Brussels is reaching again for the tools that helped Europe survive the 2022 gas crisis — storage, demand restraint and coordinated action. But this time the shock is broader: Hormuz, Bab el-Mandeb, constrained LNG supply and, above all, a diesel market already under severe pressure.
New signal from ND MP Angelos Syrigos on Greece’s response to the energy shock: Athens will seek European fiscal flexibility for temporary support measures, as high oil prices put growing pressure on households, transport and the wider economy.
Washington and Beijing agreed on more favorable tariff treatment for $30 billion in “non-sensitive goods” in each direction after the Trump-Xi summit, opening another crack in the trade wall between the world’s two largest economies. China is also committing to buy at least 10 million metric tons of U.S. coal in both 2027 and 2028 — but the crucial battle over rare earths remains unresolved.
Greece’s Health Minister welcomed Samsung Bioepis’ presence in the Greek market through its strategic partnership with Pharmachim, putting the potential benefit for patients at the center of his message. The biosimilar portfolio spans major therapeutic areas from oncology and hematology to ophthalmology and nephrology, while wider biosimilar use can expand access to biological therapies and help health systems use available resources more efficiently.
Kyriakos Mitsotakis is reaffirming Athens’ policy of keeping channels of communication with Ankara open, while drawing a clear red line over “unilateral actions that violate international legality.” Greece, he says, seeks to act as a “bridge-builder, not a troublemaker” at a time when the geopolitical balance in the Eastern Mediterranean is shifting.
Greek Foreign Minister George Gerapetritis and his Turkish counterpart Hakan Fidan held a brief, unscheduled conversation in New York, with communication channels remaining open even as Athens acknowledges that tensions have risen. In the background are the Greece–Cyprus electricity interconnector, the Cyprus issue, energy security and the next phase of Greece–US strategic relations.
Turkey’s president avoids talk of military confrontation and acknowledges Greece’s right to choose its partners. Yet he says Ankara will keep watching any move it believes affects Turkish security and interests.
Athens is preparing to assume the Presidency of the UN Security Council for the second time in October, putting maritime security back at the top of its agenda. With the Red Sea and the Strait of Hormuz emerging as critical pressure points for global trade and energy flows, Foreign Minister George Gerapetritis is calling for freedom of navigation, stronger protection for seafarers and strict adherence to international law.
Greece is preparing for its first offshore exploration well since 1986, with drilling targeted for early 2027. ExxonMobil, Energean and HELLENiQ ENERGY are moving from seismic surveys to the decisive “Asopos-1” test in Block 2, where the prospective target has been estimated at around 270 billion cubic metres of gas — although no commercial discovery has yet been confirmed.
Prices can fall, renewables are expanding and futures markets often point to further easing. But Europe’s energy system has structurally changed: LNG instead of Russian pipeline gas, massive investment in grids and storage, higher security costs and a permanent geopolitical risk premium. The real question is no longer when gas prices will fall again — but whether Europe can ever return to the low-cost energy model of the previous era.
Dozens of delegates walked out as Benjamin Netanyahu took the UN podium. The Israeli prime minister responded by calling them “moral cowards,” defended Israel’s conduct in Gaza and opened new fronts with Recep Tayyip Erdogan, Qatar and New York Mayor Zohran Mamdani. But his speech had another audience far beyond the General Assembly hall: Israeli voters, just weeks before the October 27 election.
Donald Trump welcomed Xi Jinping with military honors, an eagle sculpture, a state dinner rich in historical symbolism and some of America’s most powerful technology executives at the table. The imagery suggested a reset. The substance was more complicated: the trade truce was extended by only two months, Taiwan remains a red line, China’s dominance in rare earths gives Beijing powerful leverage, and the race for artificial intelligence is moving to the heart of the rivalry between the world’s two largest economies.
The drought of 2026 pushed the Rhine and Danube to exceptionally low levels and exposed a critical European vulnerability: rivers are not simply waterways, but part of the continent’s logistics, industrial and strategic-resilience architecture. Brussels is already putting new funding behind inland waterways through the Connecting Europe Facility, as Europe begins to rethink the TEN-T network for an era of climate extremes, war and fragile supply chains.
Within hours, Riyadh saw its strategic East–West Pipeline to the Red Sea struck by drones and the Houthis seize Perim Island inside the Bab el-Mandeb. With the Strait of Hormuz already under pressure, Saudi Arabia is confronting simultaneous risks to the routes designed to keep its oil flowing — while its emerging security architecture with Turkey and Pakistan faces a real-world test.
Speaking on Action 24, Adonis Georgiadis connected three fronts: Kyriakos Mitsotakis’ message to Recep Tayyip Erdogan at the UN, Greece’s deepening strategic relationship with Israel, and the striking reversal in Europe, where Greece’s reform experience is now being discussed in Germany. His warning on the economy was equally clear: geopolitical disorder is once again feeding directly into oil, energy and the cost of living.
Hormuz, the Red Sea, Suez, the Eastern Mediterranean and the Aegean increasingly form a single chain of security, trade and energy — and Athens is seeking to transform Greece's maritime power and geography into strategic leverage.
The Israel-Turkey confrontation is entering a new phase: Benjamin Netanyahu attacked Recep Tayyip Erdogan from the UN podium, linked Ankara to the struggle over Syria and brought Greece and Cyprus into his argument — as a much larger contest for power takes shape across the Eastern Mediterranean.
A hard geopolitical message from New York: Benjamin Netanyahu rejected Damascus’ claims over the Golan Heights, defended Israel’s war against Iran and took aim at Turkey and Qatar, as dozens of delegations walked out of the UN General Assembly hall.
Dialogue with Ankara, but firmly anchored in international law and UNCLOS: Kyriakos Mitsotakis presented Greece at the United Nations as a force for stability in the Eastern Mediterranean, put Cyprus back at the heart of the international-law debate and linked the Aegean, maritime security and regional geopolitics into a single strategic narrative.
A fresh message from Recep Tayyip Erdoğan to Athens, just hours after Kyriakos Mitsotakis declared that Greece “threatens no one, but will accept threats from no one.” The Turkish president insisted that Türkiye and Greece are neighbors and NATO allies, while warning that bilateral relations are “too sensitive and too important” to be turned into campaign material.
2026 is emerging as a landmark year for AKTOR Group: pro forma EBITDA reached €120 million, backlog remains at €4.5 billion, liquidity is strong and a €3 billion investment programme is reshaping the Group. Concessions and PPPs, HELECTOR–THALIS, renewables, energy storage and LNG are creating new sources of recurring earnings, with Chairman and CEO Alexandros Exarchou describing 2026 as a year of “transformational significance.”
