Food and fuel eating up to 45% of family incomes
The price hikes triggered by the conflict in Ukraine are spreading to more product categories in the local market.
The price hikes triggered by the conflict in Ukraine are spreading to more product categories in the local market.
With speculation about the short- and long-term impact of the war in Ukraine running rampant, the Greek government is taking action to shield the country from possible shortages, not just in energy but in food as well.
The government is drafting a number of war scenarios for the national economy in cooperation with the European institutions, as the conflict continues in Ukraine and the uncertainty that comes with it is growing at the expense of fiscal stability, citizens’ incomes and the government’s political outlook.
US Under Secretary of State for Political Affairs Victoria Nuland will visit Turkey, Greece and Cyprus in the coming days.
The Eastern Mediterranean can provide Europe with 15-16% of its annual imports of natural gas from Russia, according to Cyprus’ former foreign minister, Nikos Christodoulides.
Olympiakos needs another 11 points in the seven remaining games of the Super League play-offs to clinch the title after drawing with AEK at home as PAOK lost at Panathinaikos on Sunday.
Prime Minister Kyriakos Mitsotakis has made it clear: The government has a year and a half before the general elections.
Olympiakos retained its European crown in women’s water polo winning its second LEN Euroleague in a row, and third overall, on Sunday.
It’s always hard to see the big picture during a crisis that’s still unfolding, just as it’s difficult to remember some of history’s most fundamental lessons.
Cyprus’ Deputy Minister of Shipping Vassilis Demetriades said on Friday that the country’s supply chain is not expected to be significantly affected by the war in Ukraine and that, for now, the situation is manageable.