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Energy crisis: European Commission rejects fiscal easing — what applies to the escape clause
Despite serious challenges, the Commission is putting the brakes on scenarios of fiscal loosening, stressing that any fiscal measures adopted must remain consistent with the net expenditure growth paths set by the Council
Strait of Hormuz: Third Dynacom vessel owned by Giorgos Prokopiou crosses the war zone
The tanker Marathi, about 900 feet long and carrying roughly 1 million barrels of Saudi crude oil, was spotted on Thursday near the Indian port of Sikka, according to vessel tracking data and port information reported by Bloomberg
Vertical Corridor: Decision time for the “restart” of the project
The Commission's microscope on the new methodology of the Operators - Aiming to reduce costs and restore commercial interest
Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing
Continued tension in the Middle East pushed crude to a new high of nearly 6%, with markets worried about new supply disruptions and prolonged energy instability
IMF: Scenarios for new country funding due to War – World Bank on alert
The International Monetary Fund (IMF) is examining potential scenarios for supporting countries as the war drives up energy costs, strains public finances, and increases risks to global growth – Damages to critical infrastructure are also a concern for the World Bank
Recovery Fund: Green light from the Commission for a new tranche of €1.18 billion to Greece, 68.5% of total disbursements
Greece has completed 20 milestones and 6 targets to secure the seventh payment - The period until August for the last installments is crucial
