IMF BLASTS EU: Energy Aid “Misses the Target” as Billions Go to Waste
Brussels under pressure as costly, untargeted subsidies risk straining public finances and distorting markets
Brussels under pressure as costly, untargeted subsidies risk straining public finances and distorting markets
Athens strengthens its role as an energy hub through the LNG vertical corridor amid global instability and shifting geopolitical dynamics
“Travel receipts exceeded €1 billion in just two months, confirming strong momentum for Greek tourism” – Bank of Greece data_
The Independent Commission for the Reform of International Corporate Taxation (ICRICT), co-chaired by Nobel Prize-winning economist Joseph Stiglitz, is calling for governments to impose a windfall tax on extraordinary profits made by energy companies amid rising geopolitical tensions and surging energy prices linked to the Middle East crisis.
Tourism contributed 21% to Greece’s GDP in 2025; performance this year hinges on Middle East developments, traveler income, and seasonal extensions.
War, fuel costs & ship redeployments shake up cruising — travelers and ports brace for impact