Tag #Greece

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kathimerini.gr

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May 30, 13:14

Greece Implements Reverse Gas Flow Strategy, Diversifying Energy Sources in Southeastern Europe

Greece launches a reverse natural gas flow strategy through the "Vertical Corridor," enabling gas to flow south to north from its terminals in Revithoussa and Alexandroupolis to Bulgaria, Romania, and potentially further into central and eastern Europe, aiming to diversify gas sources and reduce rel...

Greece Implements Reverse Gas Flow Strategy, Diversifying Energy Sources in Southeastern Europe

Greece launches a reverse natural gas flow strategy through the "Vertical Corridor," enabling gas to flow south to north from its terminals in Revithoussa and Alexandroupolis to Bulgaria, Romania, and potentially further into central and eastern Europe, aiming to diversify gas sources and reduce rel...

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Affordable and Clean Energy

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What are the long-term geopolitical implications of Greece's enhanced energy role in the region?

The project, expected to transport 20-25 billion cubic meters of gas annually, will establish Greece as a key player in regional energy independence and enhance its geopolitical role against Turkey. A significant step was the agreement among nine operators for unified transit fees, resolving previous disagreements and ensuring the project's viability.

kathimerini.gr

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May 30, 01:12

Greece to Establish New Consumer Protection Agency

The Greek government will create a new independent consumer protection agency by mid-2026, merging existing bodies to improve market control and combat high prices, mirroring Sweden's model.

Greece to Establish New Consumer Protection Agency

The Greek government will create a new independent consumer protection agency by mid-2026, merging existing bodies to improve market control and combat high prices, mirroring Sweden's model.

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What is the Greek government's plan to address persistent high prices and improve consumer protection?

The Greek government plans to establish a new independent authority for market control and consumer protection, modeled after Sweden's Konsumentverket. This aims to combat overlapping responsibilities and fragmented authority, addressing persistent high prices despite inflation easing. The new agency, operational by mid-2026, will merge existing bodies including the Consumer Ombudsman and market control units.

kathimerini.gr

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May 29, 13:12

Athens Exchange Poised for Developed Market Status Upgrade

The Athens Exchange is poised for an upgrade to developed market status within the next few months, driven by strong market performance (23% increase in 2024, 100% since 2022), record dividends, increased investor interest, and supportive legislation, with at least one rating agency anticipating the...

Athens Exchange Poised for Developed Market Status Upgrade

The Athens Exchange is poised for an upgrade to developed market status within the next few months, driven by strong market performance (23% increase in 2024, 100% since 2022), record dividends, increased investor interest, and supportive legislation, with at least one rating agency anticipating the...

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Decent Work and Economic Growth

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What factors contributed to the improved investor sentiment towards the Greek market?

This upgrade is driven by the significant improvement in investor perception of Greek assets, evidenced by increased international investor participation and record-high trading activity. The Athens Exchange's market capitalization has returned to pre-crisis levels, and listed companies are projected to distribute record-breaking dividends. This positive trend is further supported by successful investment roadshows in New York, Athens, and Warsaw.

kathimerini.gr

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May 29, 13:12

EPPO Holds Exclusive Jurisdiction in EU Financial Crime Cases

The Supreme Court Prosecutor of Greece clarified that the European Public Prosecutor's Office (EPPO) holds exclusive jurisdiction over investigating crimes affecting the EU's financial interests, responding to MP inquiries regarding the OPKEPE case and addressing concerns of inaction and alleged int...

EPPO Holds Exclusive Jurisdiction in EU Financial Crime Cases

The Supreme Court Prosecutor of Greece clarified that the European Public Prosecutor's Office (EPPO) holds exclusive jurisdiction over investigating crimes affecting the EU's financial interests, responding to MP inquiries regarding the OPKEPE case and addressing concerns of inaction and alleged int...

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Peace, Justice, and Strong Institutions

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How does the EPPO's role in the OPKEPE case demonstrate the interaction between national and supranational judicial authorities within the EU?

