Tag: European Commission

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Turkey Set to Miss Deadline for Inclusion in EU’s SAFE Defense Mechanism

Turkey will miss the deadline to join the EU’s €150 billion SAFE defense mechanism, as the European Commission says its application cannot be processed in time. Political resistance from Greece, Cyprus, and France further complicates Ankara’s bid, while UK negotiations collapsed over funding demands, leaving Canada as the only partner still in talks.

Analysts See Economic Slowdown Ahead for Greece After Recovery Fund Completion

As Greece approaches the end of the EU Recovery and Resilience Fund, economists are voicing concerns about the country’s growth prospects. The IOBE warns that GDP growth could slow to around 1% within five years, highlighting the need for a new, innovation-driven production model to sustain investment and competitiveness once EU funding winds down.

Mitsotakis to Ankara from Brussels: “As Long as Casus Belli Stands, SAFE Is Off the Table”

From Brussels, Greek PM Kyriakos Mitsotakis delivered a firm message to Ankara: “As long as Turkey maintains its casus belli against Greece and questions the sovereignty of Aegean islands, it cannot join the EU’s SAFE defence programme.” Speaking after the EU Summit, he also announced upcoming housing measures, including a rent-refund scheme launching in late November, and called for a realistic energy transition that protects industry and households.

Greece Secures €600 Million from EU Recovery Fund Through New Agreement7 October 2025 | 19:00By Machi Tratsa

Greece has secured €600 million from the EU Recovery Fund after reaching a flexible agreement with the European Commission, ensuring the continuation of the “Constantinos Doxiadis” urban planning program. The deal focuses on prioritising quality studies and phased implementation, with early projects in Mykonos and Santorini set for consultation.

European Prosecutors Launch Probe into Greece–Cyprus Power Cable Project

The European Public Prosecutor’s Office has launched an investigation into the €1.9 billion Greece–Cyprus undersea electricity interconnector, citing possible criminal offences. The project, led by Greece’s ADMIE, is considered crucial for ending Cyprus’s energy isolation and linking the Eastern Mediterranean to Europe’s grid.

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