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Monday
12
Oct 2026
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Athens 19°C

> Economy

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Crew abandonment a scourge: Record in 2025 with 6,223 sailors and the “shadow fleet” in focus

Ships with opaque ownership structures, inadequate insurance, and flags of convenience are increasingly involved in cases of crew abandonment, leaving seafarers unpaid and stranded for months

No more virtual invoices: Real-time VAT monitoring is coming

Mandatory implementation of electronic invoicing for businesses starts tomorrow – 200% “bonus” tax deduction

Historic opportunity for Greek agri-food products from the EU–India agreement – Tariffs on olive oil reduced to zero

The trade agreement also brings major de-escalation for wine and spirits, drastically reducing entry barriers and strengthening export prospects for Europe & Greece

USA: Gold and silver prices plummet after Kevin Wears is chosen to lead the Fed

The markets believe that a more conventional candidate

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