The US presence in the Greece, Turkey and the East Med
Since President Trump stepped back into the Oval Office, Greece has been on the lookout for the arrival of a new US ambassador.
Since President Trump stepped back into the Oval Office, Greece has been on the lookout for the arrival of a new US ambassador.
Ever since Greece joined what was then the European Economic Community in January 1981, the bloc’s generous farming subsidies have been used, above all, to keep the farmers happy.
The conservative government is again staring at the prospect of some of its officials facing judicial pursuit, this time for a corruption scandal involving the mismanagement of European Union farming subsidies.
Goldman Sachs has sold three seaside resorts it bought in northern Greece in 2022 at a low price, barely breaking even on the roughly €100 million it had invested in the project, according to the Wall Street Journal on Sunday which cited people familiar with the matter.
Major heat waves across southern Europe have pushed temperatures above 40 C (104 F) in countries including Italy, Spain and Greece, as local authorities issued fresh warnings against the risk of wildfires.
A Greek-managed oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution were reported, a spokesperson for the operator TMS Tankers said on Monday.
One of the pillars of Greek foreign policy regarding the Mediterranean, and also its rivalry with nominal ally Turkey, appears to be crumbling, as the government of Benghazi, one of Libya’s two antagonistic poles of power, appears to be inching toward Turkey.
The National Economy and Finance Ministry will be asked to budget for an end to the growth rate of value-added tax revenues for both 2026 and 2027.
Greek banks are engaging in outward business moves, with acquisitions and partnerships to expand their footprint.
The post-pandemic boom in tourism and catering services in Greece is gradually permeating the once “uninhabitable’” Exarchia district of central Athens, the home of the country’s intellectual left and anarchist movements.