
The EU reached a much-anticipated agreement on Friday afternoon to set a price cap on Russian crude at 60 US dollars per barrel, following several days of intense negotiations between the member-states.
The agreement comes in the wake of a G7 decision last September to set a ceiling on Russian crude, eyed as one way to restrict revenues funneled into Putin-led Russia amid the Kremlin’s continued invasion and attacks in Ukraine.


Latest News

Tax Filing in Greece Surpasses Expectations
Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025

Evangelos Marinakis: Proud of Diaspora Greeks, ‘Who’re All Together, United’
Marinakis, an Honorary Grand Marshal of the 86th Greek Independence Parade on Sunday, was touched by his contacts in New York City with members of the Greek-American community, where he spoke fondly of the Diaspora: ‘Twice as Greek, Twice over as Olympiacos fans'

Stirring 86th Greek Independence Day Parade Down 5th Ave. Evangelos Marinakis an Honorary Grand Marshal
According to NYPD sources, the 2025 parade is expected to be one of the biggest in recent memory, with some 120 groups with 52 floats and 15 marching bands paraded from 64th to 79th streets along renowned Fifth Avenue

PM Mitsotakis Highlights Chevron’s Interest in Greek EEZ in Weekly Review
“The interest from Chevron is important because a leading American multinational chooses to invest in Greek maritime plots, thus practically recognizing Greece's EEZ in the area,” the prime minister said.

PM Mitsotakis Visits Israel for Talks on Defense, Energy, and Stability
According to sources, the meetings will cover bilateral collaboration as well as regional developments, particularly in the Eastern Mediterranean and Syria.

Pyatt stresses major Greek role in regional energy map, importance of ongoing Greek-Turkish talks
The former US Assistant Secretary of State foe Energy Resources passionately underlines importance of NATO and America's Global Alliances for US security

Applications for Child Benefit Open Again
The electronic platform for submitting Child Benefit applications, A21, will re-open at 08:00 on Monday, March 31, 2025.

Ellinikon Redevelopment Advances: Key Projects on Track
Spanning 17,000 square meters, the shopping center has already leased out 75% of its space, with an average rental price of 85 euros per square meter.

Aid Arrives as Myanmar Struggles with Earthquake Aftermath
Aid is starting to arrive after the powerful 7.7-magnitude earthquake which struck central Myanmar on Friday, causing widespread devastation and claiming over 1,000 lives.

Over 60% Greeks Own a First Home, 39% a 2nd Home: European Report
The responses from 20,000 European adults who participated in the “RE/MAX European Housing Trend Report 2024,” conducted by Opinium Research for RE/MAX Europe, highlight the evolving expectations for residential spaces