November 15, 2024
Economy
Greece’s growth rate will remain “robust” and above the Eurozone and EU average in 2025 and 2026, according to the European Commission’s Autumn 2024 Economic Forecast released on Friday. GDP growth in Greece is expected to reach 2.1% in 2024, 2.3% in 2025 and 2.2% in 2026, supported by the …
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September 23, 2024
Economy, FEATURED
The European Commission has approved the funding of the Liquid Natural Gas (LNG) Terminal in Alexandroupolis, north-eastern Greece. The European Commission has approved the EU financial contribution for the implementation of the project “Alexandroupolis Independent Natural Gas System (INGS)”, in the context of the Operational Program EPANEK 2014-2020, Alternate Minister …
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May 22, 2024
Economy
The European Commission has welcomed the letter of Prime Minister Kyriakos Mitsotakis asking for the intervention of Brussels to tackle multinationals’ high prices. The EU commission welcomed the request and responded with a short notce saying the letter is “a contribution to the overall reflection on the future of the …
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May 17, 2024
Economy, FEATURED
Prime Minister Kyriakos Mitsotakis will send a letter to the European Commission on Friday requesting Brussel’s intervention to tackle high prices in supermarkets. Mitsotakis’ request will focus on multinational companies that sell their products in different countries at different prices. Greeks have been struggling with ongoing price increases for food …
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June 6, 2023
Economy
The European Commission and European Central Bank chief Christine Lagarde urged EU governments to stop energy support measures to citizens. Speaking at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament on Monday ECB chief Lagarde said: “As the energy crisis fades, governments should roll …
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May 24, 2023
Economy
Greece continues to experience excessive imbalances but its vulnerabilities appear to be receding due to policy progress, according to fiscal policy recommendations given by the European Commission in the context of the European Semester. The European Commission recommends that Greece: Wind down the energy support measures in force by the …
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September 26, 2022
Economy
Greece, along with Italy, Belgium and Poland, has sent a letter to the European Commission ahead of a meeting by EU energy ministers on Friday, regarding a proposed cap on natural gas prices. According to points on a draft seen by the by Greek state-run news agency amna, the letter …
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August 25, 2022
FEATURED, Greece, Politics
Greece’s government spokesman Giannis Oikonomou spoke out a halfhearted apology for having targeted and discredited the POLITICO correspondent in Greece, Nektaria Stamouli, who is also the president of the Foreign Press Association in the country. Oikonomou could not help but to correct his previous statements after an outcry by local …
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June 16, 2022
Economy
The European Commission proposed at the Eurogroup meeting on Thursday to end the enhanced surveillance of Greece on 20 August 2022, when this program ends and not to prolong it. The decision was taken “given the successful delivery of the bulk of Greece’s policy commitments.” A 12-year-long era ends on …
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May 23, 2022
Economy
The European Commission gave the green light for the disbursement of 748 million euros to Greece from the Eurogroup, based on the 14th report of post-memorandum enhanced surveillance that was released on Tuesday. In the report, the Commission noted that Greece has taken the necessary steps to reach the agreed …
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February 22, 2022
Economy
The European Association for Forwarding, Transport, Logistics and Customs Services (CLECAT) has sent a letter to the European Union, urging for an inquiry into the container shipping sector, alleging unfair and discriminatory practice. “The profiteering of ocean shipping carriers resulting from their capacity management strategy allowed them to acquire the …
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February 10, 2022
Economy
The Greek economy is expected to grow by 8.5% in 2021, 4.9% in 2022 and 3.5% in 2023, the European Commission said in its winter economic forecast report released on Thursday, revising upwards its earlier forecast of a growth rate of 7.1% in 2021 and slightly downwards its forecast for …
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November 11, 2021
Economy, FEATURED
The European Commission has forecast strong growth rates of 7.1% in 2021 and 5.2% in 2022 for Greece in its autumn economic forecasts, published on Thursday, revising its forecasts for 2021 upwards compared to those published in July (4.3%) and slightly downwards for 2022 (from 6%). The Commission report coincides …
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July 24, 2021
Economy
Τhe European Commission has approved an additional 100 million euros for Greece in the business program for Reforming the Public Sector 2014-2020, which forms part of the Partnership Agreement for the Development Framework. According to the proposal by the Greek Development and Investments Ministry, these new funds will be used …
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June 1, 2021
Economy
The European Commission approved an 800-million-euro Greek program for the support of tourism businesses that have been affected by the coronavirus outbreak. The scheme was approved based on the temporary framework for the EU state members support, a European Commission’s announcement said on Tuesday. EU vice president Margrethe Vestager in …
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February 13, 2021
CORONAVIRUS, Tourism
European Commission President Ursula von der Leyen praised Greece’s efforts for the roll out of its vaccination campaign against Covid-19, and especially welcomed the Greek prime minister’s proposal for a vaccination certificate, in an interview with the Greek newspaper “Ta Nea” released on Saturday. “The percentage of vaccinated citizens [in …
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February 11, 2021
Economy, FEATURED
The Greek economy will grow by 3.5% in 2021 and 5.0% in 2022, the European Commission said in its winter economic forecasts released on Thursday. In the report, the EU’s executive said economic recovery will continue, supported mostly by private consumption due to a gradual reopening of retail commerce, improving …
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October 1, 2020
FEATURED, Greece, Politics
The report Rule of Law 2020 by the European Commission identifies serious problems in Greece regarding the administration of justice, the pluralism in the media, the fight against corruption, the activities of lobbies as well as the protection of whistle-blowers. According to the report, Greece has adopted a significant number …
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August 20, 2020
CORONAVIRUS
Prime Minister Kyriakos Mitsotakis reiterated that coronavirus vaccines will arrive in Greece at the end of 2020, a day after Health Minister Vassilis Kikilias came under fire for claiming the same thing: that the first batch of a vaccine not fully approved yet will be available in the country by …
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May 13, 2020
Greece
The Greek government has welcomed the framework of guidelines and recommendations on tourism and transport presented by the European Commission on Wednesday, however, it stressed that Greece will unveil its own comprehensive plan for tourism in the next few days. Government spokesman Stelios Petsas said in a statement that the …
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