Oil prices soar: Brent above $95, WTI surpasses $92
Oil prices surge dramatically as Brent crude tops $95 and WTI exceeds $92 per barrel amid reports of Iran closing the strategic Strait of Hormuz passage.
Economy
Industrial production rises 2.1% in April 2026, Greek statistics show
Greek industrial production surged 2.1% in April 2026 according to ELSTAT data, marking a significant recovery from previous declines in manufacturing output.
Greek Supermarket Union meets with Development Minister in positive talks
Greek supermarkets meet with Development Minister to discuss price controls and cost of living support measures for Greek households amid inflation concerns.
Forbes Global Properties conference in Corfu: Greece at the center of global real estate and high-net-worth tourism
Forbes Global Properties conference brings together 65+ companies from 6 continents in Corfu, positioning Greece as a major hub for ultra-high-net-worth investments.
Greece’s first domestically-built submarine could be ready in 8 years
Greece could build its first domestic submarine in 8 years through a €1.35B project combining Greek industry, Korean expertise, and US systems.
Greece leads Southeast Europe as IMF praises economic transformation
IMF Managing Director Kristalina Georgieva congratulates Greece on its economic transformation, as the country joins new Southeast Europe technical assistance center.
Theodorikakos: Profit margin cap extension if no deal reached with food industry
Greek Development Minister hints at extending profit margin caps if negotiations with food industry and supermarkets fail to reduce prices on essential goods.
Pierrakakis in Brussels for meetings with Georgieva and Rutte
Greek Finance Minister Pierrakakis heads to Brussels for high-level meetings with IMF’s Georgieva and NATO’s Rutte to discuss Greece’s strategic role in Southeast Europe.
Greek inflation drops to 5.2% in May amid soaring fuel prices
Greek inflation eases to 5.2% in May from 5.4% in April, but energy costs soar with heating oil prices jumping over 53% according to official statistics.
Papathanasis: Home renovation platform opens June 15 – €500M for 25,000 houses
Greece launches €500M home renovation program for 25,000 properties. Platform opens June 15 with expanded income criteria and subsidies up to €36,000.
Greece raises €3 billion as 10-year bond attracts €36 billion in bids
Greece successfully raises €3 billion through 10-year bond reissuance, attracting massive €36 billion in investor bids amid strong market confidence.
Tourism for All 2026: When applications open for vouchers up to €600
Greece launches Tourism for All 2026 program offering vouchers up to €600 via digital cards. Applications open soon with 30,000 additional beneficiaries added.