The EU Summit recognized the need for coordinated European responses to high energy prices, but the proposed solutions remain inadequate and may sustain dependence on fossil fuels without bringing about structural changes in costs. #Ενέργεια #ΕΕ #Οικονομία (translated)
Chris Avramidis wrote that 1,500 artisanal bakeries closed within three years, of which 1,200 for economic reasons. He cited the president of the Professional Chamber, who, according to him, stated that more bakeries had closed than during the Occupation. He added that professionals claimed their energy costs had increased by 40%. Avramidis noted that the four largest energy groups had shown operational profitability exceeding 1 billion euros in terms of EBITDA in 2025 from energy production, trading, and supply activities. He mentioned that he asked the government if it planned to intervene in the market and the profits of the groups to reduce costs for small businesses. According to Avramidis, government spokesman Pavlos Marinakis referred to the greatest energy crisis in history, previous state interventions, and the taxation of windfall profits, while stating that retail electricity prices in Greece were lower than the European average. Avramidis stated that he raised the question of how the closure of small businesses coexisted with the high profitability of energy groups, asking for a specific new measure for bakeries. In his account, Marinakis responded again referencing already implemented measures, fixed household tariffs, and comparatively low electricity prices in Greece, without announcing new support for bakeries. Avramidis argued that the government response did not address the issue of small businesses and that the energy crisis had different consequences for small professionals and large groups. He said that for the former it could mean closure, while for the latter it coexisted with profits of hundreds of millions of euros. #ενεργειακήκρίση #οικονομία #φούρνοι (translated)
The Christmas bonus of 500 euros will be paid on December 16, 2027, to the beneficiaries, including mayors, salaried deputy mayors, and regional governors, according to the bill of the Ministry of National Economy. #ΕπίδομαΧριστουγέννων #ΔημόσιοςΤομέας #Δικαιούχοι (translated)

Alexander Itimoudis argued that Greece had entered a period of reorganization of its military machine due to the increased threat from Turkey. He linked the effort to rationalize tax collection with the need to fund the development of the Greek defense industry. According to him, Turkey had a larger military industry and continued to invest in it, even at the expense of its citizens' living standards. He mentioned that the external debt of the two countries was 590 billion and 564 billion respectively, but that Turkey's debt corresponded to a smaller percentage of GDP due to its larger economy. He added that a country must be able to mobilize resources, borrow, and produce military material to respond to a potential conflict. Itimoudis stated that since Greece was still not competing with Turkey in numbers, it was investing in qualitative force multipliers. These included the Air Force and Navy, satellite data, and system interoperability through the "Achilles Shield," digitization in Belhara frigates and F-35s, exercises with Israel and Egypt, as well as cooperation in the field of intelligence with Israel and the acquisition of systems such as Spike NLOS and Spice. He also emphasized that, in his opinion, a country should be able to transfer expertise between the political sector and the military industry. He argued that Greece remained trapped in small businesses that were not innovative and in economic activities such as catering and tourism, which he deemed inadequate for resource mobilization in the event of a conflict. According to Itimoudis, Greece's actions since 2019 aimed to address the growing power disparity with Turkey. He said that rapid structural changes were required but faced intransigence both within and outside the state, and he urged readers to calmly confront what they heard and read, arguing that it did not reflect the actual situation. #Ελλάδα #Τουρκία #ΠολεμικήΒιομηχανία (translated)
The author of the post wrote that the new change would create outlets for citizens and would strengthen democracy against opacity, nepotism, and the arbitrariness of power. Regarding the economy, he mentioned rising prices and monopolies, before providing a link. https://t.co/iW6RDyHDuE #Δημοκρατία #Οικονομία #Διαφάνεια #GR (translated)
The author wrote that the new change would open the way for democracy, against opacity, lack of meritocracy, and the arbitrariness of power. Regarding the economy, he mentioned that it would be a response to rising prices and monopolies, before providing a link. https://t.co/pScB9wD41c #δημοκρατία #οικονομία #διαφάνεια #GR (translated)
The Cyprus Consumers Association expresses concerns about the effectiveness of the implementation of the zero VAT, denouncing price increases and the inadequate transfer of benefits to consumers. #Καταναλωτές #ΦΠΑ #Οικονομία (translated)
The state budget for 2027 amounts to €14.4 billion and includes significant infrastructure projects for roads, schools, and public buildings in Cyprus, such as the construction of the new Cyprus Museum and the Nicosia Court House. #Οικονομία #Υποδομές #Κύπρος (translated)
I choose social liberalism. In his greeting to the representatives of Messinia, Antonis Samaras spoke of a particularly difficult situation, emphasizing that small and medium-sized enterprises, although they constitute the "backbone" of the Greek economy, are facing a structural and deep crisis. #Σαμαράς #ΜμΕ #ΚοινωνικόςΦιλελευθερισμός (translated)
The deadline for submitting the declarations of source of wealth for 2026 ends on November 3, with an obligation for about 300,000 taxpayers to carefully check the submitted data before finalization. #ΠόθενΈσχες #Δηλώσεις #Οικονομία (translated)

The author of the post mentioned that he was in Bangkok for days filled with meetings, discussions, and international contacts. He wrote that the major challenges of the global economy were at the center of contacts with the IMF, the Atlantic Council, and CNN, and argued that changes in the world required bold decisions and strong partnerships. https://t.co/UEoirCvrHc #Μπανγκόκ #ΠαγκόσμιαΟικονομία #ΔιεθνείςΣχέσεις #TH #GR #US (translated)
Households in Cyprus are facing a triple blow to their family budget due to increases in fuel, electricity and water bills, as well as housing costs, leading to intense pressure on their basic needs. #οικονομία #Κύπρος #νοικοκυριά (translated)
The president wants to use this 60-day period to analyze, in some way, the effects of sanctions and tariffs on the global economy, as well as on the American economy," Rubio said before departing for a visit to Uzbekistan and India. #Ρωσία #κυρώσεις #Διπλωματία (translated)
The Minister of Social Cohesion and Family, Domna Michailidou, announced the extension of the relocation program to remote islands. #Οικονομία #Μετεγκατάσταση #Επιδόματα (translated)
The Minister of Social Cohesion and Family, Domna Michailidou, announced the extension of the 10,000 euro allowance for permanent settlement in border areas and islands during the third phase of the relocation program. #Οικονομία #Μετεγκατάσταση #Επιδόματα (translated)

Entimos wrote that European leaders would soon face the consequences that, as he said, they had created themselves. He urged them to stop funding corruption in Ukraine and to take care of their people, education, wages, inflation, and pensions. https://t.co/xnrlmKA2Tu #Ευρώπη #Διαφθορά #Οικονομία (translated)
The pensions for November 2026 will be paid earlier due to the holiday on October 28, with payments being made in two phases according to the announcement of e-EFKA. #Συντάξεις #Οικονομία #28ηΟκτωβρίου (translated)

EY's research highlights the serious risks threatening Greece's investment potential, despite the increased resilience of the economy and positive prospects, warning of geopolitical instability and other macroeconomic challenges. #Οικονομία #Επενδύσεις #Κίνδυνοι (translated)

The author of the post argued that government inaction was costing households 1 billion euros per year. He mentioned that the seven-year delay in the development of energy storage infrastructure favored the fossil fuel cartel, while the cost was borne by consumers. https://t.co/FpMTQMFwce #ενέργεια #οικονομία #καταναλωτές #GR (translated)
The draft law for red loans promotes new measures that limit excessive interest demands and impose ceilings on debts, aiming for better regulation of borrowers' obligations. #κόκκινάντανα #οικονομία #ιδιωτικόχρέος (translated)
