Euro area annual inflation is expected to be 2.3% in November 2024, up from 2.0% in October according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in …
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Greece a Golden Visa destination for Americans after Trump victory
A notable number of American citizens dissatisfied with Donald Trump’s recent election victory are considering relocation to Europe through Golden Visa programs, with Greece emerging as one of the preferred destinations. According to a CNN report, interest among more affluent American citizens in EU Golden Visa programs has surged following …
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EU Commission approves Greek RRF aid for carbon storage facility in Prinos
The European Commission has approved financial aid worth 150 million euros to Greece for the construction of a carbon storage facility in Prinos, in the north of the country. The financial support will be made available through the Recovery and Resilience Facility (RRF), under EU state aid rules. The measure …
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17 Schengen countries, incl. Greece, call for new legislation for returns of irregular migrants
Seventeen countries within the Schengen Zone, including Greece, are calling for a revision of the legal framework to enable more “effective” returns of individuals who do not have the right to remain in the European Union. Ahead of the EU Interior Ministers’ Council on Thursday 10, October in Luxembourg and …
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PM Mitsotakis sharply criticizes Germany’s new measures on immigration
Greece’s Prime Minister Kyriakos Mitsotakis rebuked the new immigration policy Germany has announced to implement after September 16, 2024. “Greece will not accept to shoulder a disproportionately large burden for immigration,” the Greek PM said sending a clear message to Germany after the government in Berlin presented a plan on …
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EU buys too much defense equipment abroad, especially from US, report says
European Union countries are buying too much of their defense equipment abroad, almost two thirds of it in the United States, and failing to invest enough in joint military projects, a landmark report on EU competitiveness warned on Monday. The 27 member states are also failing to make best use …
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Energy prices: Joint initiative in Europe by Greece, Romania & Bulgaria
An initiative to mobilize Europe for the de-escalation of energy prices is undertaken by Greece, Romania and Bulgaria, the Minister of Environment and Energy, Theodoros Skylakakis, announced on Monday. Speaking to media, the minister noted that a joint initiative is being taken by the Energy Ministers of Greece, Bulgaria and …
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FM Gerapetritis: “Greece is in principle in favor of Turkiye’s European path
“Greece is in principle in favor of Turkiye’s European path,” Foreign Minister Giorgos Gerapetritis said on Thursday. “Of course, it is self-evident that this path goes through respect for international law, the European acquis, respect for the sovereignty and sovereign rights of all member states,” he added. Minister Gerapetritis made …
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Citizens can file complaints against digital platforms through Gov.gr
Citizens now have the ability to file complaints through the “gov.gr” platform to the Hellenic Telecommunications and Post Commission (EETT) regarding breaches of obligations by digital platforms. Specifically, they can report violations of the Digital Services Act, a set of rules enforced across the European Union. When citizens identify a …
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Greece to deport EU nationals arrested in Law School
Greek authorities have begun deportation proceedings for nine foreigners, among them EU nationals, arrested during a police operation at Athens University Law School, where occupiers were protesting Israel’s war in Gaza and expressing solidarity with Palestinian people. Among those to be deported are EU member states nationals such as two …
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556 firefighters from 12 countries to aid Greece & other EU Members in the fire season
A total of 556 firefighters from 12 countries will be strategically pre-positioned across key locations in Europe this summer, such as France, Greece, Portugal, and Spain, ready to help local fire brigades. As Europe is preparing for the approaching wildfire season, the EU is taking significant steps to bolster firefighting …
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“Euro-Turkish progress presupposes full respect for Cyprus’ sovereignty,” says Greek FM
“Turkiye must respect the European acquis, which fully includes the participation at all levels of the Republic of Cyprus,” Foreign Minister George Gerapetritis stressed on Friday in an interview with “Kanali Ena”, commenting on the conclusions of the European Council, which link the progress of EuroTurkish relations with developments in …
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Greece is the 2nd poorest country in Europe, says EUROSTAT
Shock!? Greece is the second poorest country in Europe after Bulgaria, when it comes to purchasing power and the gross domestic product (GDP). According to Eurostat data released on Tuesday, Greece is second from bottom on the list with gross domestic product (GDP) at 33%, when the EU average is …
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PM Mitsotakis proposes Eurobonds exclusively for Europe’s defense
Greece’s Prime Minister Kyriakos Mitsotakis proposed the issuance of Eurobonds exclusively for EU defense bolstering. He made the proposal during his opening statements Thursday at the ongoing two-day European Union Council Summit in Brussels. Greece, surpassing 2% of GDP on defense spending, emphasizes the need for new financing methods to …
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Premiers of Greece, Italy, Commission Pres. von der Leyen in Egypt to tackle migration problem
Prime ministers of Greece, Italy and Belgium as well as European Commission President Ursula von der Leyen are scheduled to visit Egypt on March 17. There is information about a 7.4 billion euro EU aid package to Egypt with the aim to fortify the country’s border with Libya. Greece and …
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Consumer groups, incl. from Greece, file privacy complaint against Meta
Consumer groups from eight countries in the European BEUC network, including from Greece, filed on Thursday complaints against Meta with their national data protection authorities, alleging Meta has failed to adhere to GDPR principles on the processing of personal data. The groups asked their national data protection watchdogs to act …
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Greece exceeds EU average in RES share of electricity consumption
Renewable energy sources (RES) made up 41.2% of gross electricity consumption in the EU in 2022, the Eurostat said on Wednesday. In Greece, the RES share in electricity consumption in 2022 exceeded the European Union average to reach nearly 43% That was 3.4 percentage points more than in 2021 (37.8%) …
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Greece offers to assume command of EU mission in Red Sea
Greece will offer to assume command of the European Mission in the Red Sea, Defense Minister Nikos Dendias announced on Wednesday in Brussels. Upon his arrival at the unofficial EU Defence Ministers Council in Brussels, Dendias said “we will discuss the European Mission in the Red Sea and I will …
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Corruption Index 2023: Greece almost at the bottom of EU 27
Almost at the bottom of the EU 27 member states is Greece on the Corruption Index 2023, with a shameful performance in the Corruption Perceptions Index. Greece ranked 24th among the 27 EU member states and 59th among 180 states. It scored below the baseline and is in the category …
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Greece adopts EU directive on minimum tax rate on multinationals
The Greek government on Tuesday presented a draft law to integrate into national legislation a European directive on implementing a minimum tax rate on multinational enterprises and large-scale domestic groups which could lead to a supplementary tax of up to 15% on profits. The Pillar II directive (EU 2022/2523) is …
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