Domain: kathimerini.gr

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kathimerini.gr

🌐 85% Global Worthiness

Apr 9, 10:13

EU Unveils €21 Billion Retaliatory Tariff Plan Against US

The EU will implement €21 billion in countermeasures against US steel and aluminum tariffs in three phases starting April 15th, impacting US exports and potentially escalating trade tensions.

EU Unveils €21 Billion Retaliatory Tariff Plan Against US

The EU will implement €21 billion in countermeasures against US steel and aluminum tariffs in three phases starting April 15th, impacting US exports and potentially escalating trade tensions.

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Decent Work and Economic Growth

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What is the EU's immediate response to US tariffs on steel and aluminum, and what is its projected short-term economic impact on the US?

The European Union is retaliating against US tariffs on steel and aluminum with €21 billion in countermeasures. These measures, set for a vote today, will likely pass with the required special majority. The first phase begins April 15th, impacting US exports initially by €3.9 billion.

kathimerini.gr

🌐 85% Global Worthiness

Apr 9, 19:19

Greece and France to Discuss Defense Cooperation Amid Turkish Threats

Greek and French defense ministers will hold expanded talks on Great Monday in Piraeus, visiting the French frigate Alsace, to discuss defense equipment, the strengthening of the Greek defense industry, and the Crete-Cyprus electricity interconnection, with a focus on countering Turkish threats.

Greece and France to Discuss Defense Cooperation Amid Turkish Threats

Greek and French defense ministers will hold expanded talks on Great Monday in Piraeus, visiting the French frigate Alsace, to discuss defense equipment, the strengthening of the Greek defense industry, and the Crete-Cyprus electricity interconnection, with a focus on countering Turkish threats.

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Peace, Justice, and Strong Institutions

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How does the planned discussion of the European rearmament initiative and potential Meteor missile transfers to Turkey affect the broader geopolitical landscape?

The talks will also cover the European initiative for member states' rearmament, with Greece emphasizing that countries illegally occupying European territories and disregarding international law cannot be part of a common European defense, implicitly referring to Turkey. This stance will likely extend to potential Meteor missile transfers to Turkey, highlighting Turkish revisionism and the threat it poses to Greece.

kathimerini.gr

🌐 75% Global Worthiness

Apr 9, 10:13

Greece Faces Fiscal Constraints on 2026 Tax Cuts

Greece's 2026 tax cut plans face significant limitations due to EU fiscal commitments and the heavy reliance of the national budget (60% in 2023) on VAT and personal income tax, restricting the scope for substantial reductions to a few hundred million euros.

Greece Faces Fiscal Constraints on 2026 Tax Cuts

Greece's 2026 tax cut plans face significant limitations due to EU fiscal commitments and the heavy reliance of the national budget (60% in 2023) on VAT and personal income tax, restricting the scope for substantial reductions to a few hundred million euros.

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What are the main obstacles preventing Greece from implementing significant tax cuts in 2026?

Greece faces constraints on significant tax cuts in 2026 due to EU commitments and the high reliance of its budget on VAT and personal income tax. The government is limited to a few hundred million euros for tax adjustments next year, hindering substantial changes to personal income tax.

kathimerini.gr

🌐 75% Global Worthiness

Apr 9, 10:13

Greek University Investigation Uncovers 18-Year Fraud

An investigation by Greece's National Transparency Authority revealed that an individual, "K", lacking a required degree, worked as a part-time lecturer and researcher at a Northern Greece university from 2005-2020, facilitated by a relative in a high-ranking position; "K" received payments totaling...

Greek University Investigation Uncovers 18-Year Fraud

An investigation by Greece's National Transparency Authority revealed that an individual, "K", lacking a required degree, worked as a part-time lecturer and researcher at a Northern Greece university from 2005-2020, facilitated by a relative in a high-ranking position; "K" received payments totaling...

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Quality Education

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How did the close familial relationship between "K" and a high-ranking university official contribute to his unlawful employment and research contracts?

K"'s employment was enabled by a biased selection process influenced by a close relative holding a high-ranking position within the institution. This relative also participated in approving "K"'s teaching assignments, violating impartiality principles. "K" also conducted research work from 2005-2020, receiving payments totaling €87,360 from the institution's Special Research Fund Account (ELKE).

kathimerini.gr

🌐 75% Global Worthiness

Apr 9, 10:13

Greek General Strike Disrupts Transportation, Highlights Economic Concerns

A 24-hour general strike in Greece on April 9th, organized by GSEE and ADEDY, severely disrupts public transportation, impacting metro, tram, bus services, and causing cancellations for trains and ferries. The strike addresses wage increases, collective bargaining, and cost-of-living issues.

Greek General Strike Disrupts Transportation, Highlights Economic Concerns

A 24-hour general strike in Greece on April 9th, organized by GSEE and ADEDY, severely disrupts public transportation, impacting metro, tram, bus services, and causing cancellations for trains and ferries. The strike addresses wage increases, collective bargaining, and cost-of-living issues.

