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Thursday
15
Jan 2026
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Athens 9°C

> Economy

> Economy

US announces tariffs on microchips imported from China from 2027

To date, these products have been imported into the United States with zero tariffs, which, according to the US side, has disproportionately favoured Chinese industry at the expense of US industry.

Ryanair fined €256 million by Italy for abusing dominant market position

The airline’s aim was to hinder ticket sales through online travel agencies in favor of its own website

Decrease in container traffic in Piraeus, upward trends in other European ports of COSCO

The return of the Suez and Red Sea routes is expected to revive activity at the country's largest port

Saks in the shadow of bankruptcy – In a difficult position despite raising billions

Accounting losses exceeding one billion dollars for bondholders following the merger with Neiman Marcus – By December 30, the luxury brand group must repay over $100 million in maturing debt

Properties linked to Jackie O’ Bar Mykonos face foreclosure procedures

The 5-star complex under construction near Super Paradise beach and the luxury maisonette in Aleomantra are scheduled to go up for auction on January 21, 2026- The first offer prices with...many zeros, the history and the faces of the legendary Jackie O' Bar

Property purchases by foreign buyers down 23.9% over nine months

Golden Visa is also down with November recording the lowest numbers this year after August

Japan to restart the world’s largest nuclear power plant, 15 years after the Fukushima disaster

The Kashiwazaki-Kariwa nuclear power plant was closed, along with dozens of others, after the 2011 tragedy - The plant is operated by TEPCO, the company that also operated the Fukushima plant, a fact that heightens residents' concerns

Renovations: new programme with 600 million subsidies for residential buildings

Government announces €400-500 million programme from the NSRF for subsidised renovations of old houses and social housing, aiming to increase supply and contain prices

Operation housing: €7 billion in measures through 2027 — incentives and subsidies for 1.6 million beneficiaries

A €7bn plan to unlock idle homes, rein in short-term rentals, and ease pressure on rents—ambitious on paper, complex in execution

The change (still to come) for the farmers, the rumours (out of place) about elections and the PM for Dendias-Kairidis, Euroxx and the Christmas quarrel

We’ve officially entered the festive week: seasonally cold weather, heavy traffic that tests patience, and packed shops and restaurants—especially in Athens

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