Greece shifting to fixed electricity rates
Greece is moving away from mandatory green electricity tariffs toward fixed-rate plans as energy suppliers adapt to regulatory changes set for 2025.
Greece is moving away from mandatory green electricity tariffs toward fixed-rate plans as energy suppliers adapt to regulatory changes set for 2025.
Greece’s primary surplus is projected to increase to 2.1% of GDP in 2024, up from 1.9% in 2023, and is expected to remain at that level through 2029, according to the International Monetary Fund’s Fiscal Monitor report on global fiscal developments.
Greek businessman Evangelos Mytilineos, president and CEO of Metlen Energy & Metals, was re-elected president of Eurometaux, the EU’s non-ferrous metals industry association.
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan.
Strong revenue growth, mainly stemming from social security contributions and corporate income tax, have been the main driver of Cyprus’ strong fiscal outcomes, which have “improved markedly in recent years,” international ratings agency Morningstar DBRS has said.
Prime Minister Kyriakos Mitsotakis made a pointed political statement during a parliamentary session on the country’s wildfire response on Wednesday, walking out as main opposition SYRIZA’s parliamentary leader Nikos Pappas began his speech.
The Greek bourse recorded a third straight day of price decline on Wednesday.
Greece is set to assume naval command of Operation Aspides, an EU military mission launched in response to missile and drone attacks, since last November, on commercial vessels in the Red Sea by Yemen’s Iran-backed Houthi rebels, who view Israel as an enemy.
Over the past three years, Greece has made significant strides in organ donation, with the number of donors more than doubling.
A team of archaeologists led by Antonis Bartziokas from Democritus University of Thrace has reportedly identified the sacred “chiton” or tunic of Alexander the Great, sending shockwaves through the archaeological community.