Recent geopolitical tensions in the Middle East are creating new risks for Greek exports, according to Alpha Bank’s latest report, which warns of mounting pressure on global trade.
The bank outlines three main channels, including higher production costs, supply chain...
Greece proposed renewing the term of central bank Governor Yannis Stournaras on Wednesday, extending his twelve years in the role, a government spokesman said in a statement.
Stournaras would be the first Greek central banker to serve three consecutive terms.
The...
Russia is expected to double revenue from its largest oil tax to about $9 billion in April, as rising global oil prices boost government income, according to calculations published by Reuters.
The increase follows a sharp escalation in energy markets...
A year-long investigation by journalist John Carreyrou identifies Adam Back, a 55-year-old British computer scientist, as the man who created cryptocurrency under the pseudonym Satoshi Nakamoto, the anonymous figure who introduced Bitcoin in 2008.
Back is the CEO of Blockstream,...
Greece is likely to face slower growth in the coming years as external pressures intensify. Geopolitical tensions in the Middle East are weighing on consumer spending, while financial support from European Union funds is gradually fading, according to the...
Greece’s cost of living has long attracted attention as one of Europe’s more affordable options, drawing retirees, remote workers, and digital nomads in search of a better quality of life. In 2026, however, that perception is shifting. While the...
Greece has rolled out its latest fuel subsidy program, known as the Fuel Pass, as drivers continue to grapple with some of the highest gas prices in Europe—and among the steepest worldwide. The application platform went live on Holy...
Cyprus plans to begin offshore natural gas production by late 2027, Energy Minister Michalis Damianos said on Tuesday, providing a clearer timeline for a long-awaited milestone in the country’s energy strategy.
Damianos made the remarks ahead of an informal meeting...
A Russian-owned oil tanker carrying about 730,000 barrels of crude has arrived at Cuba’s port of Matanzas, east of Havana, offering relief to an island struggling with severe fuel shortages.
The vessel, Anatoly Kolodkin, marks the first crude shipment to...
Greece's private debt to banks, tax authorities, and social security funds continued rising in the third quarter of 2025, with a new report warning that the trend remains a major vulnerability for the economy.
Private debt refers to the total...
Oil prices surged early Tuesday after an Iranian drone strike hit the fully loaded Kuwaiti tanker Al Salmi near Dubai. By 3:40 a.m., Brent crude had risen 2.05% to $109.59 a barrel, while U.S. benchmark West Texas Intermediate (WTI)...
Recent data and consumer surveys reveal that skyrocketing prices for essential goods are forcing Greek households to drastically scale back on spending. According to NielsenIQ’s annual “Shopper Trends” conference, while the volume of goods purchased has remained largely stagnant...
Kastoria's famous greenish-grey lake in Western Macedonia, Greece, around which the city is built, has always been frosty and still in wintertime. But for the past few years, its frigidness and stillness echo the state of the town's once...
The recent chaos in the global oil and gas market, fueled in part by tensions surrounding the Iran war, has turned the Middle East into a high-stakes arena for US oil and gas interests.
Attention is now fixed on the...
Greece is moving closer to another major tranche of EU recovery funding after the European Commission approved the country’s seventh payment request under the Recovery and Resilience Facility. The decision opens the way for the disbursement of €1.18 billion...
