Pierrakakis at ECOFIN: No Capital Markets Union without unified supervision
Greek Finance Minister Kyriakos Pierrakakis argues at ECOFIN that unified European supervision is essential for Capital Markets Union success.
Economy
Fuel prices to drop after Christmas: gas at €1.70, diesel at €1.45
Greek fuel prices expected to drop significantly after Christmas, with gasoline reaching €1.70 and diesel €1.45, returning to pre-war levels.
Market Control Authority fines Flora Food €78,958 for unfair pricing
Greek Market Control Authority imposes €295,898 in fines for unfair pricing, misleading discounts, and counterfeit products in major retail crackdown.
Greek minister: Inflation would be 3-4% higher without price caps
Greek Development Minister says inflation would be 3-4% higher without government price caps on food industry profits, defending consumer protection measures.
Stournaras on Katseli Law loans: “Supreme Court decision unclear”
Bank of Greece Governor criticizes Supreme Court’s ambiguous ruling on Katseli Law loan interest calculations, calls for clarity amid conflicting interpretations.
Tax refunds: 130,000 taxpayers haven’t received €190 million
Over €190 million in tax refunds remain frozen due to incomplete taxpayer documentation, affecting 130,000 beneficiaries as Greek authorities prioritize clearing backlogs.
Bloomberg: Greece’s LNG chief warns of US supply deal challenges
Bloomberg highlights warning from Greece’s Atlantic SEE chief about challenges securing long-term US LNG deals amid Middle East conflict disruptions.
Bank of Greece: Commercial property prices rise 5.1% in 2025
Greek commercial real estate shows strong growth with 5.1% price increase in 2025, led by Athens office market surge of 7%, Bank of Greece reports.
Bratakos: Greece-Syria economic relations restart with plan
Greece and Syria explore economic cooperation restart through structured planning and institutional channels, following discussions between business leaders.
Papastaurou meets Chevron ExxonMobil in Houston to accelerate hydrocarbon development
Greek Energy Minister meets Chevron and ExxonMobil executives in Houston to accelerate hydrocarbon development and discuss upcoming drilling projects in Greek waters.
ECB raises interest rates for first time in 3 years amid energy and inflation pressures
ECB raises key interest rates by 25 basis points for first time in three years as Middle East war drives energy costs and inflation pressures across eurozone.
Greek tax authority writes off €6bn in old debts: Who makes the list
Greek tax authority writes off €6 billion in old debts from bankrupt businesses and deceased taxpayers, bringing total uncollectable debts to over €41 billion.