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Aug 2026
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Pierrakakis: We will exhaust every fiscal space so that no one is left unprotected

The four measures announced by the Prime Minister are the beginning of a continuous support effort for as long as the crisis lasts, the Minister of National Economy said in a speech at a forum in Lamia

Iran’s oil windfall amid war with the US & Israel: How it exports up to 2.8 million barrels daily and who keeps buying

According to The Economist, despite the near closure of the Strait of Hormuz and the removal of roughly 15% of global oil supply from the market, Tehran continues to boost its revenues through a complex network of transport and financial transactions

Pierrakakis at Eurogroup: Measures must be fair & effective, with priority for the most vulnerable households and businesses

Today's Eurogroup meeting was held via teleconference instead of the scheduled meeting in Cyprus, which was cancelled due to developments in the Middle East

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

Britain introduces “plug-in” solar panels for homes to tackle the energy crisis caused by the war in Iran

The British government has reached an agreement with Amazon and Lidl – They are easy to install and do not require an electrician

Cyprus: The eight measures announced by Christodoulides on the impact of the war in Iran

The total cost, including existing measures still in place, exceeds €200 million, he said.

OECD lowers Eurozone growth forecast due to the war in the Middle East

The inflation forecast for the eurozone has been raised to 2.6%

Christos Megalou: If Piraeus Bank proceeds with acquisitions, they will be within Greece

Focus on investment banking from Piraeus – interview of the bank’s CEO with Dow Jones Newswires

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