Hungary and Slovakia on Monday opposed a planned European Union ban on Russian gas imports, though Brussels is expected to propose the law on Tuesday, which could pass without their approval.
Prime Minister Kyriakos Mitsotakis met on Tuesday with Microsoft’s Executive Vice President and Chief Commercial Officer, Judson Althoff, and senior executives of the company in Athens.
The floating natural gas storage and regasification unit (FSRU) in Alexandroupolis, northern Greece, will gradually resume operations with the necessary backup systems in place, said Kostis Sifnaios, Vice President and CEO of Gastrade, the company which operates the unit.
High temperatures, overcrowding and peak-season prices are driving foreign visitors away from Greece’s traditional July-August peak season and iconic destinations like Mykonos and Santorini.
Concerns of a new energy crisis in Europe are growing as tensions in the volatile Middle East escalate and critical energy infrastructure for supplying the global market is at the heart of the Israeli-Iranian conflict.
The yield spread of their 10-year bonds with the German 10-year bunds has fallen below 1%.
From 2020 to 2024, the average salary in Greece – as reflected in the statistics of the “Ergani” system – increased by 28%. During the same period, however, income tax skyrocketed by 118%.
The Ministry of National Economy and Finance estimates that the budget is on track to achieve the goals of the updated medium-term program, for a primary surplus of 3.2% of GDP, based on the January-May execution data released on Monday.
As the child of Greek migrants to the United States, California Lieutenant Governor Eleni Kounalakis is particularly sensitive on immigration issues.