This statement by the Supreme Court Prosecutor addresses concerns raised by Greek MPs from PASOK and SYRIZA regarding alleged inaction in the OPKEPE case. The statement asserts that the EPPO, including its Greek delegated prosecutors, has sole authority in this matter, having already conducted investigations. This highlights the EPPO's supranational authority within member states.

kathimerini.gr

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May 29, 01:13

Greece Establishes New Market Control Authority to Strengthen Consumer Protection

Greece announced the creation of a new Market Control and Supervision Authority, merging existing bodies to enhance consumer protection, combat unfair practices, and leverage digital tools for market oversight, with expected implementation starting in September 2025.

Greece Establishes New Market Control Authority to Strengthen Consumer Protection

Greece announced the creation of a new Market Control and Supervision Authority, merging existing bodies to enhance consumer protection, combat unfair practices, and leverage digital tools for market oversight, with expected implementation starting in September 2025.

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What are the key objectives and structure of Greece's new Market Control and Supervision Authority, and how will it impact consumer protection and market regulation?

Greece is establishing a new Market Control and Supervision Authority by merging the Consumer Ombudsman, the Inter-Service Market Control Unit, and consumer protection units from the General Secretariat of Trade. This aims to strengthen consumer rights protection and combat unfair practices, creating a unified body for market oversight.

kathimerini.gr

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May 28, 16:13

Greek Police Bust Forgery Lab, Seize 1,145 Fake Travel Documents

Greek authorities busted a forgery lab in Athens, arresting one person and seizing over 1,145 fake travel documents—including 26 passports, 24 IDs, and 85 passport pages—used for migrant smuggling; the operation yielded an estimated €120,000 in illegal profits.

Greek Police Bust Forgery Lab, Seize 1,145 Fake Travel Documents

Greek authorities busted a forgery lab in Athens, arresting one person and seizing over 1,145 fake travel documents—including 26 passports, 24 IDs, and 85 passport pages—used for migrant smuggling; the operation yielded an estimated €120,000 in illegal profits.

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Peace, Justice, and Strong Institutions

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What are the long-term implications of this seizure for combating illegal immigration and transnational crime?

This seizure demonstrates a significant disruption of a sophisticated forgery operation, impacting illegal immigration networks. The scale of the operation, with estimated illegal profits exceeding €120,000, highlights the profitability of such crimes and the need for continued anti-trafficking efforts. Further investigation into the wider network is anticipated.

kathimerini.gr

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May 30, 01:12

Egypt Legally Protects Saint Catherine's Monastery

An Egyptian court ruling on May 28th protects Saint Catherine's Monastery from seizure, affirming its religious status and dismissing rumors; the Egyptian government emphasizes its commitment to preserving the monastery and its strong relationship with Greece.

Egypt Legally Protects Saint Catherine's Monastery

An Egyptian court ruling on May 28th protects Saint Catherine's Monastery from seizure, affirming its religious status and dismissing rumors; the Egyptian government emphasizes its commitment to preserving the monastery and its strong relationship with Greece.

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How does this legal decision reflect the broader relationship between Egypt and Greece?

The Egyptian government's swift response to rumors surrounding Saint Catherine's Monastery underscores the importance of its religious and historical significance to both Egypt and Greece. The court decision solidifies the monastery's legal protection, reflecting a commitment to preserving strong bilateral relations.

kathimerini.gr

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May 30, 13:14

Greek Tax Exemptions on Primary Residences: Eligibility, Amounts, and Digitalization

Greece offers tax exemptions on primary residence purchases up to €200,000 for singles and €250,000 for couples, increasing with disability and children, impacting the housing market; digital declarations are made via myPROPERTY.

Greek Tax Exemptions on Primary Residences: Eligibility, Amounts, and Digitalization

Greece offers tax exemptions on primary residence purchases up to €200,000 for singles and €250,000 for couples, increasing with disability and children, impacting the housing market; digital declarations are made via myPROPERTY.

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How do the tax exemption thresholds differ based on marital status, disability, and number of children?

Tax exemption thresholds vary depending on marital status and disability. For instance, single buyers are exempt up to €200,000, while married couples are exempt up to €250,000; these amounts increase with disabilities and children. The exemption also includes parking and storage spaces up to 20 sq.m. within the same property. These provisions aim to stimulate the housing market and support homeownership.

t24.com.tr

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May 29, 07:13

EU Launches €150 Billion Defense Fund Amidst Geopolitical Uncertainty

The European Union launched the €150 billion European Security Action (SAFE) on May 29th to bolster joint defense procurement among member states, driven by concerns about Russia and wavering US commitments; participation is open to other European countries and some third countries under conditions,...