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Decent Work and Economic Growth

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What are the immediate consequences of the 24-hour general strike in Greece on April 9th?

A 24-hour general strike is taking place across Greece on April 9th, impacting transportation and other sectors. Organized labor is demanding wage increases, collective bargaining agreements, and measures to address inflation and the housing crisis. Public transportation will operate with significant restrictions, with limited hours for metro, tram, and bus services.", "The strike involves major labor unions and federations, encompassing both public and private sectors. Key demands include salary increases, reinstatement of 13th and 14th-month salaries in the public sector, and measures to tackle the rising cost of living and housing shortage. The action demonstrates widespread worker discontent and highlights socioeconomic challenges in Greece.", "This strike signifies a significant escalation of social and economic tensions in Greece, potentially influencing future labor relations and government policies. The widespread participation underscores the severity of concerns around inflation, the housing crisis, and insufficient worker protections. The limited operation of public transportation could have far-reaching consequences for businesses and daily life in Greece.", Q1="What are the immediate consequences of the 24-hour general strike in Greece on April 9th?", Q2="What are the key demands of the Greek labor unions participating in the strike, and how do these reflect broader economic and social concerns?", Q3="What are the potential long-term implications of this strike for labor relations, government policies, and the overall economic climate in Greece?", ShortDescription="A 24-hour general strike in Greece on April 9th, organized by GSEE and ADEDY, severely disrupts public transportation, impacting metro, tram, bus services, and causing cancellations for trains and ferries. The strike addresses wage increases, collective bargaining, and cost-of-living issues.", ShortTitle="Greek General Strike Disrupts Transportation, Highlights Economic Concerns"))

kathimerini.gr

🌐 85% Global Worthiness

Apr 8, 01:13

Greek Government Accused of Suppressing Tempi Train Tragedy Investigation

Maria Karystinou, president of the Tempi train tragedy victims' association, accuses the Greek government of suppressing information and spending €4.5 million on the EOODSAAM report and an additional €1.5 million on a public relations campaign to manage public dissatisfaction, prompting a Supreme Co...

Greek Government Accused of Suppressing Tempi Train Tragedy Investigation

Maria Karystinou, president of the Tempi train tragedy victims' association, accuses the Greek government of suppressing information and spending €4.5 million on the EOODSAAM report and an additional €1.5 million on a public relations campaign to manage public dissatisfaction, prompting a Supreme Co...

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Peace, Justice, and Strong Institutions

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What specific actions has the Greek government taken to influence the Tempi train tragedy investigation, and what are the immediate consequences of these actions?

Maria Karystinou, president of the Victims' Association of the Tempi train tragedy, questions the handling of the investigation. She alleges that information contradicting the government's narrative is suppressed, citing the €4.5 million cost of the EOODSAAM report and rumors of an additional €1.5 million spent on countering public dissatisfaction. She calls for accountability regarding the use of public funds.

kathimerini.gr

🌐 85% Global Worthiness

Apr 9, 19:19

EU Pharmaceutical Stocks Plummet on US Tariff Threat

The threat of new US tariffs on pharmaceutical imports caused a significant drop in European and Indian pharmaceutical stocks, prompting warnings of a 'flight risk' to the US and leading EU pharmaceutical companies to request immediate policy changes from the EU President to prevent billions of euro...

EU Pharmaceutical Stocks Plummet on US Tariff Threat

The threat of new US tariffs on pharmaceutical imports caused a significant drop in European and Indian pharmaceutical stocks, prompting warnings of a 'flight risk' to the US and leading EU pharmaceutical companies to request immediate policy changes from the EU President to prevent billions of euro...

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Good Health and Well-being

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What is the immediate impact of President Trump's threat to impose further tariffs on pharmaceutical imports?

Pharmaceutical companies in the EU are warning of a "flight risk" to the US due to President Trump's threat of new tariffs on drug imports. European and Indian pharmaceutical stocks fell sharply on Wednesday following the announcement, with the Stoxx 600 index dropping 2.3% at the open.

kathimerini.gr

🌐 85% Global Worthiness

Apr 9, 19:19

Meloni to Meet Trump Amidst EU Divisions Over US Tariffs

Italian Prime Minister Giorgia Meloni will meet with US President Donald Trump on April 17 in Washington, becoming the first European leader to meet Trump in the White House after the announcement of new US tariffs; this visit has caused friction with some EU members concerned about fractured negoti...

Meloni to Meet Trump Amidst EU Divisions Over US Tariffs

Italian Prime Minister Giorgia Meloni will meet with US President Donald Trump on April 17 in Washington, becoming the first European leader to meet Trump in the White House after the announcement of new US tariffs; this visit has caused friction with some EU members concerned about fractured negoti...

