Minimum wage increase: What businesses must do by end of April
Greece raises minimum wage to 920 euros with businesses required to comply by April end, benefiting 1.5 million workers with increases up to 485 euros annually.
Economy
Oil prices surge: US WTI crude tops Brent, breaks $110 barrier
US WTI crude oil surpasses Brent for the first time, breaking $110 per barrel amid escalating tensions between the US and Iran in the Persian Gulf region.
Citi Bank moves Paris and Frankfurt staff to remote work amid threats
Citi Bank moves Paris and Frankfurt employees to remote work following threats against US banks. Enhanced security measures implemented across France.
Marinakis announces €65,000 fines for fuel price cap violations
Greek government imposes €65,000 in fines on 13 gas stations for violating fuel price caps, with half of inspected stations in Rhodes found breaking regulations.
Fuel Pass: Who will be paid before Easter (Video)
Greece’s Fuel Pass program opens April 6th. Citizens receive payments within 2 days of application, with amounts ranging from €25-€60 based on vehicle type.
International Energy Agency: Oil supply disruptions to hit Europe in April
International Energy Agency warns Europe faces major oil supply crisis in April as Middle East disruptions threaten global energy markets and economic growth.
Fuel Pass platform to open by Holy Monday, payments mid-April
Greek Finance Ministry announces Fuel Pass platform launch by Holy Monday with mid-April payments. Government targets 80% of vehicles in fuel crisis support.
Stournaras warns against early elections amid Europe’s challenges
Bank of Greece Governor warns calling early elections during wartime would be “huge mistake” as Europe faces inflation risks and economic challenges.
Fuel prices surge: “People are scared, wondering how to cope”
Fuel prices in Greece reach unprecedented levels as diesel surpasses gasoline costs. Market experts warn of widespread consumer anxiety and economic impact.
Athens real estate trends: luxury homes surge, building regulations impact
Athens housing market enters maturity phase with restrained price growth. Four key investment trends emerge, including luxury homes surge and green properties shift.
US gas prices top $4 per gallon for first time since 2022
US gas prices exceed $4 per gallon for the first time since 2022, driven by Middle East conflict and Iran tensions affecting American drivers nationwide.
Exarchou: Vertical Corridor will ensure EU’s energy autonomy
Greek energy executive warns Europe lacks strategic consistency in energy policy, emphasizes Vertical Corridor’s crucial role in EU energy independence.