EU Launches €150 Billion Defense Fund Amidst Geopolitical Uncertainty

The European Union launched the €150 billion European Security Action (SAFE) on May 29th to bolster joint defense procurement among member states, driven by concerns about Russia and wavering US commitments; participation is open to other European countries and some third countries under conditions,...

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What is the immediate impact of the EU's European Security Action (SAFE) program on European defense capabilities and cooperation?

The European Union launched the European Security Action (SAFE) program on May 29th, a €150 billion fund aiming to boost defense capabilities among member states through joint procurement. This initiative is partly driven by concerns about potential Russian aggression and wavering US security commitments. The program also allows participation from other European countries and selectively from third countries under certain conditions.

kathimerini.gr

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May 29, 13:12

Greece Launches New Personal Number System on June 3rd, 2025

Greece will launch a new Personal Number (PA) system on June 3rd, 2025, replacing multiple IDs (AFM, AMKA, etc.) with a single 12-digit number for all citizens; it will improve government service efficiency, reduce citizen inconvenience, and correct registry errors, benefiting over 2 million people.

Greece Launches New Personal Number System on June 3rd, 2025

Greece will launch a new Personal Number (PA) system on June 3rd, 2025, replacing multiple IDs (AFM, AMKA, etc.) with a single 12-digit number for all citizens; it will improve government service efficiency, reduce citizen inconvenience, and correct registry errors, benefiting over 2 million people.

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What is the immediate impact of Greece's new Personal Number system on its citizens?

Greece is launching a new Personal Number (PA) system on June 3rd, 2025, replacing multiple IDs with a single 12-digit number for all citizens with a tax number (AFM) or social security number (AMKA). Citizens will use a government platform to create it, choosing two of the three alphanumeric digits preceding their AFM. The PA will be used for all government services and gradually for private ones.",

kathimerini.gr

🌐 85% Global Worthiness

May 28, 22:13

Germany's Refugee Return Policy and Increased Pressure on Greece

Fourteen refugees recently returned voluntarily from Germany to Greece, initiating a potential reverse migration trend following a German policy shift to reduce secondary migration and increase returns; a German court ruling allows for deportations, while increased arrivals in southern Crete and Gav...

Germany's Refugee Return Policy and Increased Pressure on Greece

Fourteen refugees recently returned voluntarily from Germany to Greece, initiating a potential reverse migration trend following a German policy shift to reduce secondary migration and increase returns; a German court ruling allows for deportations, while increased arrivals in southern Crete and Gav...

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Peace, Justice, and Strong Institutions

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What are the immediate implications of Germany's policy change regarding the return of refugees from Greece?

In recent months, 14 refugees voluntarily returned from Germany to Greece, marking the beginning of a potential reverse migration trend. This follows German Chancellor Merz's statement emphasizing the need to reduce secondary migration from Greece and increase returns.

kathimerini.gr

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May 28, 22:13

Greece's 1974 Oil Announcement: A Gamble Amidst Economic Crisis and Geopolitical Tensions

In 1974, Greece's military junta announced significant oil discoveries in Thasos to address economic instability and shore up its political standing; however, this announcement coincided with Turkey's challenge to Greek territorial waters in the Aegean, escalating tensions and ultimately contributin...

Greece's 1974 Oil Announcement: A Gamble Amidst Economic Crisis and Geopolitical Tensions

In 1974, Greece's military junta announced significant oil discoveries in Thasos to address economic instability and shore up its political standing; however, this announcement coincided with Turkey's challenge to Greek territorial waters in the Aegean, escalating tensions and ultimately contributin...

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How did the international oil crisis of 1973 and OPEC's actions influence the Greek junta's strategy and its relationship with Turkey?

The Greek junta's announcement of significant oil reserves was a strategic move to counter economic woes and maintain power amid rising inflation and political instability. This coincided with Turkey's actions challenging Greek territorial waters in the Aegean Sea, creating a volatile geopolitical situation.

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