> Economy
> Economy
Greece to announce heating oil support within two weeks as it presses Brussels for fiscal leeway
The Greek PM wants the price to open below €1.75 a litre, with diesel subsidies already lifted to 15 cents, while Athens asks the European Commission to exempt temporary support measures from deficit calculations


Europe’s €100 billion winter problem: how the energy crisis is pushing up costs for households and businesses
The European Commission foresees no supply shortages, but Energy Commissioner Dan Jørgensen warned of a difficult season, with Brussels weighing measures to curb transport fuel costs as energy poverty threatens to spread across the bloc
The new 15% transfer tax: How it impacts the luxury real estate market
On September 6, 2026, PM Kyriakos Mitsotakis announced, during his speech at the 90th Thessaloniki International Fair, the government's intention to increase the real estate transfer tax from the current 3% to 15% for buyers from third countries

The two vessels paving the way for the ExxonMobil–Energean drilling operation in the Ionian Sea in 2027
Request submitted to Greek authorities for approval of the deployment of two specialised vessels for support operations for the exploratory drilling

Stournaras: If the quality of institutions improves, Greece can achieve an A rating within three years
Greece may be able to achieve an A credit rating before 2030, provided that it continues to make improvements that strengthen legal certainty, the functioning of the justice system, and investor confidence, the governor of the Bank of Greece emphasized

“A brake” on fuel price hikes thanks to a subsidy in October; new decisions will be made depending on prices
What changes at the pump and when – How support will be determined and what is planned for heating oil

Izzy Englander’s Millennium officially comes to Greece: meeting with Mitsotakis and Pierrakakis
Our aim is for Athens to develop into a strong European hub for investment and international talent, says the Minister of Finance and President of the Eurogroup

Chevron’s seismic surveys in blocks in the Ionian sea, Southern Peloponnese and Southern Crete to begin in December
Blocks in the Ionian Sea, Southern Peloponnese and Crete at the center of U.S. planning – At a dinner with Greek-Americans, the Prime Minister also announced Exxon’s first drilling operation for Spring 2027

