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The Commission accepted Mitsotakis’ proposal – The energy task force from South-Eastern Europe starts
Focus on security of supply, electricity price inequalities and interconnections - First pan-European plenary in September
Middle East: Escalating tensions spark fears of an energy shock – Alarm in the EU & Athens
Visible risk of "ignition" of the global energy market, 40% rise in today's prices on the energy exchange - Greece asks for measures from the Commission to put a brake on a new price rally
How real is Iran’s threat to close the Strait of Hormuz? Analysts are divided, speaking of a “global shock” or a “self-inflicted wound” for Tehran
In the shadow of its military conflict with Israel, Iran is brandishing the threat of "blocking" one of the most strategic passageways for international energy trade — the Strait of Hormuz. Analysts weigh the consequences, while many believe Tehran ultimately won't follow through
Monaco has been blacklisted by the EU for money laundering alongside countries such as Syria and Myanmar
The EU added Venezuela to the list, but removed the UAE and Gibraltar - Once again Russia is absent - The whole list
Ursula von der Leyen presented the 18th package of sanctions against Russia
Commission proposal targets Russia's energy and financial sectors - "Russia does not want peace, power is the only language it understands" said the Commission President
Half a billion from defense spending freed up for benefits – Outcome of Athens-Brussels negotiations
Half a billion euros in defense spending is being repurposed to create fiscal space for new benefits. This amount will be added to the budget margin expected to open up toward the end of this year, allowing the government to finance permanent support measures and tax cuts
US 50% tariffs on steel and aluminium imports in force – International reactions and implications
Donald Trump has doubled tariffs on steel and aluminum imports, triggering global backlash and concerns over a trade war, order cancellations, and price hikes in the U.S.
