and when
Greece’s Fuel Pass platform launches Easter Monday offering fuel subsidies up to €60. Applications open through vouchers.gov.gr with payments within 48 hours.
Greece locks debt settlement interest rates until 2027
Greece freezes debt settlement interest rates until 2027, providing stability for thousands of taxpayers amid volatile financial conditions and inflation concerns.