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Partnerships for the Goals

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What is the significance of Meloni's meeting with Trump, given the recent US tariff announcements?

Italian Prime Minister Giorgia Meloni will meet with US President Donald Trump in Washington on April 17. This meeting follows Meloni's attendance at Trump's inauguration, making her the only European leader present. The meeting is significant as it's Trump's first with a European leader since the announcement of new US tariffs.

kathimerini.gr

🌐 75% Global Worthiness

Apr 9, 10:13

Masoutis to Acquire Anedik Kritikos, Reshaping Greek Supermarket Landscape

Masoutis will acquire Anedik Kritikos, a Greek supermarket chain, creating a €2 billion turnover entity and reshaping the Greek grocery market by 2026; this follows a period of smaller acquisitions and reflects broader industry trends towards franchising and smaller stores.

Masoutis to Acquire Anedik Kritikos, Reshaping Greek Supermarket Landscape

Masoutis will acquire Anedik Kritikos, a Greek supermarket chain, creating a €2 billion turnover entity and reshaping the Greek grocery market by 2026; this follows a period of smaller acquisitions and reflects broader industry trends towards franchising and smaller stores.

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Decent Work and Economic Growth

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How has the post-pandemic economic climate influenced the recent merger and acquisition activity in the Greek supermarket sector?

The Masoutis-Anedik Kritikos merger reflects broader trends in the Greek supermarket sector: increased franchising and the rise of smaller sales points. This consolidation is likely a response to economic pressures, such as rising operational costs and decreased sales volumes following the pandemic and energy crisis.

kathimerini.gr

🌐 75% Global Worthiness

Apr 9, 10:13

Greek Economy to Grow 2.3% in 2025 Despite US Tariff Risks

The Bank of Greece's annual report forecasts 2.3% Greek economic growth in 2025 despite US tariff risks potentially causing a global trade war and impacting investment, while highlighting the need for continued reforms to boost competitiveness and attract foreign investment.

Greek Economy to Grow 2.3% in 2025 Despite US Tariff Risks

The Bank of Greece's annual report forecasts 2.3% Greek economic growth in 2025 despite US tariff risks potentially causing a global trade war and impacting investment, while highlighting the need for continued reforms to boost competitiveness and attract foreign investment.

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How might the indirect effects of a global trade war, triggered by US tariffs, affect the Greek economy and its growth trajectory?

Increased global uncertainty, stemming from US tariffs, poses risks to the Greek economy, potentially impacting investment and growth through reduced demand for Greek goods and services. The report highlights the difficulty in quantifying these impacts due to various unpredictable factors.

kathimerini.gr

🌐 55% Global Worthiness

Apr 9, 13:20

Greek "My Home" Program Fuels Housing Price Surge in Athens and Thessaloniki

Increased demand from the second cycle of Greece's "My Home" program resulted in a significant rise in housing asking prices during Q1 2025, with Athens city center (11.8%, "2,317 euros/sq.m") and Thessaloniki (12.6%, "2,558 euros/sq.m") experiencing the largest increases.

Greek "My Home" Program Fuels Housing Price Surge in Athens and Thessaloniki

Increased demand from the second cycle of Greece's "My Home" program resulted in a significant rise in housing asking prices during Q1 2025, with Athens city center (11.8%, "2,317 euros/sq.m") and Thessaloniki (12.6%, "2,558 euros/sq.m") experiencing the largest increases.

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Reduced Inequality

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What is the impact of the "My Home" program's second cycle on housing prices in Athens and Thessaloniki?

During the first quarter of 2025, Athens city center and Thessaloniki municipality saw the highest increase in housing asking prices, reaching "2,317 euros/sq.m" and "2,558 euros/sq.m", respectively. This 11.8% and 12.6% rise is attributed to the second cycle of the "My Home" program, increasing demand for eligible properties.

kathimerini.gr

🌐 75% Global Worthiness

Apr 8, 07:13

Greece Suspends Criminal Prosecutions for Citizens with Regulated Public Debt

The Greek government will suspend criminal prosecutions for individuals with public debt who have payment arrangements; prosecution is suspended during the plan and eliminated upon full repayment, aiming to help citizens and improve debt collection.

Greece Suspends Criminal Prosecutions for Citizens with Regulated Public Debt

The Greek government will suspend criminal prosecutions for individuals with public debt who have payment arrangements; prosecution is suspended during the plan and eliminated upon full repayment, aiming to help citizens and improve debt collection.

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What are the potential long-term economic implications of this policy on debt collection and public finances in Greece?

The long-term impact of this policy will likely be observed in improved debt collection rates. By removing the threat of criminal prosecution for those actively participating in payment plans, the government aims to incentivize compliance and reduce the overall burden of non-performing loans. This could lead to reduced strain on the Greek public finances and greater economic stability.

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