1 € = $ 1.0335
1 $ = € 0.9676
The European Union and United States unveiled a deal on Friday to supply Europe with more US liquefied natural gas (LNG), as leaders of the European bloc meet to curb their reliance on Russian fossil fuels and deal with an energy crunch.
Development and Investment Minister Adonis Georgiadis and Alibaba Group’s Director International of Government Affairs-Europe Manfredi Minutelli.
The European Central Bank should consider Greece’s economic progress when it decides whether to keep granting it funding despite its ‘junk’ credit rating in the coming days, the ECB’s vice-president Luis de Guindos said on Tuesday.
The government announced on Friday a fresh 2 million-euro tourism campaign for five Greek islands that had been overwhelmed by the influx of asylum seekers.
An event titled “The Ionian Islands, Champions in Sustainable Tourism, Culture, Originality and Luxury” was held on Wednesday afternoon in Dubai in the context of the Ionian islands’ participation in the international exhibition Expo Dubai 2020.
With the price of unleaded fuel soaring steadily above 2 euros per liter in cities and close to €2.50 in Greece’s provinces and islands, the government is mulling the inclusion of a subsidy for gas in its new support package for households and businesses that will be presented next week.
Luxury holiday homes in emblematic parts of Greece have by far the highest returns in the Mediterranean. This concerns the yields from letting them out in relation to purchase prices, rendering Greek island real estate exceptionally attractive.
The European Central Bank (ECB) should continue its bond-buying stimulus programme at least until the end of the year and keep it open-ended to cushion the fallout from any conflict in Ukraine, ECB policymaker Yannis Stournaras told Reuters.
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