Embargo
Ancient Greece
How Economic Sanctions in Ancient Greece Backfired, Prolonging War
Sanctions date back to antiquity, with the "Megarian Decree" issued by Athenian statesman Pericles in 432 BC being the first recorded
Business
EU Imposes Price Cap on Russian Oil at $60 Per Barrel
This Friday, the European Union (EU) agreed to introduce a price cap on Russian oil. The decision is intended to punish Moscow for the Russian invasion of Ukraine and limit potential profits.
The cap will be set at $60 per...
Diplomacy
Greece Slams Germany for Not Agreeing to Tough Sanctions Against Turkey
Germany is not standing up to its leadership role in the European Union when it rejects Athens' call for an arms embargo to be imposed on Turkey, Greek Foreign Affairs Minister Nikos Dendias said in an interview with Politico...
Cyprus
US to Lift Cyprus Arms Embargo, Foreign Minister Christodoulides Says
The Cypriot Minister of Foreign Affairs Nicos Christodoulides referred to the prospect of the Republic of Cyprus buying arms from the United States in the near future.
Speaking with the Associated Press on Friday, he said that ''the U.S. will...
Economy
Russia to Extend Embargo on Western Food Imports, Including Greek Products
Moscow is to prolong its embargo on Western food imports in response to the extension of sanctions imposed on Russia by the European Union. The embargo includes Greek agricultural products.
Russia's embargo on products from European Union countries, U.S.A., Australia...
Economy
Twenty Greek Food Production Companies to be Granted the Right to Export to Russia
Twenty Greek food production companies will be given the 'green light' to export products to the Russian market, when the embargo is lifted, Assistant chief of Rosselkhoznadzor (Federal Service for Veterinary and Phytosanitary Surveillance) Alexey Alekseenko on Monday said...
Economy
Russian Embargo-hit Farmers to Be Compensated By Greek State
A series of measures to limit the impact of the Russian embargo on fresh Greek agricultural product imports was announced by the Greek Foreign Ministry.
These measures include compensation of producers hit by the embargo, and the activation of a mechanism...
Greece
WWII Hero Greek Eurodeputy Pens Emotional Letter to Putin to Rethink Embargo
Greek SYRIZA MEP Manolis Glezos, wrote an emotionally-charged letter to Russian President Vladimir Putin asking him to rethink Russia's import embargo to Greek goods.
Glezos pleaded to Putin to exclude Greek agricultural products from Russia's recently announced embargo on imports from the EU, the...
Economy
This Town Could Die from the Russian Import Embargo to Greece
A long-lasting Russian embargo on Greek fur products could destroy the beautiful town of Kastoria, an international centre of fur trade in Northern Greece.
"The town's economy depends on Russian clients who buy 80% of its production," warns the Greek Furriers Association in a letter to the Greek...
Economy
Greek Wine and Olive Oil Survive Russia’s Import Embargo
Baby food and alcoholic drinks, including wine, have been excluded from the embargo the Russian government decided to impose on imports from EU countries, the United States, Australia, Canada and Norway. Although the ban on Greek goods exported to...