Why is convergence with the Eurozone slow
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Why is convergence with the Eurozone slow

The Greek economy is improving, but convergence with the Eurozone is lagging behind. Per capita GDP reached 68% of the EU average. in 2025, but without exceeding the 2008 level. According to Declan Costello of the European Commission, household purchasing power remains below the pre-crisis levels. Obstacles are the business environment, demographic trends, labour taxation and skills mismatch. The Recovery Fund helped, but Greece will continue to rely on European funds after its expiry in 2026.

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Fears of global energy shock after the collapse of US-Iran talks
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Fears of global energy shock after the collapse of US-Iran talks

The failure of the US-Iran negotiations in Islamabad raises concerns about global energy shock. U.S. Vice President Jay D. Vance left after 21 hours of talks on April 12, accusing Tehran of refusing to abandon the nuclear program. Tankers remain trapped in the Persian Gulf, while oil prices were set at $94.26 a barrel (Brent). The war began on February 28 with American-Israeli raids, while Israel continues attacks on Lebanon. Governments are concerned about inflation and interest rate increases, with social unrest erupting in Ireland.

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MIDIS is coming into real estate – What the owners need to fix
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MIDIS is coming into real estate – What the owners need to fix

The new Property Owner Register (MIDIS) is launched in April, with AADE calling 7 million owners to check their data through myAADE. The platform displays three tabs per property with data from tax, land register and other operators. Owners must associate ATAK with KAEK and confirm square, address, rights rates and actual use from over 60 categories. The statement of lease data on rental properties is mandatory, while the system automatically indicates any discrepancies for correction.

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Lobster: From «frozen» plans, at the 500m-euro marina -The project that returns with international players and great expectations
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Lobster: From «frozen» plans, at the 500m-euro marina -The project that returns with international players and great expectations

After years of stagnation, the great project of exploitation of the port in Platygiali Astakos comes back dynamically. The Environmental Impact Study for Nautilus Project, an investment of over 500m euros, was put in public consultation. Alpha Bank and Piraeus Bank, through Lobster Terminal S.A., undertake the implementation. The project envisions a 350-seat five-star marina, luxury hotels, residences and commercial spaces in 1,800 acres. 800-1,000 jobs are expected to be created. Mayor Xiromerou Giannis Triantafyllakis stresses that the investment will bring growth across Western Greece.

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