European Union

Greece Unveils 2026–2030 Plan to Build a Semiconductor Industry

Greece has opened a draft national strategy for semiconductors and microelectronics for public consultation, setting out how the country hopes to build a larger role in chip design, research and specialized manufacturing between 2026 and 2030. The Development Ministry is...

Greece’s New Pay Rules Start November 1, Requiring Salary Disclosure Before Interviews

Greece’s new pay-transparency rules take effect on Sunday, November 1, requiring private-sector employers to explain how they set wages and to give job candidates pay information before the first interview. The rules implement Law 5316/2026, which transposed the EU’s pay-transparency...

Greece Joins Germany in Blocking Canada’s Proposed EU Associate Membership

Several European Union countries blocked a plan to grant Canada "associate membership," removing the proposed status from a joint summit declaration while agreeing to pursue closer political and economic ties with Ottawa. A revised declaration approved Wednesday replaces the term...

European Central Bank President Christine Lagarde Announces Early Resignation

European Central Bank (ECB) President Christine Lagarde announced Thursday that she will step down on February 7, 2027, nearly nine months before her term ends. She said she wants greater freedom to speak about issues beyond monetary policy. Her...

EU Accepts Temu’s Plan to Address Illegal Product Risks

The European Commission accepted Temu’s plan to improve its assessment of illegal-product risks on Monday, October 26, moving the online marketplace into a monitored compliance process after a €200 million fine earlier this year. The decision concerns Temu’s obligations under...

EU Advances Plan for Online Company Registration in 48 Hours for €100 or Less

European Union governments backed a plan Friday that would let founders register a company online through a 48-hour fast track for no more than €100, advancing a proposed alternative to the bloc’s patchwork of national company rules. The Council of...

Greece Ranks Third in EU for Domestic Travel as 85% of Trips Stay Within Country

Greece recorded the third-highest share of domestic trips in the European Union in 2025, with 85% of overnight trips by residents staying within the country, according to figures released by Eurostat. France and Portugal also recorded domestic trip shares...