Economy
Greece has announced plans to repay part of the financial assistance it received from its European partners ahead of schedule, signaling continued confidence in the country’s economic recovery after more than a decade of financial challenges. Government spokesperson Pavlos Marinakis confirmed......
Greece has announced an agreement with Qatar to strengthen cooperation in key strategic sectors, including trade, energy, and defence, further expanding bilateral relations established in 2024. The announcement followed a meeting in Athens between Greek Prime Minister Kyriakos Mitsotakis and Qatar’s......
Italy is on track to become the most indebted country in the eurozone, surpassing Greece for the first time in years, according to recent fiscal projections. Estimates suggest that Italy’s public debt will peak at around 138.6% of its gross domestic product (GDP) in 2026, slightly above Greece’s......
The government of Greece has proposed extending the mandate of central bank governor Yannis Stournaras, according to an official statement released on Wednesday. Stournaras, who has led the Bank of Greece since 2014, is also a member of the Governing Council of the European Central Bank. His current......
Greece’s banking sector has made significant progress since the financial crisis of the early 2010s, but challenges remain when it comes to financing economic growth, according to a recent blog analysis by economists from the European Central Bank. After years of instability, Greek banks have......
Greece and Malta have pushed back against a proposed European Union ban on maritime services for Russian oil shipments, citing concerns about the impact on Europe’s shipping sector and energy prices. The objections were raised during a meeting of EU ambassadors held days after the European Commission......
Iraq’s Transport Ministry announced that Aegean Airlines, based in Greece, has become the first European airline in 35 years to land at Baghdad International Airport. The ministry described the flight as a turning point that marks Iraq’s reintegration into the European aviation network and......
Morocco has strengthened its foothold in the German citrus market, posting record shipments of mandarins and clementines during the 2024/2025 export season. Trade data indicate that the country is moving beyond its traditional destinations and consolidating its position in Europe’s largest economy,......
France is grappling with an escalating sovereign debt crisis that threatens to destabilize the eurozone's second-largest economy as political turmoil compounds the government’s challenges. Prime Minister François Bayrou faces a critical confidence vote on Monday that could lead to his......
London-based Energean PLC divests Egyptian, Italian, and Croatian portfolios in a $945 million deal, aiming to sharpen its focus on Moroccan assets. In a strategic move poised to reshape its global footprint, Energean PLC, headquartered in London, has announced the sale of its portfolios in Egypt, Italy,......
Amid tightening Western sanctions in response to Russia's military actions in Ukraine, the country has sought alternative pathways to sustain its economic activities, particularly in oil exports and technology imports. In this challenging environment, an unexpected ally has emerged in the form of......
