Tag: Competitiveness

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Mitsotakis on Trump Tariffs: Greece Insists on Unified EU Response

“Greek Prime Minister Kyriakos Mitsotakis called for a unified EU response to Donald Trump’s tariffs during a meeting of the Governmental Economic Policy Council on April 07, 2025. ‘Greece is ready to face these challenges while staying on the path of fiscal stability,’ he declared, emphasizing the need for solidarity among the 27 member states to protect the nation’s economy amid global trade uncertainties.”

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OECD Forecasts Over 2% Annual Growth for Greek Economy in the Next Two Years

The Greek economy is set to grow by over 2% annually through 2026, fueled by EU funds and employment gains, according to an OECD report. While highlighting Greece’s recovery from its debt crisis, the OECD urged further reforms to enhance investment, competitiveness, and tax policy. Prime Minister Kyriakos Mitsotakis emphasised the nation’s progress in job creation and rising wages, while pledging continued reforms under Greece’s stable government.

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Christodoulides and Erdogan Discuss Cyprus, EU Relations Over Coffee in Budapest

President Nikos Christodoulides and Turkish President Recep Tayyip Erdogan held an informal discussion in Budapest, focusing on the Cyprus issue and Turkey’s EU aspirations. Christodoulides stressed the importance of UN resolutions in Cyprus talks and linked Turkey’s EU accession to progress on the Cyprus question. The summit also addressed migration and European economic security, with Christodoulides announcing a new initiative to facilitate the return of Syrian refugees.

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Greece Faces Rising Agricultural Costs as EU Prices Decline in Q2 2024

While most EU countries saw agricultural prices drop in Q2 2024, Greece experienced an 8% increase, driven by supply shortages and rising costs in key products like olive oil. This contrasts with the EU-wide trend of declining input costs and highlights growing economic pressure on Greek farmers and consumers.