The bank estimates that the effective tariff rate on Greek exports to the US would rise to roughly 20 – 23 percent
Piraeus Bank, a local lending rival, is reportedly set to purchase Ethniki Asfalistiki from CVC
The feud is already having tangible effects. Earlier public clashes between the two led to a $150 billion drop in Tesla’s market value before a partial recovery, when Musk softened his rhetoric
The political atmosphere has grown increasingly tense following the release of recorded conversations implicating officials in clientelist practices.
He referred to a probe by the European Public Prosecutor’s Office pointing to misuse and outright fraud by the now disbanded Greek Payment Authority of Common Agricultural Policy
Migration and Asylum Minister Makis Voridis’ resignation was accepted by PM Kyriakos Mitsotakis, as were the ones tendered by Deputy FM Tasos Papavasiliou, Deputy Ag Minister Dionysis Stamenitis and Deputy Digital Governance Minister Christos Boukoros
Despite growing criticism, the ruling New Democracy party continues to hold a comfortable lead in voter intentions
The development most likely means that two former ag ministers are under scrutiny for an alleged scam totaling some 466 million euros in farm sector subsidies
For many, the 7 percent gain in average wealth is not translating into a better standard of living.
Brussels finds systemic irregularities in Greek handling of agricultural funds; €392 million in EU payments to be withheld
Last month's raid at the OPEKEPE HQ in Athens confiscated data and files, generating eight indictments and charges that will lead to a court trial
Swiss-based multinational investment bank UBS is “bullish” on the Greek economy, expecting it will have a robust performance in 2024-2026 based on the country’s fundamentals. In its analysis, UBS affirms the country’s recovery, pointing to economic growth rates outpacing those of the EU average while also highlighting a steady fall in inflationary pressures. A combination […]
Internal affairs officers of the police department, in the presence of EU prosecutors, conducted a spot raid at the headquarters of the Greek Payment Authority of Common Agricultural Policy (C.A.P.) Aid Schemes (OPEKEPE) in Athens on Monday after allegations of fraud involving agricultural subsidies. Two prosecutors of the European Public Prosecutor’s Office (EPPO) were also […]
These announcements reflect a coordinated effort by the Greek government to modernize maritime infrastructure, support island connectivity, and manage costs for passengers as the summer season approaches.
Special provision is made for individuals who received vouchers under the previous “Recycle – Change Water Heater” initiative but never redeemed them.
Ministry of Environment and Energy has officially announced the framework for electricity subsidies targeting approximately one million businesses across Greece.
Prices appear to be easing in March, with the current average at 89.47 euros per MWh, indicating a downward trend expected to continue.
Around 5,500 of Santorini's residents returned to the island over the past few weeks, resolved to adapt to the "new norm".
The biggest deviation, before and after online and minute-by-minute data streaming began, reached a whopping 272%.
International financial services firm UBS says the valuation of the stocks of the National Bank of Greece (NBG) remains an appealing prospect for investors based on estimates although they have recovered from the lows of the fourth quarter of last year. The Swiss bank notes that while underlying profitability is expected to decline as interest […]