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25
Dec 2025
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BP sells 65% of Castrol for $6 billion and shifts its strategy

The sale marks a turning point for BP as the British group moves away from its previous 'green' strategy

Wave of bankruptcies in Germany: Which businesses are hit hardest

The number of corporate bankruptcies in Germany during the first three months of 2025 is the highest recorded in the past eleven years

Greek Tax Authority to step up scrutiny of suspicious bank transfers and investment transactions from the New Year

Tax authorities tighten oversight as financial institutions face pressure to disclose high-risk transactions

US announces tariffs on microchips imported from China from 2027

To date, these products have been imported into the United States with zero tariffs, which, according to the US side, has disproportionately favoured Chinese industry at the expense of US industry.

Ryanair fined €256 million by Italy for abusing dominant market position

The airline’s aim was to hinder ticket sales through online travel agencies in favor of its own website

Decrease in container traffic in Piraeus, upward trends in other European ports of COSCO

The return of the Suez and Red Sea routes is expected to revive activity at the country's largest port

Saks in the shadow of bankruptcy – In a difficult position despite raising billions

Accounting losses exceeding one billion dollars for bondholders following the merger with Neiman Marcus – By December 30, the luxury brand group must repay over $100 million in maturing debt

Properties linked to Jackie O’ Bar Mykonos face foreclosure procedures

The 5-star complex under construction near Super Paradise beach and the luxury maisonette in Aleomantra are scheduled to go up for auction on January 21, 2026- The first offer prices with...many zeros, the history and the faces of the legendary Jackie O' Bar

Property purchases by foreign buyers down 23.9% over nine months

Golden Visa is also down with November recording the lowest numbers this year after August

Japan to restart the world’s largest nuclear power plant, 15 years after the Fukushima disaster

The Kashiwazaki-Kariwa nuclear power plant was closed, along with dozens of others, after the 2011 tragedy - The plant is operated by TEPCO, the company that also operated the Fukushima plant, a fact that heightens residents' concerns

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